5114 Caswell Ave, Austin, TX 78751

Truly exceptional live-work-create property in the heart of Austin, Texas. A seamless blend of a mid-century ranch-style home, a world-class recording studio, and private studio apartment. All this is achieved under a single standing seam metal roof -- complete with private entrances & facilities. Absolutely a must-see, with over 3300 sqft of craftsmanship and good vibes from the inside out. From your paved off-street parking pad, step through flowering, aromatic Mexican plum trees to access this true unicorn of a property. The gated front yard with multiple gathering spaces set under canopies of majestic Magnolia trees welcome you to this 2 bed, 1 bath pier & beam home constructed in 1955. Gleaming hardwood floors set the stage in the wide, open living area. Playful checkered tile floors and custom tiled bar top pair well with modern gas appliances in this expanded kitchen with ample counter space. Original baby blue vintage tile bath, extra large storage closet and two comfortably sized bedrooms complete this charming main house. Just through the kitchen, discover a well-appointed recording studio that has seen countless artists from Austin & around the world. Repeatedly voted among the Top 3 Best Recording Studios in Austin Chronicle's Music Awards year after year. Not musically inclined? Simply reimagine these inspiring spaces as an art studio/gallery, meditation room, cocktail lounge, media, or reading room. Beyond the next keyed door, access the private 2nd-floor studio apartment. Soaring ceilings and natural light make this 500 sqft. space feel so inviting - complete with kitchenette, washer & dryer connects, plenty of storage, and full black-and-white tile bathroom. Centrally located in eclectic & historic North Loop: by foot or car, quick access to everything from local dives, classic University faves, top Austin restaurants, Downtown, Mueller, I-35. Bike to UT <15 min *See Notable Features, Walkable Bars & Eateries & 3D tour.

At 3,296 square feet offered at $375 per square foot, 5114 Caswell Ave stands out as a large, flexible residential holding in Highlands with a use profile that is hard to replicate in Central Austin. Set on 0.1542 acres in Austin 78751, this single family residence sits in Austin ISD with a McCallum High School path and adds real location stability for buyers who track both neighborhood identity and school alignment.

Built in 1955, the property combines the scale of a primary residence with separate creative and secondary living spaces under one standing seam metal roof. The main house carries the original mid-century ranch structure and pier and beam construction, with hardwood floors in the primary living area, an expanded kitchen, modern gas appliances, and preserved period details including vintage tile. That original framework matters. In this price range, buyers are often sorting through either heavily altered older homes or newer construction without architectural character. Here, the 1955 structure remains part of the value equation rather than something erased.

What changes the profile of this offering is the live-work arrangement. The property includes a professionally regarded recording studio with private access and dedicated facilities, plus a separate second-floor studio apartment with its own kitchenette, storage, and full bath. Even for a buyer with no interest in music production, that kind of separation has practical value. It can support guest occupancy, workspace, private creative use, or a more segmented household setup without forcing a commercial conversion or detached new build. In a market where functional flexibility is increasingly scarce, that distinction carries weight.

The outdoor approach also adds utility instead of filler. Off-street paved parking, a gated front yard, and multiple gathering areas create usable outdoor space within a compact urban lot. The landscaping details noted in the property description, including Mexican plum and Magnolia trees, suggest mature planting rather than a recently assembled streetscape. On a 0.1542 acre parcel, that kind of established exterior setting helps the house feel more complete without overstating the lot size.

With only 3 days on market, this is the kind of property that will draw attention from buyers looking beyond a standard 3 bedroom, 2 bath, 1 half bath layout. At $1.24M in Highlands, 5114 Caswell Ave offers size, location, and a genuine mixed-use residential setup that should remain relevant because it solves more than one ownership need at once.