920 Shady Ln, Austin, TX 78702

$975,000
6
BD
3
BA
2,774
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$975,000
Status
ACTIVE
Days on Market
9
MLS#
1765850
Subtype
Residential
Year Built
1937
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
2,774
Lot Size
31,293
Acres
0.72
Subdivision
Shady Lane Add
Neighborhood
Shady Lane Add
MLS Area Major
Austin - Central, Austin - East

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.

Additional Information

Amenities
Two Primary Baths, Two Primary Suties, Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main
Interior Features
Two Primary Baths, Two Primary Suties, Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main
Exterior Features
See Remarks
Taxes
$14,574
Appliances
Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame, Wood Siding
Stories
1
Levels
One
Roof
Metal, Shingle
School District
Austin ISD
Elementary School
Govalle
Middle School
Kealing
High School
Eastside Early College

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Allure Real Estate. Contact: (512) 518-0008

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.