1317 Newning Ave, Austin TX 78704
MLS #241381838 · Keller Williams Realty · Lalo Herrera
About this home
Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1951
- Full baths
- 1
- Lot size
- 0.269
- Subdivision
- Michaels Fairview Park 02
- MLS area
- 6
- MLS #
- 241381838
Features
Interior features
- Ceiling Fan(s)
- Stone Counters
- Open Floorplan
- Primary Bedroom on Main
Exterior features
- Exterior Steps
- Private Yard
Additional details
- Parking
- Gravel
- Garage spaces
- 0
- Roof
- Composition, Metal, Shingle
- Foundation
- Pillar/Post/Pier
- Annual tax
- $21,928
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Travis Hts
- Middle
- Lively
- High
- Travis
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Getting around
- Downtown Austin
- 1.2 mi
- Austin-Bergstrom Airport
- 5.9 mi
Straight-line distance, not drive time.
Market insights
Compared with 558 active homes in ZIP 78704 · HomeLocating listings
At $1,999,500, this home is priced 161% above the $765,000 median across 558 active homes in ZIP 78704.
Estimated monthly payment
Home price
$1,999,500
Down payment
20% ($399,900)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Keller Williams Realty · Lalo Herrera
Listing data last updated Oct 2, 2026, 11:46 PM
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