1406 Summit Street, Austin, TX 78741
Local realty services provided by:CENTURY 21 North East
Listed by: caitlin sullivan
Office: jbgoodwin realtors wl
MLS#:6389057
Source:ACTRIS
1406 Summit Street,Austin, TX 78741
$899,000
- - Beds
- - Baths
- 2,292 sq. ft.
- Multi-family
- Active
Price summary
- Price:$899,000
- Price per sq. ft.:$392.23
About this home
Prime Investment Opportunity Minutes from Downtown Austin!
Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs!
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.
-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. With 3 years of proven revenue, this is an opportunity you can’t pass up!
-Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers.
Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today!...
Contact an agent
Home facts
- Year built:1938
- Listing ID #:6389057
- Updated:March 18, 2026 at 02:57 PM
Rooms and interior
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Free-Standing Gas Range, Refrigerator
- Living area:2,292 sq. ft.
Heating and cooling
- Cooling:Central, Varies by Unit
- Heating:Central, Varies by Unit
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:2,292 sq. ft.
- Lot Features:Back Yard, Front Yard, Trees-Large (Over 40 Ft)
- Construction Materials:Masonry Partial, Wood Siding
- Exterior Features:Gutters Full, Private Entrance, Private Yard
- Foundation Description:Pillar/Post/Pier, Slab
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$392.23
- Tax amount:$9,561 (2021)
Features and amenities
- Appliances:Dishwasher, Free-Standing Gas Range, Refrigerator, Stackable W/D Connections, Varies by Unit, Washer/Dryer
- Laundry features:Washer/Dryer
Parking
- Total parking spaces:3
- Parking description:Off Street
New listings near 1406 Summit Street
- New
$315,000Active3 beds 2 baths1,385 sq. ft.4801 Scarsdale Drive, Austin, TX 78744
MLS# 81899269Listed by: METROLINA ESTATE REALTY, LLC - New
$369,900Active2 beds 2 baths1,150 sq. ft.6000 Shepherd Mountain Cv Nw #903, Austin, TX 78730
MLS# 7317816Listed by: JOE R. STEWART, REALTORS - New
$850,000Active5 beds 3 baths2,775 sq. ft.4933 China Garden Dr, Austin, TX 78730
MLS# 8298182Listed by: EXP REALTY, LLC - New
$1,749,000Active3 beds 3 baths2,602 sq. ft.4501 Spanish Oaks Club Blvd #14, Austin, TX 78738
MLS# 1366857Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$310,000Active3 beds 3 baths2,027 sq. ft.12909 Noche Clara Dr, Del Valle, TX 78617
MLS# 3001679Listed by: RE/MAX GO - NB - New
$1,450,000Active5 beds 5 baths3,998 sq. ft.517 Summer Alcove Way, Austin, TX 78732
MLS# 4161307Listed by: HARVARD REALTY - New
$325,000Active2 beds 3 baths1,208 sq. ft.2632 Century Park Blvd #62, Austin, TX 78727
MLS# 2329744Listed by: COMPASS RE TEXAS, LLC - New
$2,795,000Active6 beds 5 baths6,931 sq. ft.3101 Lating Stream Ln, Austin, TX 78746
MLS# 6024313Listed by: MORELAND PROPERTIES - New
$545,000Active3 beds 3 baths2,556 sq. ft.2608 Barbera Pass, Austin, TX 78748
MLS# 607494Listed by: REALTY TEXAS LLC - New
$639,000Active3 beds 2 baths2,086 sq. ft.6406 Haney Dr, Austin, TX 78723
MLS# 1738471Listed by: TWELVE RIVERS REALTY