$730,000

Multi Unit Austin United States

  • 4 Beds
  • 2 Baths
  • 1,832 Sqft
  • 7,131 Sqft lot
  • Updated: September 11
  • MLS#2763195

About the Property

$25K Price Improvement! Urban dwellers dream, unique investment opportunity or BOTH in the heart of tree-lined pocket neighborhood Banister Acres/Southwood, fast becoming the next hot spot for central living! Two artistically inspired homes that rent quickly given the neighborhoods proximity to 78704, SOCO, SOLA, Zilker Park/Barton Springs, St Elmo district and more! Both are in great shape. The f
$25K Price Improvement! Urban dwellers dream, unique investment opportunity or BOTH in the heart of tree-lined pocket neighborhood Banister Acres/Southwood, fast becoming the next hot spot for central living! Two artistically inspired homes that rent quickly given the neighborhoods proximity to 78704, SOCO, SOLA, Zilker Park/Barton Springs, St Elmo district and more! Both are in great shape. The front home is a 3-1 ranch-style bungalow with a warm mid-century appeal and has had all major items updated. The 1-1 is a Erica Heroy signature featured in Dwell magazine built around 2017. It’s an architectural space that offers a true sense of zen while inspiring creativity with its large open space, cool loft bedroom and lots of storage space. Live in one and rent out the other full time or STR with great rental demand for the area given proximity to 78704 and downtown yet much more affordable. 3/1 projected rents at $1900-$2k per mth and 1-1 projected rents at $1700 per mth. OR live in one and STR the other and easily double the daily revenue after expenses! Collectively this property provide amazing flexibility - investment, STR, off-seting payment to live in central for very low dollars while building equity and more. 1,832 Total sq ft 7k+ sq foot lot ADU featured in magazines and built in 2018 New interior paint at ADU Added stove/backsplash at ADU in 2024 New tankless water heater in ADU Pre-wired for Surround Sound at ADU New Interior paint on both Foors on front house in 2023 Roof replacement in 2021 on front house Windows in 2017 at front house Updated electric in 2017 Updated PVC Drain Lines on front house 2023 10 mins to ABIA, Zilker Park/Barton Springs, downtown Minutes to Central Market, Juiceland, SOCO, SOLA.
  • Property type

    Other

  • Floors

    2

  • Year built

    1958

  • Price/sqft

    $398

Features

  • Garden
  • Open Kitchen
  • Terrace
  • Game Room
  • Investment Property
  • Washer Dryer
  • Gate
  • Outdoor Living Space
  • High Ceiling
Features

Lot

Indoor

  • High Ceiling
  • Washer Dryer
  • Laundry Room
  • Game Room
  • Open Kitchen
  • Stone Countertops

Outdoor

  • Terrace
  • Outdoor Living Space
  • Gate
  • Garden

Explore the Area

1808 Forest Hill Dr, Austin, Texas, United States View on Google Maps
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Tarek Morshed Tarek Morshed background
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Tarek Morshed
Texas, United States
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Tarek Morshed Tarek Morshed background
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2025
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Christie’s International Real Estate @properties lone star - Austin
Christie’s International Real Estate @properties lone star - Austin
1105 N. Lamar Blvd Ste. 100, 78703, Austin, Texas, United States
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Welcome to Austin, where creativity meets comfort, and every day feels like a song waiting to be written. Known

Welcome to Austin, where creativity meets comfort, and every day feels like a song waiting to be written. Known as the ”Live Music Capital of the World,” Austin is a spirited city filled with energy and opportunity. Downtown buzzes with trendy restaurants, quirky shops, and iconic music venues spanning genres from blues and country to indie rock and electronic. 


Step into the city’s historic district and feel the past come alive. Lovingly restored homes have been transformed into stylish shops and businesses, seamlessly blending old-world charm with contemporary flair. Modern developments rise alongside these historic gems, each adding to the city’s architectural tapestry while preserving its rich heritage. 


Beyond the city center, a medley of neighborhoods offers a variety of living options – from luxurious high-rises to funky bungalows and sprawling single-family homes. Austin is more than just a place to live; it’s a place to thrive. Fueled by a highly skilled workforce and world-class institutions like the University of Texas, Austin is a hub of innovation and opportunity. Cutting-edge infrastructure and a thriving startup ecosystem attract top talent and investment from around the world. 


Beyond the cultural buzz, Austin beckons nature lovers with its abundance of outdoor activities. Hike and bike along the scenic Lady Bird Lake Hike and Bike Trail, offering breathtaking views of the downtown skyline. Take a dip in the refreshing waters of Barton Springs Pool, a natural spring-fed oasis in the heart of the city. Kayak or paddleboard on the calm waters of Lady Bird Lake, or explore Zilker Park, a sprawling green space perfect for picnics, frisbee games, or simply relaxing under the Texas sun. 


Whether you’re a young professional seeking an eclectic urban environment, a family looking for excellent schools and a strong sense of community, or a retiree yearning for an active lifestyle, Austin offers a unique blend of excitement and small-town comfort. 

Last updated
September 11
First listed
May 13
Agent licence
#0461306 (TX)
Listing reference
UNLOCKMLS2763195
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