Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.
Property Type(s):
Single Family
|
Last Updated
|
4/21/2026
|
Tract
|
Michaels Fairview Park 02
|
|
Year Built
|
1951
|
Community
|
Michaels Fairview Park 02
|
|
County
|
Travis
|
SCHOOLS
| Elementary School |
Travis Hts |
| Jr. High School |
Lively |
| High School |
Travis |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Washer, Water Heater |
| AREA |
6 |
| CONSTRUCTION |
Wood Siding |
| EXTERIOR |
Private Yard |
| FIREPLACE |
Yes |
| HEAT |
Central, Exhaust Fan |
| INTERIOR |
Ceiling Fan(s), Master Downstairs, Open Floorplan, Stone Counters |
| LOT |
0.269 acre(s) |
| LOT DESCRIPTION |
City Lot, Corner Lot |
| PARKING |
Gravel |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
1st Floor Entry |
| SUBDIVISION |
Michaels Fairview Park 02 |
| TAXES |
21928.91 |
| UTILITIES |
Electricity Connected, Other, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
Location
Property listed by Lalo Herrera, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 6/17/26 1:38 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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