1301 Minnie Dr, Austin, TX 78732

Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities. The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true “rent and live” scenario—live comfortably in the main home while generating income next door, or “rent both” for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system. Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.

Steiner Ranch is a 4,600-acre master-planned community in 78732, built along the bluffs above Lake Austin and Lake Travis. Median home price $800K. Leander ISD schools (Laura Bush Elementary, Canyon Ridge Middle, Vandegrift High), three resort-style community pools, 20+ miles of trails, and private Lake Austin access via the Lake Club.

Around 6,500 homes across multiple sections, built from the late 1990s through today. Housing ranges from $500K townhomes to $2M+ estates backing to the UT Golf Club (Roy Bechtol championship course, 7,412 yards). The community is fully built out in most sections, with limited new construction remaining.

Daily life revolves around being outside. Trail runners hit J Canyon and Powerline Hill loops before work. The Lake Club gives residents private boat launch access with eleven day-use docks on Lake Austin. Lake Travis is five minutes from the community entrance. Steiner Ranch Steakhouse — panoramic lake views, live music seven nights a week — is the social center.

What makes Steiner Ranch the value play for lake-adjacent living: resort-level amenities at a fraction of Lake Austin waterfront pricing, strong schools, and a community infrastructure (pools, trails, golf, lake access) that most master-planned developments can't match. The tradeoff is the 620 commute — 25-35 minutes to downtown depending on traffic.