1303 Newfield LN, Austin TX 78703,Austin,Travis,Residential Income

Description

Located just two miles from the heart of Downtown Austin and moments from Zilker Park and the Ann & Roy Butler Hike & Bike Trail, 1303 Newfield Lane offers an unbeatable blend of location, income potential, and versatility. This spacious duplex in the sought-after Clarksville neighborhood includes two fully independent units: Unit A with 5 bedrooms and 5 bathrooms, and Unit B with 3 bedrooms and 3.5 bathrooms—each with its own kitchen, dining and living areas, laundry room, and private entrances. Every bedroom features a private ensuite bath, and no bedrooms share a wall, providing rare privacy for residents or guests.

Each bedroom is thoughtfully outfitted with a TV, workstation, and private bath—and 6 of the 8 rooms include their own sofa. Bedroom sizes range from a generous 550 to 900 square feet, offering flexibility for both short- and long-term stays. Smart tech features include Roku TVs, Sifely smart locks, and Eufy security cameras, providing convenience and peace of mind for both residents and operators.

Originally designed as a bed and breakfast, the home has been upgraded with 2022 renovations including new HVAC systems, luxury vinyl plank flooring, a brand-new kitchen in Unit B, and new appliances. The solid construction includes one-foot-thick concrete walls and a sound barrier wall between the home and the adjacent highway, offering tranquility inside despite the central location.

The property is currently operating as a successful mid-term rental with high occupancy, serving traveling healthcare professionals, graduate students, digital nomads, and tech interns. There is also an opportunity to apply for a short-term rental license with the city. The property is offered fully furnished, making it income-ready from day one. Bonus opportunity: a ~1,500 square foot attic offers expansion potential—demo a hallway closet, add a spiral staircase, and finish out the loft to increase livable square footage by approximately 27%.