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$1,399,000 - 707 Highland Avenue, Austin

-
Bedrooms
-
Baths
3,031
SQ. Feet
0.11
Acres

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*

Essential Information

  • MLS® #:
    4200393
  • Price:
    $1,399,000
  • Bathrooms:
    0.00
  • Square Footage:
    3,031
  • Acres:
    0.11
  • Year Built:
    1930
  • Type:
    Residential Income
  • Sub-Type:
    Duplex
  • Status:
    Active

Community Information

  • Address:
    707 Highland Avenue
  • Subdivision:
    Terrace Park
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78703

Amenities

  • Utilities:
    Electricity Available
  • Features:
    Park
  • Parking:
    None
  • View:
    None
  • Waterfront:
    None

Interior

  • Interior:
    Concrete, Tile, Wood
  • Appliances:
    Free-Standing Range, Refrigerator
  • Heating:
    Space Heater
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    Balcony, Exterior Steps
  • Lot Description:
    Corner Lot, Sloped Down
  • Roof:
    Composition
  • Construction:
    Frame
  • Foundation:
    Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Mathews
  • Middle:
    O Henry
  • High:
    Austin

Property Listed by: Compass Re Texas, Llc

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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 13th, 2026 at 1:17pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.