Austin · Lakeland Park
$1,449,999 91 days on market
Reduced from $1,499,999
· −3.3%
1301 Minnie Dr, Austin, TX 78732
- 5bedrooms
- 4.5bathrooms
- 3,007sqft
- 0.29acres
- 2026year built
About this home
Unique Lake Austin Opportunity with 3 Income-Producing Possibilities! MULTIPLE HOUSES offer a rare combination of lifestyle, flexibility, and built-in income potential. Just two blocks from Lake Austin with access to a free public boat ramp, this one-of-a-kind property blends luxury living, thoughtful design, and multiple income opportunities.
The main 3-bed, 2.5-bath residence offers soaring 10-foot ceilings, English Oak wood flooring, detailed modern trim, and a stunning solid mahogany front door. The kitchen features a professional Bertazzoni oven, KitchenAid Gallery refrigerator, top-quality Asko dishwasher, built-in wine/drink fridge, all complemented by sleek concrete-look quartz countertops. A fully separate 2-bed, 2-bath apartment opens the door to a true “rent and live” scenario—live comfortably in the main home while generating income next door, or “rent both” for maximum cash flow potential. Ideal setup for multi-generational living, offering two distinct households the ability to live close while maintaining privacy and independence. Three oversized boat storage bays (10’x12’ and 31’ deep) add yet another layer of opportunity. Option to convert an additional 1,238 SQFT into live/work-space or just use for additional rental income, workshops, or secure storage for all your lake gear. The outdoor space is just as impressive and flexible. A beautiful tigerwood deck, rust-textured railing, ceiling fans for the multiple patios, decks, sitting areas, and oversized Pella windows create a seamless connection to the surrounding trees, nature and views. Designed for comfort and peace of mind, it has features like a fire suppression system, oversized smart and tank water heaters, and an oversized septic system.
Located in a high appreciating area with NO HOA. If you’re looking to offset your mortgage, build income streams, or create a long-term family compound near Lake Austin, this property gives you options. Opportunities like this don’t come around often.
Property
- Type
- Single Family Residence
- Levels
- Two
- Year built
- 2026
- Lot size
- 0.29 acres
- Subdivision
- Lakeland Park
- MLS #
- ACT1478351
Inside
- Bedrooms
- 5
- Bathrooms
- 4.5
- Living area
- 3,007 sqft
Outside / parking
- Garage spaces
- 5
Schools
- Elementary
- River Ridge
- High school
- Vandegrift
- District
- Leander ISD
Costs
- Est. annual taxes
- $10,000 (2025)
Listing
- First listed
- Jul 24, 2026
- Days listed
- 91
- Original price
- $1,499,999
- Status
- Active
Listed by Derrik Hammer, Hammer Real Estate Company · [email protected] · MLS# ACT1478351 · Active
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Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.
