10605 Newmont Rd

Austin TX 78758

1658 sq. ft.

15638.04 sq. ft.

Single-Family

Currently for sale - view listing

Overview

A unique North Austin property offering multiple living arrangements and three separate income producing components on a .36 acre lot. 10605 Newmont features a 3-bedroom, 2-bath main residence plus an attached studio apartment/guest suite with a full bathroom, kitchenette and fireplace. The studio offers its own private exterior entrance while also connecting to the main residence from the interior, creating flexibility for multigenerational living, guests, a home office or additional rental income. The main home features an open layout, granite countertops and no carpet. Both the main residence and studio enjoy their own private outdoor areas, allowing the spaces to function independently while remaining connected when desired. Adding to the property's versatility is a separate fenced portion of the lot currently leased to a local business for vehicle storage. The three spaces have been leased individually with recent rents of $2,000 per month for the main home, $950 for the studio and $850 for the fenced lot, totaling $3,800 per month. Live in one space while generating income from the others, create a next-gen living arrangement, or continue operating the property as an investment with multiple revenue streams. Convenient North Austin location near Braker Lane and North Lamar with easy access to The Domain, Q2 Stadium, Walnut Creek Park, shopping, dining and major North Austin employment centers. A hard-to-find combination of residential flexibility, private outdoor spaces and established rental history. Schedule your private showing today.