Property Overview

This Mission Ridge bungalow in Travis Heights represents an exceptional value proposition—listed 30% below area median pricing and positioned just blocks from South Congress Avenue and Lady Bird Lake. The main residence, built in 1950, anchors the 7,187-square-foot lot with authentic mid-century character and abundant natural light across its three bedrooms and two bathrooms. Behind the primary home sits a detached guest cottage with its own bedroom and bath, currently available on a month-to-month lease arrangement that creates immediate income potential or flexible use options.

Travis Heights' walkability defines the lifestyle here. South Congress Avenue's eclectic mix of restaurants, shops, and galleries lies within easy reach, while Lady Bird Lake's trail system invites daily outdoor recreation and the neighborhood's established parks offer community gathering spaces. The property's footprint and structure present multiple possibilities: maintain the rental income stream from the cottage, adapt the secondary building into a creative studio or home office, or collaborate with an architect to reimagine the site entirely. For buyers seeking authentic Austin character combined with neighborhood connectivity and financial flexibility, this configuration delivers rare optionality.

At 1112 Mission Ridge in Austin, TX, the combination of location, dual-structure versatility, and below-market pricing creates an opportunity increasingly difficult to find in this sought-after neighborhood.

Agent Description

Situated just blocks from South Congress, Lady Bird Lake, and beloved neighborhood parks, this charming bungalow offers something increasingly rare: location, flexibility, and future potential; all under $800K. The main residence is a charming mid-century 2-bedroom, 1-bath home filled with natural light and character. Behind it, a detached 1-bedroom, 1-bath guest cottage offers incredible versatility, ideal for rental income, a creative studio, home office, or private guest quarters. (Month-to-month lease.) Whether you envision living in the main house while generating income, creating an art or music studio, or collaborating with your architect to design something entirely new, this property gives you options, and in Travis Heights, options are everything. Walk to South Congress. Bike to Lady Bird Lake. Spend afternoons in the parks. Grab coffee around the corner. This is the kind of neighborhood people wait years to get into. New price. New opportunity. Prime Travis Heights.

Neighborhood: Travis Heights

This property is located in Travis Heights, Austin, TX. The area is known for South Congress Avenue, Downtown Skyline Views, Historic Bungalows, Walkable Community, Lady Bird Lake.

At $562/sqft, this listing is priced 30% below the Travis Heights median of $807/sqft.

Property Details

Listing data last updated: March 25, 2026

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