$2,950,000
For Sale

1705 Newning Avenue

Austin, TX 78704
3580 sqft | 5 beds | 4 baths | 0.25 acres | #9071585
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to 1705 Newning Avenue, an unparalleled investment opportunity nestled in the heart of Austin's highly coveted Travis Heights neighborhood. Just four blocks from the vibrant South Congress Avenue, this award winning property features four bespoke vacation rentals on a lush, .25-acre lot adorned with stunning heritage oak trees. Recently featured on Modern Architecture + Design Society home tour and selected by internationally known AFAR media as one of the top vacation properties in the world. Renowned as one of Austin's highest-ranked and most-searched Airbnb destinations, this property generated nearly $300,000 in revenue across all listings in 2024. With over 3,400 + glowing 5-star reviews, it’s a proven, fully furnished, and turn-key income generator. Previous years' income reports are available upon request. The property encompasses over 3,500 square feet across all units, each meticulously designed with high-end finishes, curated art, vintage and antique details throughout, and contemporary furnishing. Guests are welcomed into a serene oasis with access to a heated salt water pool surrounded by lush greenery, creating an unforgettable Austin experience. Sustainability meets luxury with fully owned solar panels, enhancing both environmental efficiency and cost savings. The property’s proximity to South Congress's iconic restaurants, boutiques, and entertainment makes it an unbeatable destination for visitors year-round. Whether you're an investor seeking a premier vacation rental portfolio or a homeowner dreaming of a luxurious boutique hotel compound. 1705 Newning Avenue offers an exceptional opportunity to own a piece of Austin's thriving hospitality market.

  • Property Details
      • InteriorBreakfast Bar, Bookcases, BuiltInFeatures, Ceiling Fans, Chandelier, Separate Formal Dining Room, Double Vanity, EatInKitchen, H
      • Utility FeaturesElectricity Connected, Water Connected
      • Exterior MaterialsPrivate Entrance, Private Yard
      • FoundationPillar Post Pier, Slab
      • Property SubtypeSingleFamilyResidence
      • Lot DescriptionWaterfall, Xeriscape
      • ViewCity Lights, City
      • Elementary SchoolTravis Heights
      • SubdivisionFairview Park
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Original List Price$2,750,000
      • Property TypePurchase
      • Taxes Annual$41,144
      • MLS #9071585
      • Cost2950000
      • MLS #9071585
      • Acres0.2541
      • Utility SourcePublic
      • Middle SchoolLively
      • High SchoolTravis
      • CountyTravis
      • Property ConditionResale
      • Square Feet3580
      • Year Built2009
      • Fireplaces1
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
      • Pool1
      • Parking Spaces2
      • Days on Market (Cumulative)6

Location

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6.0%

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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