Terrace Park Real Estate

Terrace Park: A Tranquil Haven in Austin, Texas

Nestled in the heart of Travis County, Texas, Terrace Park is a serene subdivision that offers residents a peaceful and picturesque living experience. Situated in the vibrant city of Austin, Terrace Park provides the perfect balance between tranquility and urban convenience.

As part of the dynamic state of Texas, Terrace Park benefits from its prime location in the Lone Star State. With a rich history and a thriving economy, Texas offers residents a wide range of opportunities and amenities. From world-class dining and shopping to cultural attractions and outdoor recreational activities, there is something for everyone in this diverse state.

Within Travis County, Terrace Park stands out as a desirable neighborhood. Known for its well-maintained streets, lush green spaces, and friendly community atmosphere, Terrace Park offers a welcoming environment for families, professionals, and retirees alike. The neighborhood boasts a variety of housing options, including single-family homes, townhouses, and apartments, ensuring that there is a perfect home for every lifestyle.

Terrace Park's convenient location in Austin allows residents to enjoy the best of both worlds. While the neighborhood offers a peaceful retreat from the hustle and bustle of city life, it is just a short drive away from the vibrant downtown area. Residents can easily access Austin's renowned music scene, eclectic dining options, and thriving arts and culture scene.

If you're looking for a tranquil haven in the heart of Austin, Terrace Park is the ideal place to call home. With its prime location in Travis County and its serene atmosphere, this subdivision offers a perfect balance between urban convenience and suburban charm.

Newest Listings in Terrace Park

$1,295,000

6572254 MLS

An exceptional investment opportunity in the heart of Clarksville, one of Austin’s most charming and sought-after neighborhoods. This well-positioned fourplex with alley access offers a unique combination of income-producing potential, flexible use, and redevelopment opportunity, making it an attractive option for investors, homestead, or developers. Currently operating as a mix of short-term and long-term rentals, providing immediate income potential while allowing a new owner the flexibility to optimize the existing rental strategy. Clarksville offers a blend of historic charm, mature trees, walkability, dining, shopping, entertainment, parks and just minutes to Downtown.

614 Highland Ave, Austin

$164,900

3 Beds ⋅ 1 Baths ⋅ 21337537 MLS

Spacious Cornerstone of Opportunity in a Growing Waco Neighborhood! This charming 3-bedroom, 1-bath home sits on an expansive approximately 0.39-acre lot, offering endless possibilities for homeowners, investors, or those looking for room to expand. Conveniently located just minutes from I-35, Baylor University, downtown Waco, shopping, dining, and major employers, you'll enjoy both accessibility and the benefits of a well-established neighborhood. Currently zoned R-1B Residential, with Property Use Code 301 (Commercial), the property is situated in an area experiencing continued growth and investment. The oversized lot provides ample space for outdoor living, future improvements, or additional amenities, making it a standout opportunity in today's market. Whether you're searching for a primary residence, rental property, or long-term investment, this home offers exceptional potential in one of Waco's most convenient locations. Buyer should independently verify zoning, utility availability, building requirements, and any future land use or development opportunities with the City of Waco. *Property is being sold individually. Neighboring lots and houses being sold by the same seller and can be combined as a package deal.

3825 Elliott Dr, Waco

$1,350,000

4200393 MLS

Enjoy bright, airy modern bungalow living in this newly renovated West Austin residence, located in one of the city’s most desirable and historic neighborhoods. The home is within walking distance of restaurants, coffee shops, bars, Lady Bird Lake, and Zilker Park, offering an exceptional urban lifestyle in Austin. The property features two separate units—each 3 bedrooms and 2 bathrooms—with private entrances, totaling 6 bedrooms and 4 bathrooms under one roof. This flexible layout is ideal for multigenerational living, house hacking, or rental use, allowing shared gathering space while maintaining separation. Each unit includes its own living room and kitchen, with a dedicated dining area on the upper level. The home has been thoughtfully renovated with clean modern finishes, abundant natural light, and well-appointed kitchens with generous counter space, including double islands upstairs. Bedrooms and bathrooms are spacious and functional, designed for both everyday living and entertaining. A large unfinished basement provides substantial storage and a clear opportunity to finish the space to increase square footage, value, and/or rental income. The property is currently operating as a short-term rental, generating $530,742 in gross revenue over the past three years, with meaningful upside remaining. It may be sold fully turnkey, including all furniture, supplies, listings, professional photography, and future reservations, allowing for a seamless transition for an owner or investor. *THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

707 Highland Ave, Austin

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

Listings provided by LERA MLS

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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