1406 Summit St, Austin, TX 78741

$899,000
  • 1406 Summit St, Austin, TX 78741 Main Photo

32 Total Photos [Click to View All]

Active
BEDS6 BATHS4 full SQUARE FEET2,292 MLS#8884899
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONElmhurst SCHOOLAustin ISD

Property Description

Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin!This unique property combines a spacious main house with two income-generating accessory dwelling units (ADUs), located just minutes from downtown Austin and Lady Bird Lake. Whether you're looking to live in the main house and generate rental income or host guests, this property offers great flexibility and the opportunity to offset mortgage costs significantly.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. Currently leased through July 2026.-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 rentals, providing a steady stream of income.-Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units?offering long-term growth potential.Set on an 11,325 sq ft lot, this property offers the perfect balance of immediate comfort and future possibilities. Live in the main house while enjoying reliable rental income from the ADUs, or explore the potential for expansion in Austin's rapidly growing market.Whether you're an owner-occupant or looking to maximize rental income, this property provides the best of both worlds. Dont miss out?schedule a tour today and discover all the potential this property has to offer!

1406 Summit St | MLS# 8884899

This home located at 1406 Summit St, Austin, TX 78741 is currently listed for sale with an asking price of $899,000. This property was built in 1938 and has 6 bedrooms and 4 full baths with 2292 sq. ft. Summit St is located in the Elmhurst subdivision within the Austin ISD school district. Search Elmhurst real estate on gilbertg.rmcapitalcity.com today.

Property Features

Property Type: Residential -
Cooling: Central Air, Varies by Unit
Heating: Central, Varies by Unit
Lot Size: 0.26 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $9,561
Year Built: 1938

Amenities

Eat-in Kitchen
Multiple Dining Areas
Primary Bedroom on Main

Feature Descriptions

Appliances: Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer
Area #: 9
Days on Site: 79
Exterior: Masonry ??? Partial, Wood Siding
Fencimg: Back Yard, Wood
Flood Plain: No
Flooring: Tile, Wood
Lot: Back Yard, Front Yard, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Parcel#: 03030505050000
Parking: Off Street
Parking Notes: Off Street
Patio/Porch: Covered, Rear Porch
Security: Prewired
Sewer: Public Sewer
Special View Info: Downtown
Utilities: Electricity Connected, Natural Gas Connected, Phone Available
Water: Public

Local Schools

High School: Travis
Middle School: Lively
Elementary School: Travis Hts
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: JBGoodwin REALTORS WL
Agency Contact: (512) 502-7601

Shown By

Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City

IDX logo

Estimate Your Payment

Estimated Payment

$ 3,059.74 per month $2,000.78 Principal & Interest $796.75 Property Tax $262.21 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Register to View this Listing

Why Create an Account?

If you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.

With an account you can:

  • Save your favorite listings
  • Save searches with your important parameters
  • Be emailed about new listings that meet your criteria
  • Be notified of changes to your saved listings such as a price reduction or when a property goes off the market
  • Keep track of homes you have recently viewed

Sign Up Today

At least 6 characters with one uppercase, one lowercase, and one number

Already have an account? Sign in here.

Forgot your password?

Pixel