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707 Highland AveAustin, TX 78703

For Sale

$1,399,000

Smart Buyer Rebate $13,990

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*

Listed by Dylan Haines

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License #695589

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Compass RE Texas, LLC

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(512) 633-0864

Last updated January 17, 2026

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Source: ACTRIS #4200393

Listing Facts

  • TypeMulti-family
  • NeighborhoodOld West Austin
  • Days on Prevu23
  • Size3,031 sqft
  • Price per sqft$462

Amenities

  • Private Outdoor Space
  • Swimming Pool

Location

Mortgage Calculator

Listing History

01/07/2026
Listed by Compass RE Texas, LLC
$1,399,000

Property Details for 707 Highland Ave

Association

Amenities

  • Community Features: Park
  • Pets Allowed: No

General

  • Association Name: N/A

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Window Features: Double Pane Windows
  • Year Built: 1930
  • Construction Materials: Frame
  • Exterior Features: Balcony, Exterior Steps

Features

  • Direction Faces: NW

Measurements

  • Lot Features: Corner Lot, Public Maintained Road, Sloped Down
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Dimensions: 6,475
  • Lot Size Square Feet: 4,791

Financial

Taxes

  • Parcel Number: 01080307030000
  • Tax Assessed Value: $950,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Free-Standing Range, Refrigerator
  • Flooring: Concrete, Tile, Wood
  • Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, Kitchen Island

Measurements

  • Living Area: 3,031
  • Living Area Source: Owner

Other

Location

  • Subdivision Name: Terrace Park
  • Tax Block: D
  • Tax Lot: 2

Schools

Elementary School

  • Elementary School: Mathews
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Space Heater
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 707 Highland Ave.

What schools are nearby to 707 Highland Ave?

Nearby schools include the Mathews Elementary School, O Henry Middle School, and Austin High School.

How does 707 Highland Ave compare to other multi-family homes in Old West Austin?

This multi-family home is listed 18% below the average price for multi-family homes in Old West Austin and has been on the market for 74 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is part of the N/A home owners association.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,031 sqft.

707 Highland Ave is a -bedroom multi-family home for sale in Austin TX 78703. On Prevu for 23 days at $1,399,000. This property features 3,031 square feet of living space, located in Old West Austin. The median listing price for multi-family homes in this area is $1,564,500. Nearby schools include Mathews Elementary School, O Henry Middle School, and Austin High School. Additional amenities include private outdoor space and swimming pool. View other multi-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.