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ActiveMLS #7440361

1317 Newning Ave, Austin TX 78704

Austin, TX 78704 · Michaels Fairview Park 02

Single Family Residence for sale in Michaels Fairview Park 02

3Bedrooms
1Bathrooms
2,002Square Ft
0.27Acres
0Garage
1951Year Built
Price Reduced
1 / 40
$1,999,500$2,000,000
3D tour

Overview

Property Description

Discover an unparalleled opportunity in the esteemed Travis Heights neighborhood, where exceptional flexibility meets an unbeatable location just moments from South Congress and Downtown Austin. This remarkable 0.27-acre corner lot presents a unique canvas for diverse living arrangements or significant investment potential, featuring three distinct dwelling units thoughtfully updated in 2022. The property encompasses a classic Craftsman-style main home, a charming second residence, and a separate studio unit. Each structure provides immediate functionality and a distinct character, creating an ideal scenario for multi-generational living, lucrative short-term rentals, or consistent long-term income streams. Beyond its current configuration, this expansive lot offers compelling redevelopment prospects, allowing for the construction of a substantial luxury residence exceeding 4,000 square feet in an area renowned for its premium new builds. Residents will relish the unparalleled walkability, enjoying effortless access to South Congress Avenue's vibrant array of dining, cafes, boutiques, and entertainment. Proximity to Stacy Park and Pool ensures leisure and recreation are always within reach, with Lady Bird Lake and major employment centers in Downtown Austin just minutes away. This address represents a rare fusion of location, versatility, and enduring value, catering to investors, multi-generational families, or those aspiring to create a bespoke new home in one of Austin's most coveted zip codes. The property includes a classic Craftsman-style main home (1317 Newning, 3 bed / 1 bath, ~1,137 sqft), a second residence (1315 Newning, 2 bed / 1 bath, ~832 sqft), and a separate studio unit with 1ba, all thoughtfully updated in 2022.

Financial Info
Price
$1,999,500
$ / Sqft
$999
HOA
None
Tax Rate
2.0465%
Est. Taxes
$21,929
Tax Year
2025
Exemptions
None
Legal Info
Address
1317 Newning Ave
County
Travis
City
Austin
State
TX
Zip
78704
Subdivision
Michaels Fairview Park 02
Legal Description
LOT 1-A MICHAELS FAIRVIEW PARK 2
Parcel
03010209060000
Interior Features
Floor
Wood
Num Living
1
Dining
1
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, RNGHD, Refrigerator, Free-Standing Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Washer, Gas Water Heater
Laundry
Inside, Main Level
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Interior Features
Ceiling Fan(s), Stone Counters, Open Floorplan, Primary Bedroom on Main, None, Blinds, Drapes
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1951 / Updated/Remodeled
Square Feet
2,002 / Public Records
Garage Desc
Gravel
Foundation
Pillar/Post/Pier
Roof
Composition, Metal, Shingle
Construction
Wood Siding
Acres
0.27
Lot Description
City Lot, Corner Lot, Public Maintained Road, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
6
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Other, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Privacy, Wood
Exterior Features
Exterior Steps, Private Yard, Covered, Deck, Patio, Porch, Rear Porch
Pool On Property
No
Area Amenities
Picnic Area, Playground, Pool

Rooms

Rooms3 rooms

Main level

  • Primary Bedroom
  • Kitchen
  • Primary Bathroom

Price history

Days on market
−$500 (−0%)
$2,000,000 → $1,999,500
1
Price reduction
Active
Current status
Price trend
List priceApr 2026 → Jun 2026
Property history2 events
DateEventPriceChange
Jun 18, 2026Price Decrease$1,999,500−$500 (−0%)
Apr 24, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 282939

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$980,183$1,013.51
AUSTIN ISD0.925200$980,183$9,068.65
CITY OF AUSTIN0.524017$980,183$5,136.33
TRAVIS COUNTY0.375845$980,183$3,683.97
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$980,183$1,156.84
Ordinary property tax estimate2.046485$20,059.30

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

General Information
Owner
GLOSTER ERIN & DARREN GLOSTER
Legal
LOT 1-A MICHAELS FAIRVIEW PARK 2
Geo ID
prop:282939
Acreage
0.27
Exemptions
Exemption Type
None on record
Tax Summary
MLS estimated annual taxes
$21,929
MLS tax year
2025
Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025$1,071,5402.046485$21,928.90
2024—1.981814$23,073.11
2023—1.809247$23,440.30
2022—1.974923$28,387.46
2021—2.176679$13,640.13
2020—2.226665$12,697.40

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Source: Travis County

Schools

School Info
District
Austin ISD
Elementary
Travis Hts
Middle
Lively
High
Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,999,500
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$13,604 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $13,604

Principal & interest
$10,111
Property taxes
$1,827
Homeowners insurance
$1,666

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,599,600$17,879$103,448$1,581,721
2$1,581,721$19,077$102,250$1,562,644
3$1,562,644$20,354$100,973$1,542,290
4$1,542,290$21,717$99,609$1,520,573
5$1,520,573$23,172$98,155$1,497,401
6$1,497,401$24,724$96,603$1,472,678
7$1,472,678$26,379$94,947$1,446,298
8$1,446,298$28,146$93,181$1,418,152
9$1,418,152$30,031$91,296$1,388,121
10$1,388,121$32,042$89,284$1,356,079
  • Year 1$1,581,721
    Principal paid
    $17,879
    Interest paid
    $103,448
    Starting balance
    $1,599,600
  • Year 2$1,562,644
    Principal paid
    $19,077
    Interest paid
    $102,250
    Starting balance
    $1,581,721
  • Year 3$1,542,290
    Principal paid
    $20,354
    Interest paid
    $100,973
    Starting balance
    $1,562,644
  • Year 4$1,520,573
    Principal paid
    $21,717
    Interest paid
    $99,609
    Starting balance
    $1,542,290
  • Year 5$1,497,401
    Principal paid
    $23,172
    Interest paid
    $98,155
    Starting balance
    $1,520,573
  • Year 6$1,472,678
    Principal paid
    $24,724
    Interest paid
    $96,603
    Starting balance
    $1,497,401
  • Year 7$1,446,298
    Principal paid
    $26,379
    Interest paid
    $94,947
    Starting balance
    $1,472,678
  • Year 8$1,418,152
    Principal paid
    $28,146
    Interest paid
    $93,181
    Starting balance
    $1,446,298
  • Year 9$1,388,121
    Principal paid
    $30,031
    Interest paid
    $91,296
    Starting balance
    $1,418,152
  • Year 10$1,356,079
    Principal paid
    $32,042
    Interest paid
    $89,284
    Starting balance
    $1,388,121
First 10 of 30 years

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Courtesy of Keller Williams Realty · (512) 448-4111

Listings courtesy of ACTRIS as distributed by MLS GRID.