1317 Newning Ave is a rare opportunity in the heart of Travis Heights (78704) Just steps from South Congress (SoCo) and minutes to Downtown Austin. This 0.269-acre (11,718 sqft) corner lot offers exceptional flexibility with three existing dwelling units, making it ideal for multi-generational living, short-term rental (STR) potential, long-term income production, or redevelopment.The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit, all thoughtfully updated in 2022. Each structure offers charm and functionality, creating immediate rental income potential or the ability to live in one unit while leasing the others.This property also presents a compelling redevelopment or new construction opportunity, with the potential to build a 4,000+ sqft luxury home in one of Austins most desirable neighborhoods, where new construction homes command premium values.Enjoy unbeatable walkability and location benefits, including easy access to South Congress Avenues restaurants, coffee shops, boutiques, and nightlife, while still being tucked away from the main traffic corridors. Stacy Park and Pool are just a short walk away, and Downtown Austin, Lady Bird Lake, and major employers are only minutes from your doorstep.Whether youre an investor seeking a cash-flowing property in 78704, a buyer looking for a multi-generational setup, or someone wanting to build new in Travis Heights, 1317 Newning offers location, versatility, and long-term upside rarely found in todays market.Schedule your private showing to explore the full potential of this one-of-a-kind property.
Listed By
Agency Name: Keller Williams Realty
Agency Contact: (512) 698-1588
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimated Payment
$ 6,861.80 per month $4,451.13 Principal & Interest $1,827.33 Property Tax $583.33 Homeowner's Insurance
1317 Newning Ave | MLS# 7440361
This single family home located at 1317 Newning Ave, Austin, TX 78704 is currently listed for sale with an asking price of $2,000,000. This property was built in 1951 and has 6 bedrooms and 3 full baths with 2002 sq. ft. Newning Ave is located in the Michaels Fairview Park 02 subdivision within the Austin ISD school district. Search Michaels Fairview Park 02 real estate on www.pealestate.com today.