MAGICAL: the word most often used by visitors to describe this property – once you step beneath the heritage oaks & follow the path to the water’s edge, you’ll understand why. An exceptional .86-acre estate blends architectural design, proven rental income, and expansion potential—all in Allandale, one of Austin’s most sought-after neighborhoods. The property includes a timeless Mid-Century Modern main home & a large newer International-Modern ADU with all amenities. With zoning for an additional 3rd dwelling unit, it’s perfect for multi-generational living, guest quarters, or long-term investment. Main Residence: (3 bed / 2 bath) featuring a Great Room with panoramic windows & sliding doors opening to the park-like backyard, 2 gas fireplaces, hardwood floors, low-E windows, & a newer roof. The flexible in-law layout is ideal for guests or growing households. ADU/Guest House (1 bed / 1 bath): International Modern-style design with vaulted ceilings & large windows, kitchen, spacious living area, walk-in closet, gym, heated/cooled laundry + storage, & a private entrance & patio. The ADU has consistent rental income with repeat guests. Features: Screened-in porch overlooking Shoal Creek, large enclosed garden with raised beds, two storage sheds & a carport workshop with ample storage space, detached outbuilding for lawn tools, sports gear, or creative use. Circular driveway, extra parking pad & drive-through carport, irrigation and alarm systems, landscape lighting & broadband-ready. Unbeatable Allandale Location: Cyclist friendly, minutes to Burnet Road corridor, The Grove, Central Market, UT, Fonda San Miguel, Epicerie & food trucks. 15 minutes to Downtown & Bergstrom International Airport. Highland Park Elementary & McCallum Fine Arts Academy. Room for a pool, tennis court, or expanded garden. A rare combination of land, design, income & lifestyle potential. Timeless design, everyday functionality & long-term flexibility in one of Austin’s most iconic neighborhoods.