707 Highland Ave, Austin, TX 78703

• 3,031 sqft

Property Description

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*

Listing Status:

Active

Data Last Updated:

August 29, 2026 at 6:17AM

Listing Office:

Compass RE Texas, LLC : (512) 575-3644

Listing Agent:

Dylan Haines : (512) 633-0864

MLS ID:

4200393

Interior

• General: Built-in FeaturesCeiling Fan(s)Granite CountersKitchen Island
• Rooms: Bedroom
• Appliances: Free-Standing RangeRefrigerator
• Laundry: Common Area
• Flooring: ConcreteTileWood
• A/C: Ceiling Fan(s)Wall/Window Unit(s)
• Heating: Space Heater
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: BalconyExterior Steps
• Other Structures: None
• Pool: None
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• Windows: Double Pane Windows
• General: OneSlab

Location

• HOA Amenities: Park
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: N 52 FT OF LOT 2 BLK D OLT 3 DIV Z TERRACE PARK01080307030000
• View: None
• Fencing: None

Utilities

• Utilities: Electricity Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris