1028 Ellingson LN, Austin TX 78751
MLS #244490766 · Property Consultants of Austin · Paula Craig
About this home
Discover a unique opportunity in a well-established Austin neighborhood, where a vintage 1948 home awaits its next chapter on a generous corner lot spanning nearly a quarter acre. This property offers an exceptional blend of classic charm and modern potential, perfectly positioned for both investors and owner-occupants. The residence boasts 2,240 square feet of living space (house and guest house), providing ample room for comfortable living and creative customization. Enjoy the convenience of being just blocks away from the UT Shuttle/CapMetro, Hancock Center, and a diverse array of local restaurants, making city access effortless. The property uniquely features a 1-bedroom, 1-bathroom detached guest house, currently providing rental income of $995/month and offering flexible living arrangements or additional income streams. Inside the main home, a large workshop presents a versatile space, ideal for conversion into a dedicated home office, an entertaining game room, an additional bedroom, or a cozy den to suit your lifestyle needs. Outside, three mature pecan trees grace the landscape, offering abundant shade on sunny days and delicious seasonal treats. This prime location and versatile property combine to create an enticing urban sanctuary, providing a rare chance to own a piece of Austin's vibrant history with significant upside.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1948
- Full baths
- 1
- Lot size
- 0.2125
- Subdivision
- Mayfair Terrace
- MLS area
- 4
- MLS #
- 244490766
Features
Interior features
- Bidet
- Bookcases
- Ceiling Fan(s)
- Tile Counters
- Gas Dryer Hookup
- Eat-in Kitchen
- Interior Steps
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Primary Bedroom on Main
- Storage
- Study/Home Office
- Washer Hookup
Exterior features
- Dog Run
- Exterior Steps
- Gutters Partial
Additional details
- Parking
- Attached Carport
- Garage spaces
- 0
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Annual tax
- $13,988
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Lee
- Middle
- Lamar (Austin ISD)
- High
- McCallum
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Getting around
- Downtown Austin
- 2.9 mi
- Austin-Bergstrom Airport
- 7.9 mi
Straight-line distance, not drive time.
Market insights
Compared with 155 active homes in ZIP 78751 · HomeLocating listings
At $799,000, this home is priced 45% above the $550,000 median across 155 active homes in ZIP 78751.
Estimated monthly payment
Home price
$799,000
Down payment
20% ($159,800)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Property Consultants of Austin · Paula Craig
Listing data last updated Oct 2, 2026, 11:46 PM
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