1509 Elton Ln, Austin, TX 78703

**Multiple Offers Received.** Introducing 1509 Elton Lane, a multiple dwelling property with a close-in Tarrytown location. This fabulous live/work or live/work/rent opportunity comes together with three structures. The nearly 1/3 of an acre  lot offers a unique set-up today. The property consists of a main house + detached garage with studio space & a detached duplex. Substantial improvements were completed to the main house in late 2012. The two story home now offers 2,475 sqft. Presently laid out as a well functioning 2bedroom/2bathroom home; easy to modify the oversized primary suite upstairs to two (2) secondary bedrooms, if desired. The home has a generously-sized living area & dining area. Large walls, gas fireplace, crown molding, recessed lighting. The kitchen is open, complete with built-in KitchenAid appliances, gas cooktop + a great walk-in pantry. Wine storage + additional storage under the staircase. Presently, the entire second floor is the primary bedroom suite + sitting area, two (2) walk-in closets, full bathroom & additional storage. Casement windows, wood shutters. There is a welcoming front porch + oversized side & rear deck. The detached garage structure was *constructed in 2015; offers a 1-car garage + two (2) storage rooms on the main floor. Upstairs, an open studio space + office alcove & a half bathroom, adds another 557 of livable square feet. The duplex has stood on site since approx. 1938; functional one-bedroom units, approx. 752 sqft. each; both units have been updated: new kitchens, bathrooms, walk-in closets, storage closet, etc. The possibilities easily let your imagination run to envision and position future modifications, enhancements, a future swimming pool, perhaps a one-level casita. It's a very flexible property today and in the future. The main house & studio are comfortable for immediate living while the expansive 13,880 square foot Tarrytown lot is poised for personal, long-term desires.

Tarrytown is a historic Central Austin neighborhood in 78703, five minutes from downtown and bordered by Lake Austin to the west. Median home price $1.95M. Austin ISD schools - Casis Elementary, O. Henry Middle, Austin High - and walkability to Deep Eddy Pool, Lady Bird Lake, and Mayfield Park.

The housing stock spans nine decades. Original 1930s-60s colonials, Tudors, and ranch homes sit alongside new construction and gut renovations on lots ranging from 0.15 to 0.3 acres. Lakefront properties on Scenic Drive and streets near Lake Austin command $4M-$15M+. The neighborhood's character has been protected by an engaged neighborhood association and the McMansion Ordinance, which limits building scale.

Daily life here runs on the water and the schools. Morning laps at Deep Eddy Pool (68-degree spring-fed water year-round), school drop-off at Casis, coffee at Tarrytown Pharmacy or Summer Moon, dinner at Jeffrey's or Josephine House without leaving the neighborhood. The Contemporary at Laguna Gloria and Lions Municipal Golf Course are a walk or short bike ride away.

What makes Tarrytown distinct from other luxury Austin neighborhoods: genuine walkability, a 90-year-old neighborhood identity, and Central Austin access that Westlake and Barton Creek cannot match. The tradeoff is Austin ISD instead of Eanes, and smaller lots than you'd find west of MoPac.