Active

1705 Newning Ave

Austin TX, 78704

$2,750,000


$768.16 per sqft

Active

5 Beds

4 Baths

3,580 sqft

Residential

Built in 2009

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.

9071585

MLS ID

January 30, 2025

Listed

January 31, 2025

Updated

Map

1705 Newning Ave
Austin TX, 78704

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Chandelier, Quartz Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Smart Thermostat, Walk-In Closet(s)


Appliances

Cooktop, Dishwasher, Disposal, Dryer, Cooktop Gas, Gas Range, Microwave, Range, Stainless Steel Appliance(s), Water Heater-Electric, Wine Refrigerator


Floor Description

Carpet, Tile, Wood


Fireplace

Yes


Fireplace Description

Gas, Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Private Entrance, Private Yard


Lot Features

Waterfall, Xeriscape


Roof

Composition


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Travis


Elementary School

Travis Hts

Other Property Details

Area Name

6


Taxes

$41,145


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Detached, Garage, Off Street, Parking Pad, Private


View

Yes


View Description

City, City Lights


County

Travis


Water Source

Public


Pool

Yes


Pool Features

Heated, In Ground, Saltwater

Courtesy of Kuper Sotheby's Int'l Realty

Listing Contact: (512) 787-8617

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Wright Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 10:36 AM UTC, 1/31/2025

 

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