1705 Newning Ave new

Austin,TX 78704

$ 2950000

5 Beds

4 Baths

3580 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,580 sqft

Price per Sqft $824

Subdivision Fairview Park

MLS Listing ID 9071585

Bedrooms 5

Full Baths 4

Year Built 2009

Annual Tax Amount $41,144

Tax Year 2024

Lot Size 0.254 Acres

Property 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.

Location

State TX

County Travis

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Tile,Wood

Fireplaces Number 1

Fireplaces Type Gas,Living Room

Exterior

Exterior Feature Private Entrance,Private Yard

Garage Spaces 2.0

Fence Fenced,Full,Privacy

Pool Heated,In Ground,Saltwater

Community Features Park,Tennis Court(s),Trail(s),See Remarks

Utilities Available Electricity Connected,Water Connected

Waterfront Description None

View City,City Lights

Roof Type Composition

Building

Lot Description Waterfall,Xeriscape

Foundation Pillar/Post/Pier,Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Travis Hts

Middle Schools Lively

High Schools Travis

School District Austin Isd

Others

Special Listing Condition Standard

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