1317 Newning Ave, Austin, TX 78704
Michaels Fairview Park 02 · Travis County
Key Facts
Description
Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
1st Floor Entry
Year Built
1951
Living Area
2,002 sq ft
Lot Size
0.27 acres
Parking Spaces
3
Ownership
Fee-Simple
Days on Market
56
MLS® Listing#
7440361
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Community
Utilities
Sewer
Water Source
Rooms
- Main
- Main
- KitchenMain
Schools
- Elementary:
- Travis Hts
- Middle:
- Lively
- High:
- Travis
Financial Details
HOA
None
Annual Taxes
$21,929
Tax year 2025
Assessed Value
$1,071,540
Parcel Number
03010209060000
Directions
From Downtown Austin; South on Congress, Left at Academy, Right at Newning, Home is on the Left at the corner of Pecan Grove and Newning.
Affordability Calculator
$399,900
Estimated monthly payment
$10,642/mo
Principal $1,599,600 · Est. interest $2,231,584 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Austin, TX
- $550,927
- Median Listing Price
- 75
- Median Days on Market
- 1,740
- Median Sq Ft
- $327
- Median Price / Sq Ft
- 5,353
- Active Listings
- This home’s price is 263% above the area median.
- Its price per sq ft is 205% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Austin, TX.
Location
Points of Interest in Austin, TX
Showing the Austin area map.
Nearby Schools
Academia Preescolar
School · 0.3 mi away
Waterloo School Austin
Secondary · 0.3 mi away
TSD Middle School
School · 0.4 mi away
Statewide Outreach Center at Texas School for the Deaf
School · 0.4 mi away
Fulmore Middle School
Secondary · 0.5 mi away
Travis Heights Elementary School
Elementary · 0.6 mi away
Cuauhtli Academy
School · 0.7 mi away
Acton Academy
School · 0.7 mi away
Sanchez Elementary School
Elementary · 0.8 mi away
Texas Association of Secondary School Principals
Secondary · 0.8 mi away
Martin Middle School
Secondary · 0.9 mi away
St Ignatius Martyr School
School · 0.9 mi away
Aces School
School · 0.9 mi away
Becker Elementary School
Elementary · 0.9 mi away
Huntington-Surrey School
School · 1.0 mi away
Alpha High School
Secondary · 1.1 mi away
Travis County Juvenile Detention Center
Secondary · 1.1 mi away
Leadership Academy
School · 1.1 mi away
Travis Early College High School
Secondary School · 1.1 mi away
American Youthworks Charter School
School · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9008 Harper Rae DR, Austin, TX | $1,399,900 | 6 | 5 | 5,028 |
| 13201 Mansfield DR, Austin, TX | $1,399,900 | 4 | 5 | 3,722 |
| 2307 Alta Vista Ave, Austin, TX | $1,399,995 | 4 | 4 | 2,742 |
| 312 Bisset CT, Austin, TX | $1,399,999 | 4 | 5 | 5,003 |
| 6004 Mount Bonnell RD, Austin, TX | $1,400,000 | 3 | 3 | 2,934 |
| 3910 McNeil DR, Austin, TX | $1,400,000 | 4 | 3 | 2,889 |
Moving Cost Estimate
EXIT Agents in Austin
Listing Courtesy: Keller Williams Realty - (512) 698-1588
Last Updated: 2026-04-10