Austin, TX 78702
Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austin’s booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dan’s Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom "Blue House" radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed "Green House," a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.
| MLS ID | 1765850 | |
| Status | Active | |
| Days Active | 3 | |
| Est. Tax | 14574.72 | |
| Lot Size | 0.7184 | |
| Year Built | 1937 | |
| Total Bedrooms | 6 | |
| 1st Floor Bedrooms | 6 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Square Feet | 2774 | |
| Price Per SqFt | $351.48 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | None | |
| Flooring | Tile, Wood | |
| Stories | One | |
| Pool | No | |
| Courtesy of | Allure Real Estate (512) 518-0008 | |
| Subdivision | Shady Lane Add | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | Metal, ShingleMetal, Shingle | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Partial, Wood | |
| Elementary School | Govalle | |
| Elementary District | Austin ISD | |
| Middle School | Kealing | |
| Middle District | Austin ISD | |
| High School | Eastside Early College | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Gas Water HeaterDishwasher, Free-Standing Gas Range, Stainless Steel Appliance(s), Gas Water Heater | |
| Heating | Central | |
| Cooling | Central Air, Wall/Window Unit(s) | |
| Exterior Features | See Remarks | |
| Lot Features | Level, Trees-Large (Over 40 Ft), Many Trees | |
| Community Features | Sidewalks | |
| Patio Features | Front Porch, Porch, Rear Porch | |
| Structures | Shed(s), Workshop | |
| Interior Features | 2 Primary Baths, 2 Primary Suites, Bookcases, Built-in Features, Ceiling Fan(s), Tile Counters, Eat-in Kitchen, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main | |
| Fencing Features | Partial, Wood | |
| Parking Features | Driveway, Outside | |
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