$875,000
UNDER CONTRACT $20K PRICE DROP

Estimated payment $5,485/month

Total Views 4,961
4 Beds
3 Baths
2,383 Sq Ft
$367 Price per Sq Ft

Highlights

  • Guest House
  • Second Kitchen
  • Deck
  • Reilly Elementary School Rated 9+
  • Open Floorplan
  • 3-minute walk to Mustang Button Park

About This Home

Investor-ready modern compound with proven income in Central Austin. Artfully reimagined 1950s ranchette turned high-performing dual-unit property in the heart of Austin’s urban core. Renovated and expanded by a husband-and-wife architect/design team, this Highland offering combines timeless design with strong, documented cash flow and multiple leasing strategies. The detached casita is an established, highly active Airbnb with 300+ five-star reviews and an average monthly income of approximately $2,500, offering immediate, turnkey short-term rental revenue. The front residence presents additional upside, with projected Airbnb income of ~$4,200/month or long-term rental potential of ~$3,800/month, allowing investors to pursue STR, LTR, or hybrid strategies. The light-filled main home offers 3 bedrooms, 2 baths, a ground-floor primary suite, open kitchen/living/dining, two guest bedrooms plus a flex space upstairs. Design-forward kitchen includes stainless steel appliances, Caesarstone countertops, marble tile backsplash, eat-in island, and walk-in pantry. Vaulted living room with exposed beams and Velux skylights opens seamlessly to private outdoor living. Solid white oak floors throughout the main level; baths feature Heath Ceramics tile and Kohler fixtures. The detached casita, built in 2020, functions equally well as a guest suite, STR, or private office. Most furnishings are negotiable and may convey. A rare opportunity to acquire a design-driven Central Austin compound with proven income, flexible use, and strong long-term upside.

Listing Agent

Tammy Young

Compass RE Texas, LLC Brokerage Phone: (512) 777-0205 License #0580831 Listed on: 12/17/2025

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,246

Year Built

  • Built in 1951

Lot Details

  • 7,004 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Native Plants
  • Wooded Lot
  • Garden
  • Back Yard Fenced and Front Yard

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Multiple Living Areas
  • Dining Area
  • Home Office

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Guest House

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 0229080521
  • Tax Block 1

Community Details

Overview

  • No Home Owners Association
  • Sherry Dale Subdivision
  • Electric Vehicle Charging Station

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,246

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1951
  • Direction Faces: South
  • Directions: From Downtown: Take Lamar North, turn right on Denson. Property is on your left.
  • Disclosures: Seller Disclosure
  • Fencing: Back Yard, Fenced, Full, Privacy, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 2383
  • Other Equipment: None
  • Other Structures: Guest House, Shed(s)
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 777-0205
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 13844.85
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 124.92
  • Current Price By Living Ar: 367.18
  • "Current Price By Original ": 0.98
  • List Price Lot Size Square: 124.92
  • List Price By Living Area: 367.18
  • List Price By Original Lis: 0.98
  • Restrictions: None
  • Tax Exemptions: Homestead
  • Unit Mix: 1/1,3/2
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • ACT_MonthToMonthYN: 1
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • Special Features: 4224

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Ceiling-High, Vaulted Ceiling(s), Quartz Counters, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • View: None
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Free-Standing Gas Oven, RNGHD, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer
  • Property Condition: Resale
  • Window Features: Double Pane Windows, Window Treatments
  • Dining Room Type: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Kitchen, Additional Ktch, Family Room, Laundry, Office
  • Laundry Location: Laundry Room

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Electric Car Plug-in, Exterior Steps, Garden, Private Yard
  • Roof: Composition, Metal, Shingle
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Off Street, Open
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: See Remarks

Association/Amenities

  • Association: No
  • Community Features: Curbs, Playground

Schools

  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Curbs, Front Yard, Garden, Landscaped, Native Plants, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 0229080521
  • Lot Size Acres: 0.1608
  • Lot Size Sq Ft: 7004.45
  • Subdivision Name: Sherry Dale

Rental Info

  • Owner Pays: All Utilities
  • Total Actual Rent: 2500
  • Pets Allowed: All

Building Info

  • Construction Materials: Frame, HardiPlank Type, Blown-In Insulation, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 1
  • Tax Year: 2025
  • Tax Annual Amount: 11245.53
  • Tax Rate: 1.98180000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,671 $567,436 $315,069 $252,367
2023 $11,474 $730,852 $0 $0
2022 $13,823 $699,910 $0 $0
2021 $13,227 $607,668 $180,000 $481,820
2020 $8,368 $390,125 $180,000 $210,125
2018 $5,156 $232,896 $180,000 $52,896
2017 $4,228 $189,598 $121,500 $68,098
2016 $4,165 $186,742 $121,500 $65,242
2015 $2,965 $170,361 $121,500 $48,861
2014 $2,965 $142,086 $103,500 $38,586
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 Price Changed $875,000 -2.2% $367 / Sq Ft
12/17/2025 12/17/25 For Sale $895,000 +156.1% $376 / Sq Ft
03/08/2018 03/08/18 Sold -- -- -- View Prior Sale
02/01/2018 02/01/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $349,500 -- $391 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Independence Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,600 New Conventional
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2652512

Unlock MLS (Austin Board of REALTORS®)

APN: 230089