920 SHADY LN, Austin, TX 78702

• 6 beds |
• 3 baths |
• 2,774 sqft

Property Description

Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austin’s booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dan’s Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom "Blue House" radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed "Green House," a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.

Listing Status:

Active

Data Last Updated:

August 28, 2026 at 12:19PM

Listing Office:

Allure Real Estate : (512) 518-0008

Listing Agent:

Monica Poss : (512) 775-0974

MLS ID:

1765850

Interior

• General: Two Primary BathsTwo Primary SutiesBookcasesBuilt-in FeaturesCeiling Fan(s)Tile CountersEat-in KitchenMultiple Dining AreasMultiple Living AreasPantryPrimary Bedroom on Main
• Appliances: DishwasherFree-Standing Gas RangeStainless Steel Appliance(s)Water Heater
• Laundry: Laundry Room
• Flooring: TileWood
• A/C: Central AirWall/Window Unit(s)
• Heating: Central
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

• General: See Remarks
• Other Structures: Shed(s)WorkshopPorchFront PorchRear Porch
• Pool: None
• Parking: DrivewayOutsideParking spaces: 10

Construction

• Roofing: MetalShingle
• Windows: Blinds
• General: OnePillar/Post/Pier

Location

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

Lot

• Zoning: LOT 1 SHADY LANE ADDN02041603040000
• View: NeighborhoodTrees/Woods
• Fencing: PartialWood

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris