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Under Contract

$899,000

1406 Summit ST, Austin, TX 78741

Elmhurst

Bedrooms6
Bathrooms4
Sq Ft2,292
Acres0.26
Year Built1938

About This Property

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. Don’t miss out—schedule a tour today and discover all the potential this property has to offer!

Property Details

Property TypeSingle Family
MLS #8884899
Days on Market102
Lot Size0.26 acres
Listed1/28/2026
Last Updated1/28/2026

Location

County
Travis
School District
Austin ISD
MLS Area
9

Size

Lot Description
Back Yard, Front Yard, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
$/Acre
$3,457,692

Improvements

Fence
Back Yard, Wood
Exterior Features
None
Heating
Central, Varies by Unit
Cooling
Central Air, Varies by Unit
Appliances
Dishwasher, Free-Standing Gas Range, Refrigerator, Washer/Dryer
Flooring
Tile, Wood
Windows
None
Construction Materials
Masonry – Partial, Wood Siding
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Direction Faces
East
Pool Features
None
Patio / Porch
Covered, Rear Porch
View
Downtown
Community Features
None
Parking Features
Off Street

Location

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Listing provided by Caitlin Sullivan · JBGoodwin REALTORS WL · (802) 233-1185

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$899,000