1317 Newning Ave, Austin, TX 78704

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.

The 1951 Craftsman at 1317 Newning Ave in Travis Heights stands as a rare multi-unit opportunity on a corner lot just blocks from South Congress and walking distance to Stacy Park. Built seven decades ago when this neighborhood was taking shape, the main home spans 2,002 square feet across six bedrooms and three full bathrooms, anchored by original hardwood floors that tell the story of Austin's post-war residential boom. Wood siding frames the exterior with period charm intact, while the layout flows naturally from living spaces into a primary bedroom positioned on the main floor for convenience.

Inside, character details define the spaces. Ceiling fans circulate air through rooms defined by stone counters and an open floorplan that bridges vintage sensibility with modern living. The kitchen hosts a range hood, dishwasher, and self-cleaning oven alongside a refrigerator plumbed for ice, blending 1951 bones with 2022 updates throughout the property. Three full bathrooms serve the six bedrooms, a configuration that speaks to the home's original design for family living or, in today's market, multi-generational or rental flexibility.

The property reveals its true depth beyond the main house. Two additional structures occupy the 0.269-acre corner lot, creating income-producing potential or complete privacy for separate living arrangements. Together, the three units were thoughtfully updated in 2022, maintaining character while introducing modern systems and finishes that appeal to contemporary buyers and renters alike.

Outside, mature trees over 40 feet tall provide Austin's signature canopy coverage. A covered porch, deck, patio, and rear porch create layers of outdoor living space, each suited to different moods and seasons. The corner lot positioning on a public maintained road offers visibility and flexibility for future vision, whether that's generational housing, rental income, or redevelopment into something new.

Located in the Travis Heights neighborhood of Austin ISD, the home draws from Travis Heights Elementary, Lively Middle, and Travis High School. Minutes separate you from Downtown Austin, Lady Bird Lake, and major employers, while South Congress Avenue's restaurants, coffee shops, and boutiques remain walkable. At $999 per square foot on 2,002 square feet, the property positions itself at the intersection of Austin's past and its future.

Travis Heights is home to Big Stacy Pool, a free, spring-fed swimming hole that most Austinites have never visited because they are too busy fighting for space at Barton Springs. That hidden quality defines the entire neighborhood. Travis Heights has been here since the 1920s, sitting on the bluffs above Lady Bird Lake, and it has managed to stay more residential and quiet than the buzzing corridors on every side. South Congress is one block west. Rainey Street is a short walk across the bridge. And yet the interior streets still feel like the Austin people romanticize.

The neighborhood occupies the high ground east of South Congress and south of Lady Bird Lake, running from the lake to Oltorf Street, with I-35 on the east. The streets climb and wind along bluffs, creating a layered landscape of old trees and homes with views toward downtown. The Congress Avenue Bridge bats are a five-minute walk. Downtown is across the bridge, ten minutes on foot. Perla's and June's All Day anchor South Congress to the west. Elizabeth Street Cafe serves Vietnamese-French pastries. Lenoir offers a farmhouse wine garden. Odd Duck does farm-to-table small plates. Otoko is one of the most exclusive reservations in the city. Emmer and Rye rounds out with inventive tasting menus.

Craftsman bungalows from the 1920s and 1930s make up the largest category, with wide porches and original wood siding. Tudor homes add steep gabled rooflines. Contemporary builds appear on teardown lots. Mid-Century homes fill blocks farther from the lake. A bungalow needing work starts around $700,000, while renovated or new construction with lake views can exceed $2.5 million. Lots are modest - a tenth to a quarter acre - but tree coverage and topographic variation make them feel larger.

Travis Heights Elementary carries a reputation for strong community involvement and a diverse student body. Students feed into Fulmore Middle School and Travis High School. The schools attract families who actively choose an urban public school experience: diverse populations and neighborhood identity. Parent engagement runs high. Private options are plentiful nearby, including Austin Montessori.

Blunn Creek Greenbelt runs through the interior, providing a shaded corridor for walking and nature play. Big Stacy Park has both the spring-fed pool and a neighborhood gathering point. Lady Bird Lake's boardwalk connects the south side to the east side. The Congress Avenue Bridge bats are part of the nightly routine March through October. Weekend mornings might start with coffee on a front porch, a walk to the South Congress farmers market, or a jog along the Butler Trail.

Travis Heights sits between South Congress's commercial energy and the quieter feel of Bouldin Creek. South Congress properties near the avenue carry a premium but sacrifice residential calm. Bouldin Creek offers similar vintage stock on flatter terrain with less lake proximity. East Austin has seen rapid appreciation but lacks the established canopy and topographic character. Travis Heights benefits from being close to everything without being consumed by it.

Travis Heights is for buyers who want the real, historic Austin experience with a ten-minute walk to downtown and South Congress. It fits families who value Craftsman bungalows and front-porch living, couples who want to walk to world-class restaurants, and anyone who believes the best neighborhoods are the ones that have been quietly getting it right for a hundred years.