Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austins booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dans Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom Blue House radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed Green House, a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.
Listed By
Agency Name: Allure Real Estate
Agency Phone: (512) 518-0008
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 3,668.80 per month $2,169.93 Principal & Interest $1,214.50 Property Tax $284.38 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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920 Shady Ln | MLS# 1765850
This single family home located at 920 Shady Ln, Austin, TX 78702 is currently listed for sale with an asking price of $975,000. This property was built in 1937 and has 6 bedrooms and 3 full baths with 2774 sq. ft. Shady Ln is located in the Shady Lane subdivision within the Austin ISD school district. Search Shady Lane real estate on www.rmcapitalcity.com today.