707 Highland Ave, Austin TX 78703

Austin, TX 78703 | Terrace Park

$1,399,000 $462/sqft
0 Beds
Baths
3,031 Sq Ft
0.11 Acres
1930 Built

About This Property

Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin.

The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level.

The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining.

A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor.

*THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Kitchen Island

Location

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Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential Income
Flooring Concrete, Tile, Wood
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Heating Space Heater
Exterior Balcony, Exterior Steps
County Travis
MLS # 4200393

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* Estimate only. Does not include HOA fees, PMI, or other costs.

Listing History

MLS# 4200393 - Updated Feb 28, 2026 10 days
Jan 7, 2026 Listed Listing Courtesy of Compass RE Texas, LLC - dylan.haines@​compass.com $1,399,000

Frequently Asked Questions About 707 Highland Ave, Austin TX 78703

When was 707 Highland Ave, Austin TX 78703 built?

707 Highland Ave, Austin TX 78703 was built in 1930.

How much does 707 Highland Ave, Austin TX 78703 cost?

707 Highland Ave, Austin TX 78703 is listed for sale at $1,399,000. That is $462 per square foot.

What school district is 707 Highland Ave, Austin TX 78703 in?

707 Highland Ave, Austin TX 78703 is in the Austin ISD school district. Assigned schools include Mathews (elementary), O Henry (middle), Austin (high school).

How big is the lot at 707 Highland Ave, Austin TX 78703?

The lot at 707 Highland Ave, Austin TX 78703 is 0.11 acres, and the home has 3,031 square feet of living space.

What type of property is 707 Highland Ave, Austin TX 78703?

707 Highland Ave, Austin TX 78703 is a residential income property.

What subdivision is 707 Highland Ave, Austin TX 78703 in?

707 Highland Ave, Austin TX 78703 is located in the Terrace Park subdivision in Austin, TX.

How long was 707 Highland Ave, Austin TX 78703 on the market?

707 Highland Ave, Austin TX 78703 was on the market for 10 days, listed on January 7, 2026.

What heating and cooling does 707 Highland Ave, Austin TX 78703 have?

707 Highland Ave, Austin TX 78703 has space heater heating and ceiling fan(s), wall/window unit(s) cooling.

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