In hip and vibrant Austin, Texas, a residential property can be a business, lifestyle and cash register.
An intriguing single-family home in the Travis Heights neighborhood has been completely designed as an Airbnb containing four luxury apartments for rental and/or personal space. With the travel sector seriously rebounding from its pandemic snooze, this home could be the ticket to a comfortable income and way of life.
Like the reemerging travel industry, the city of Austin is bustling with all the charms of the Lone Star State and a decided vibe of economic prosperity. It’s home to the Texas State Capitol, a strong and growing tech industry and the University of Texas at Austin.
Austin is also a magnet for business and boasts big league sports, great food and a thriving live music scene that includes the famed international SXSW Music Festival. During last year’s festival, Airbnb says hosts collectively earned nearly $13 million … an example of how big events can translate to extra income for local residents who provide accommodation options for travelers.
The Newning Avenue Airbnb is well-positioned near tourist and business locations, including downtown Austin. South Congress Avenue—one of the city’s coolest shopping strips—is just four blocks away.
The home itself is modern and beautifully decorated. Five bedrooms and four bathrooms are divided into four private and pretty lodgings, including a carriage house studio over the two-car garage.
The rentals occupy a combined 3,500 square feet of living space on a quarter acre of land sitting in a neighborhood of multimillion-dollar homes.
Perfectly appointed and charmingly designed and decorated, each unit is distinctive.
Lodgings include modern primary bedrooms as well as serene, romantic suites. The bathrooms are uber modern with glass tile and walk-in showers.
The kitchens range from large and elaborate to breakfast bars, depending upon the unit.
Divided among the four lodgings are living and dining room access and a library.
The property has all the perks. Energy is supplied by solar panels. Water-smart landscaping makes it easy and economical to maintain the grounds.
A secluded, heated saltwater pool with waterfalls adds a luxurious touch.
Airbnb reviewers describe the highly rated place as “super convenient … yet quiet and peaceful at the same time,” an “absolute gem” and “within walking distance to many restaurants, shopping areas and Austin landmarks.”
Clayton Bullock of Moreland Properties is the listing agent for 1705 Newning Avenue. The listing price is $3.85 million.