1406 Summit St
Austin, TX 78741
-- Bed
2 Baths
2,292 Sq Ft
15 Days on Market
For Sale $950,000
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Courtesy of JBGoodwin REALTORS WL

Listing Agent & Comments

Caitlin SullivanJBGoodwin REALTORS WL
802-233-1185caitlinsullivan@jbgoodwin.com License #0820605
Prime Investment Opportunity Minutes from Downtown Austin! Main house leased for 1 year starting July 1st. Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a 3-year proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. With 3 years of proven revenue, this is an opportunity you can’t pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today!

MLS# 3354867 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,292 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms--
Bathrooms2
Stories2
Year Built1938
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$12,562
Property in Flood Zone--
This property is missing data for:
Comparable properties and forecast
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1406 Summit St., Austin, TX 78741

Multifamily
-- Bed
2 Baths
2,292 Sq Ft
15 Days on Market

Listing Agent & Comments

Caitlin SullivanJBGoodwin REALTORS WL
802-233-1185caitlinsullivan@jbgoodwin.com License #0820605
Prime Investment Opportunity Minutes from Downtown Austin! Main house leased for 1 year starting July 1st. Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a 3-year proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. With 3 years of proven revenue, this is an opportunity you can’t pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today!

MLS# 3354867 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,292 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms--
Bathrooms2
Stories2
Year Built1938
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$12,562
Property in Flood Zone--
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $950,000
Get_PreApproved_Property_Details
Save
Courtesy of JBGoodwin REALTORS WL
1406 Summit St
Austin, TX 78741
-- Bed
2 Baths
2,292 Sq Ft
15 Days on Market

Listing Agent & Comments

Caitlin SullivanJBGoodwin REALTORS WL
802-233-1185caitlinsullivan@jbgoodwin.com License #0820605
Prime Investment Opportunity Minutes from Downtown Austin! Main house leased for 1 year starting July 1st. Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a 3-year proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. With 3 years of proven revenue, this is an opportunity you can’t pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today!

MLS# 3354867 • Data provided by Unlock MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,292 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms--
Bathrooms2
Stories2
Year Built1938
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$12,562
Property in Flood Zone--
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $950,000
Get_PreApproved_Property_Details
Save
Courtesy of JBGoodwin REALTORS WL