Overview

  • Single Family Residence
  • Property Type
  • 5
  • Bedrooms
  • 4.5
  • Bathrooms
  • 3007
  • Sq Ft
  • 2026
  • Year Built
  • 0.294
  • Lot Sq Ft

Description

Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities.
The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true “rent and live” scenario—live comfortably in the main home while generating income next door, or “rent both” for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system.
Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

Interior Features

Living Area
3007
Price per Sqft
498.84
Levels
Two
Living Room
3
Flooring
Wood
# Other Level Beds
5
Dining Rooms
2
Main Level Bedrooms
0
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Total Bathrooms
4.5
Fireplace
0
Laundry Location
In Unit, Inside, Laundry Room, Lower Level, Main Level
Cooling
Yes
Cooling Description
Attic Fan, Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan, Humidity Control, Multi Units, Separate Meters, Varies by Unit, Zoned
Heating
Yes
Heating Description
Electric, ENERGY STAR Qualified Equipment, Exhaust Fan, Heat Pump, Hot Water, Propane, Propane Stove, Separate Meters
Patio And Porch Features
Covered, Deck, Front Porch, Side Porch
Window Features
Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens, Vinyl Windows
Interior Features
2 Primary Baths, 2 Primary Suites, High Ceilings, Vaulted Ceiling(s)
Appliances
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Cooktop, Gas Range, Humidifier, Microwave, Propane Cooktop, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater

Utilities

Utilities
Above Ground, Electricity Connected, Propane, Sewer Connected, Water Connected

Exterior Features

Roof
Composition
Waterfront
No
Property Condition
New Construction
Foundation Details
Slab
View
No
Fencing
Partial
Water Source
Public
Other Structures
Guest House, Second Residence, Workshop
Spa Features
Parking Features
Asphalt, Attached, Boat, Enclosed, Guest, Inside Entrance, Kitchen Level, Oversized, RV Garage, Storage, Workshop in Garage
Pool
No
Lot Size
0.29 Acres
Sewer
Engineered Septic, Shared Septic
Exterior Features
Balcony, Boat Ramp, CCTYD, Exterior Steps

School Information

Elementary School
River Ridge
Middle School
Canyon Ridge
High School
Vandegrift

Other Property Details

MLSⓇ ID
1478351
MLS Board
Unlock MLS
Direction Faces
NW
Community Features
Fishing, High Speed Internet, Lake, Park
Accessibility Features
Adaptable Bathroom Walls, Accessible Bedroom, Central Living Area, Accessible Closets, Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Hand Rails, Accessible Kitchen, Accessible Stairway, Accessible Washer/Dryer
Lot Features
Back Yard, Front Yard, Landscaped, Private, Trees-Large (Over 40 Ft), Views
FEMA Flood Plain
No

TAX Details*

Estimated Taxes
$10,000.00

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
670556
List Agent Name
Derrik Hammer
Listing Broker
Hammer Real Estate Company
Contractual Search Date / Listed
2026-07-24

Other Details

Pets Allowed
[mls_disclaimer]

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