For Sale Multi-Family MLS# ACT4200393

707 Highland Ave

Austin, TX 78703

$1,399,000

About 707 Highland Ave

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*

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1930
Stories
One
Living area
3,031 sqft
Price / sqft
$462
Lot
0.11 AC / 4,791 SF
Original price
$1,399,000
MLS #
4200393

Interior

Features
Built-in Features, Ceiling Fan(s), Granite Counters, Kitchen Island
Appliances
Free-Standing Range, Refrigerator
Flooring
Concrete, Tile, Wood
Heating
Space Heater
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Laundry
Common Area
Windows
Double Pane Windows

Exterior & lot

Features
Balcony, Exterior Steps
Roof
Composition
Foundation
Slab
Lot
Corner Lot, Public Maintained Road, Sloped Down

Schools

District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Utilities

Utilities
Electricity Available
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$18,431
Tax year
2025
Parcel
01080307030000
Legal
N 52 FT OF LOT 2 BLK D OLT 3 DIV Z TERRACE PARK
Special conditions
Standard

Location

Subdivision
Terrace Park
County
Travis
Directions
From W. 6th Street, go north on Highland Avenue for one block. Property is at the corner of Highland and Tremont.

Location

Neighborhood
Terrace Park

Ask about this property

Questions on 707 Highland Ave, or want to see it in person?

Listed by Dylan Haines, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.