707 Highland Ave, Austin, TX 78703
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: dylan haines
Office: compass re texas, llc.
MLS#:4200393
Source:ACTRIS
707 Highland Ave,Austin, TX 78703
$1,399,000
- - Beds
- - Baths
- 3,031 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,399,000
- Price per sq. ft.:$461.56
About this home
Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin.
The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level.
The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining.
A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor.
*THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*...
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Home facts
- Year built:1930
- Subdivision & Development:Terrace Park
- Listing ID #:4200393
- Updated:September 08, 2026 at 03:30 PM
Rooms and interior
- Flooring:Concrete, Tile, Wood
- Kitchen Description:Free-Standing Range, Refrigerator
- Living area:3,031 sq. ft.
Heating and cooling
- Heating:Space Heater
Structure and exterior
- Roof:Composition
- Year built:1930
- Building area:3,031 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner Lot, Public Maintained Road, Sloped Down
- Construction Materials:Frame
- Exterior Features:Balcony, Exterior Steps
- Foundation Description:Slab
Schools
- High school:Austin
- Elementary school:Mathews
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,399,000
- Price per sq. ft.:$461.56
Features and amenities
- Appliances:Free-Standing Range, Refrigerator
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