#2073992, Matt Holm, Listing Office: Compass RE Texas, LLC
1705 Newning Ave Austin, TX 78704
$2,750,000 List price
5 beds
4 full
3,580 sqft
0.3 acres
$768 / sqft
House
Property details
About 1705 Newning Ave
Welcome to 1705 Newning Avenue, an unparalleled investment opportunity nestled in the heart of Austin's highly coveted Travis Heights neighborhood. Just four blocks from the vibrant South Congress Avenue, this award winning property features four bespoke vacation rentals on a lush, .25-acre lot adorned with stunning heritage oak trees. Recently featured on Modern Architecture + Design Society home tour and selected by internationally known AFAR media as one of the top vacation properties in the world. Renowned as one of Austin's highest-ranked and most-searched Airbnb destinations, this property generated nearly $300,000 in revenue across all listings in 2024. With over 3,400 + glowing 5-star reviews, it’s a proven, fully furnished, and turn-key income generator. Previous years' income reports are available upon request. The property encompasses over 3,500 square feet across all units, each meticulously designed with high-end finishes, curated art, vintage and antique details throughout, and contemporary furnishing. Guests are welcomed into a serene oasis with access to a heated salt water pool surrounded by lush greenery, creating an unforgettable Austin experience. Sustainability meets luxury with fully owned solar panels, enhancing both environmental efficiency and cost savings. The property’s proximity to South Congress's iconic restaurants, boutiques, and entertainment makes it an unbeatable destination for visitors year-round. Whether you're an investor seeking a premier vacation rental portfolio or a homeowner dreaming of a luxurious boutique hotel compound. 1705 Newning Avenue offers an exceptional opportunity to own a piece of Austin's thriving hospitality market.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,580 sqft
Lot size0.2541 Acres
Year built2009
ParkingDetached, Garage, Off Street, Parking Pad, Private
MLS #9071585
Garage2 spaces
FireplaceGas, Living Room
ViewCity Lights, City
Private poolYes
Summary
- MLS Number: 9071585
- MLS Name: ACTRIS
- Office Name: Kuper Sotheby's Int'l Realty
- Office Phone: (512) 787-8617
- Listing Agent: Soud Twal
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/3/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,750,000
1705 Newning Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,374,079 | $32,216 |
| 2023 | $2,017,065 | $32,216 |
| 2022 | $2,302,863 | $32,216 |
| 2021 | $1,595,758 | $29,402 |
| 2019 | $1,373,069 | $30,348 |
| 2018 | $1,263,238 | $24,735 |
| 2017 | $1,117,241 | $22,532 |
History based on county public records data.
Nearby schools
7
Travis Heights Elementary School
Public Charter EE-5
0.3 mi
•2010 Alameda Dr
8
Becker Elementary School
Public District PK-5
0.9 mi
•906 W Milton St
5
Sanchez Elementary School
Public District PK-5
1.1 mi
•73 San Marcos St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $135,833. Typical income of Austin, TX residents is between $100k-200k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
7%
<35k
23%
35k-100k
46%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
27%
18-34 yrs old
49%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
BMW
Mercedes
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1705 Newning Ave
This home is located at 1705 Newning Ave in Austin, TX and zip code 78704 in the Travis Heights / South River City neighborhood. This 3,580 square foot home, which was built in 2009, sits on a 0.25 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $2,750,000.
In January 2025, from all listings sold in Austin, TX there were more than 35 sold above asking price, over 358 sold below and more than 82 were sold right at the asked price. Between December and January 2025, Austin, TX real estate market has seen increase in the number of listings by 10.6%. In January 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $573,763.
From Rocket Homes Real Estate and based on county public records data.