2701 & 2703 De Soto Dr, Austin, TX 78733

Three living spaces, two oversized garage and workshop spaces, and deeded Lake Austin access come together on approximately 0.63 acres to create a highly versatile property. Spanning approximately 3,182 square feet across three structures, this offering supports primary living, rental income, and workspace within one setting.

The property includes a three bedroom, two bathroom main house, two separate guest apartments, and substantial garage and workshop space. The main residence is a restored 1940s bungalow relocated from Driftwood, featuring pine floors, classic trim, a fireplace, and a covered back patio.

Guest Apartment 1 is located above a detached three car garage and offers approximately 864 square feet with a bedroom, bathroom, living area, kitchenette, and independent access, ideal for rental income, guests, or office use. Below, a three bay garage and workshop provides flexible space for storage, projects, or business use.

Guest Apartment 2 is located within a cedar wrapped structure and offers approximately 728 square feet with a bedroom, bathroom, living area, and kitchenette. Below, an expansive workshop with 12 foot ceilings, large front and rear doors, and full insulation accommodates car lifts, boats, equipment, or storage.

The property offers five garage bays with potential for seven. Deeded Lake Austin access includes use of one of the only private boat launches on the south side of Lake Austin west of the 360 bridge. The lot borders a creek and is surrounded by green space while remaining close to Westlake, Bee Cave, and central Austin.

A 1940 bungalow on 0.6313 acres with three distinct living areas and deeded Lake Austin access is the kind of setup that rarely comes to market in West Austin, and 2703 De Soto Dr puts that opportunity in one of the most established pockets of Austin Lake Estates. At 2703 De Soto Dr, you are buying more than a 5-bedroom, 4-bath single-family residence with 2,976 square feet at $1.94 million, or $652 per square foot. You are buying flexibility that is hard to recreate in Austin today.

The main house carries real 1940 character without feeling frozen in time. Original details, a front porch, pine floors, classic trim, and a fireplace give the core residence warmth, while later updates make it function for current-day living. Beyond that, the property opens up in ways most buyers do not find at this price point in Eanes ISD. There is a separate garage apartment with its own entrance and kitchenette, plus a cedar-wrapped barndominium structure with another studio suite above and oversized garage space below. For multigenerational living, long-term guests, a home office, creative work, or storage for cars and lake gear, that mix of spaces matters.

The location is a big part of the value. Austin Lake Estates sits in the 78733 section of Travis County, close to Lake Austin, Bee Cave Road, and Loop 360, with a quieter residential feel than many central Austin neighborhoods. You have direct access to the Westlake corridor without giving up land, privacy, or utility. That balance is why this section of Austin continues to draw buyers who want elbow room near the city rather than another compressed infill lot.

For schools, this address feeds to Valley View Elementary, West Ridge Middle School, and Westlake High School in Eanes ISD, one of the most closely watched districts in the Austin market. That school path adds long-term relevance for both owner-occupants and buyers thinking ahead about resale.

With 30 days on market, a 4-car garage, and a lot large enough to support real day-to-day function, this residential single-family property stands out because it solves for space, flexibility, and location at the same time. For a buyer who wants Lake Austin area living with room to adapt over time, this is the kind of asset that can keep getting more useful as Austin keeps growing.