1406 Summit ST
Austin, TX, 78741
$950,000
6 Beds
4 Baths
2,292 SqFt
0.26 Acres
Add
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Charming Home with 2 Income-Generating ADUs, Just Minutes from Downtown Austin! Main house leased through 8/31/26.

This unique property combines a spacious main house with two income-generating accessory dwelling units (ADUs), located just minutes from downtown Austin and Lady Bird Lake. Whether you’re looking to live in the main house and generate rental income or host guests, this property offers great flexibility and the opportunity to offset mortgage costs significantly.
Key Features:
-Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants.
-Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. ($2950/monthly earnings)
-ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. (~$1800/monthly earnings)
-ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. (~$1800/monthly earnings)
-High Income Potential: All three units are currently rentals, providing a steady stream of income.
-Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential.
Set on an 11,325 sq ft lot, this property offers the perfect balance of immediate comfort and future possibilities. Live in the main house while enjoying reliable rental income from the ADUs, or explore the potential for expansion in Austin’s rapidly growing market.
Whether you’re an owner-occupant or looking to maximize rental income, this property provides the best of both worlds. Don’t miss out—schedule a tour today and discover all the potential this property has to offer!

Property Details

Price:
$950,000
MLS #:
6246192
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
See Remarks
Subdivision:
Elmhurst
Listed Date:
Sep 2, 2025
Finished Sq Ft:
2,292
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1938
ElmhurstAustin IsdTravis HtsLivelyTravis

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Schools

School District:
Austin ISD
Elementary School:
Travis Hts
Middle School:
Lively
High School:
Travis

Interior

Appliances
Dishwasher, Free- Standing Gas Range, Refrigerator, Washer/ Dryer
Bathrooms
4 Full Bathrooms
Cooling
Central Air, Varies by Unit
Flooring
Tile, Wood
Heating
Central, Varies by Unit

Exterior

Community Features
None
Exterior Features
None
Other Structures
Guest House, See Remarks
Parking Features
Off Street
Roof
Shingle

Financial

Taxes
$9,561

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Sep 11, 2025
4,215
Single Family Listed
98
Avg DOM
391
Avg $ / SqFt
$1,017,989
Avg List Price

Property Summary

    Located in the Elmhurst subdivision, 1406 Summit ST Austin TX is a Single Family for sale in Austin, TX, 78741. It is listed for $950,000 and features 6 beds, 4 baths, and has approximately 2,292 square feet of living space, and was originally constructed in 1938. The current price per square foot is $414. The average price per square foot for Single Family listings in Austin is $391. The average listing price for Single Family in Austin is $1,017,989. To schedule a showing of MLS#6246192 at 1406 Summit ST in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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