
Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin.
The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level.
The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining.
A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor.
*THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*
Property Type
Residential Income
Year Built
1930
Lot Size
0.11 acres
$/Sq Ft
$462
Listed by Compass RE Texas, LLC
Verified property facts
707 Highland Ave is listed at $1,399,000 with 0 bedrooms, 3,031 square feet, 0.11-acre lot.
707 Highland Ave is zoned for Austin ISD with assigned schools: Mathews (10/10) (elementary), O Henry (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
707 Highland Ave is in Clarksville, Austin, Texas. See the full [Clarksville neighborhood guide](/neighborhoods/clarksville-austin) for market data, schools, and lifestyle details.
707 Highland Ave is a Residential Income built in 1930 featuring 0 bedrooms, 3,031 square feet, 0.11-acre lot.
707 Highland Ave is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.0% | — | $950,000 | $783,380 | $166,620 |
2024+2.6% | — | $969,100 | $750,000 | $200,000 |
2023+15.5% | — | $944,553 | $675,000 | $294,100 |
2022+5.6% | — | $818,130 | $675,000 | $269,553 |
2021 | — | $774,627 | $450,000 | $368,130 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($280K)
$1,399,000
Luxury property intelligence
A sourced read on Clarksville pricing, timing, and property scale. No automated valuation claim.
List price
$1,399,000
Price per sqft
$462/sqft
Vs. Clarksville median
-36.4%
$2.2M median
Days on market
160 days
Original to current
No verified reduction
$1.4M original
Active inventory context
0 listings
Price Position in Clarksville
Listed 36% below the Clarksville median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 16, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Clarksville
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
707 Highland Ave is priced at $462 per square foot across 3,031 sqft. The Clarksville median list price is $2,200,000.
With 20% down ($279,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 707 Highland Ave is around $9,824 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,399,000, 707 Highland Ave is in the Clarksville market where there are currently 64 active listings in 78703. The Keenan Group has completed 22 transactions in 78703 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Clarksville guide](/neighborhoods/clarksville-austin).
707 Highland Ave was built in 1930 (96 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Clarksville is one of Austin's established neighborhoods, zoned for Austin ISD in the 78703 area. The Keenan Group has specialized in Clarksville real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.0% | — | $950,000 | $783,380 | $166,620 |
2024+2.6% | — | $969,100 | $750,000 | $200,000 |
2023+15.5% | — | $944,553 | $675,000 | $294,100 |
2022+5.6% | — | $818,130 | $675,000 | $269,553 |
2021 | — | $774,627 | $450,000 | $368,130 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
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.
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