$1,595,000

Property Overview

This rare South Austin compound on Miles Avenue in the Manchaca Estates neighborhood presents an exceptional multi-unit opportunity spanning nearly three-quarters of an acre. The property centers on a 1917 Craftsman-style main residence featuring three bedrooms, three bathrooms, and 2,554 square feet of living space that masterfully preserves original character through natural woodwork and built-ins while incorporating modern updates. The first floor hosts two bedrooms and two baths alongside a thoughtfully appointed kitchen equipped with Wolf and Sub-Zero appliances, flowing onto a generous Ipe deck. Upstairs, a third bedroom with private deck functions equally well as a separate studio with independent entry. Behind the main home sit two additional rental units constructed in 2011: a 1,191-square-foot downstairs apartment and a 1,387-square-foot upstairs apartment, each offering complete privacy and flexibility. The lush landscaped grounds feature mature trees, an enclosed garden, and ample parking across six spaces, making this South Austin property ideal for multi-generational living, investment income, or expanded home use.

Vox Real Estate Insight

At $311 per square foot, this compound sits eight percent below the South Manchaca area median, offering genuine value for a property with this level of flexibility and income potential in an increasingly desirable corridor. The Vox Real Estate team recognizes that true South Austin acreage with established tenant income and separation between living spaces remains exceptionally rare in this market.

Agent Description

Rare South Austin compound on ~0.70 acres near Garrison Park offering three distinct living spaces and exceptional flexibility. The main 1917 Craftsman-style home features 3 bedrooms, 3 bathrooms, and 2,554 square feet, blending original character with thoughtful updates. The first level includes two bedrooms and two baths, wood floors, built-ins, and a well-appointed kitchen with Wolf and Sub-Zero appliances. A light-filled bonus room opens to a spacious Ipe deck. Upstairs, a third bedroom and full bath with private deck can also function as a separate studio with its own entrance. At the rear of the property, two additional units built in 2011 include a 1,191 SF downstairs apartment and a 1,387 SF upstairs apartment, each offering privacy and versatility. An expansive enclosed garden and lush surroundings complete the setting. Ideal for owner-occupants, multi-generational living, or income-producing use. PREVIOUSLY LEASED for $10,000/mo

Neighborhood: South Manchaca

This property is located in South Manchaca, Austin, TX. The area is known for Great Value, Generous Lots, Ranch-Style Homes, South Austin Location, Growing Amenities.

At $311/sqft, this listing is priced near the South Manchaca median of $325/sqft.

Property Details

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