1303 Newfield Ln, Austin, TX 78703

Opportunity to own an 8-plex style property using a residential loan! A rare property in the heart of Clarksville, this unique duplex, with 8 “Clarksville Suites,” offers scale, flexibility, and income potential in one of Central Austin’s most desirable neighborhoods. Located just minutes from Downtown, Zilker Park, and the Ann & Roy Butler Hike and Bike Trail, the property combines a premier location with a thoughtfully designed layout suited for a variety of uses.

The property features eight spacious suites across two units, each with its own private ensuite bathroom, creating an ideal setup for extended stays and mid-term rental use. Originally designed as a bed and breakfast, the floor plan was intentionally configured so that no bedrooms share a wall, offering a rare level of privacy and comfort for occupants.

Currently operating as a successful mid-term rental and boutique extended-stay property, Clarksville Suites offers an established use case for income-producing potential. With approximately 4,392 square feet of living space, recent interior and system updates, and a flexible duplex configuration, the property lends itself to a range of potential uses including boutique-style lodging, mid-term or short-term rental operations, or other residential income strategies (subject to buyer verification and local regulations).

Buyer to independently verify all information including square footage, zoning, and permitted uses. Reach out to LA for Clarksville Suites Offering Memorandum.

At 1303 Newfield Lane in Enfield South, this 4,392-square-foot duplex represents a rare income-producing asset in Central Austin's most coveted location. Positioned at the intersection of residential comfort and commercial viability, the property sits just minutes from Downtown Austin, Zilker Park, and the Ann & Roy Butler Hike and Bike Trail - placing it within the orbit of Austin's most desirable urban core while maintaining neighborhood character.

Originally designed as a bed and breakfast, this thoughtfully configured property contains eight separate suites, each with its own primary bathroom and private entrance. The layout was engineered so that no bedrooms share a wall, a deliberate design choice that maximizes privacy and occupant comfort. This architectural approach has proven successful in the mid-term rental market, where the property currently operates as an established extended-stay property with demonstrated income history.

The duplex configuration provides operational flexibility that appeals to multiple buyer profiles. Whether operated as boutique-style lodging, mid-term rental inventory, or converted back to traditional residential use, the property's 0.1851-acre corner lot on Newfield Lane gives the owner strategic control over the property's use case. Located in the Austin Independent School District with nearby access to Mathews Elementary, O Henry Middle, and Austin High School, the Clarksville neighborhood maintains strong residential character even as it attracts entrepreneurial real estate investors.

Recent interior and system updates keep the property competitive in Austin's rental market. Granite counters, stainless steel appliances, and an open floor plan across the two units support both guest satisfaction and operational efficiency. The covered patios and private yard spaces provide outdoor amenities that justify premium mid-term rental rates. At $387 per square foot and priced at $1.70M, this income-producing duplex enters a market where Austin ISD properties in Central Austin rarely remain available.

The property's proximity to major employers and cultural anchors - Zilker Park's 350 acres, Lady Bird Lake access, and the vibrant Clarksville commercial district - positions it for sustained demand in the extended-stay segment. For buyers seeking income generation in Austin's tightest inventory zones, this property offers scale, operational history, and location that typically commands premium market pricing. Verification of current zoning, rental regulations, and permitted uses remains essential prior to purchase.

Clarksville is Austin's most walkable luxury neighborhood — a historic freedman's town founded in 1871, now in 78703, five minutes on foot from downtown. Median home price $2.2M. Austin ISD schools (Casis Elementary, O. Henry Middle, Austin High). One of the only Austin neighborhoods where you can walk to fine dining, trails, and downtown without getting in a car.

The housing stock reflects 150 years of history. Original shotgun cottages and bungalows from the early 1900s sit alongside contemporary new builds and sensitive renovations on lots ranging from 0.1 to 0.25 acres. The neighborhood's historic designation (National Register) means you'll see period architecture preserved next to modern infill. Teardown lots trade at $800K-$1.5M for land alone.

West Lynn Street is the commercial spine — Medici coffee, Cipollina wood-fired pizza, Jeffrey's fine dining, Josephine House, and Bar Peached are all within a few blocks. Pease Park and Shoal Creek Trail border the east side. The Whole Foods flagship at 6th and Lamar is a 10-minute walk.

What makes Clarksville distinct: the combination of walkable daily life, historic character, and proximity to downtown that no other Austin neighborhood matches. The tradeoff is small lots, limited parking, and premium pricing for the location. Buyers here are paying for a lifestyle that doesn't require a car.