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$975,000
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Property Description
Historic East Austin Compound with Built-In Multi-Stream Income in a Prime Location! Unbeatably situated at 920 Shady Ln in the heart of East Austin's booming Govalle neighborhood, this rare multi-unit investment compound puts you right in the center of iconic local culture and located just minutes from Downtown Austin with effortless access to both North and South routes. Everyday convenience meets local flavor right outside your doorstep: walk directly across the street to Dan's Hamburgers for legendary morning breakfast tacos, or take a short evening stroll down the block to Hi Sign Brewing. Sitting on a generous lot under a majestic canopy of nut-bearing pecan trees, the main 4-bedroom, 2-bathroom "Blue House" radiates vintage charm with original hardwood floors, built-ins and natural light, featuring a private two-room suite with a full bath that is already plumbed to add a kitchen, allows you to easily convert the main home into a duplex. Tucked privately behind sits the refreshed "Green House," a fully independent 2-bedroom, 1-bathroom home complete with a newer roof, remodeled bath, and ultra-efficient mini-splits, providing immediate rental income. The high-yield potential continues in the backyard mini-forest, which boasts two RV/trailer hookups with dedicated sewer clean-outs and a 500 sq ft workshop ready to be utilized as a creative studio or converted into a third living unit/ADU. Complete with a cozy campfire pit and sprawling outdoor space for hosting, 920 Shady Ln gives you the ultimate combination of prime East Austin location, rich character, and multi-stream income security.
Full Property Details
Full Property Details for 920 Shady Ln
General
- Price: $975,000
- Taxes: $14,574 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1765850
- Updated: 8/14/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Pantry, Tile Counters
- Fireplace(s): None
- Appliances: Dishwasher, Free-Standing Gas Range, Gas Water Heater, Stainless Steel Appliance(s)
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 6
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Sidewalks
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: See Remarks
- Porch/Patio/Deck: Rear Porch, Front Porch, Porch
Parking
- Total Spaces: 10
- Parking Features: Driveway, Outside
Location
- Area: 5
- County: Travis
- Subdivision: Shady Lane Add
- Driving Directions: From I-35 N go right on 7th street. Right on N Pleasant Valley Rd. Left on E 5th St. Left on Shady Ln. Home is on the Left after crossing over Boggy Creek.
- Direction Faces: Northeast
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Govalle
- Middle School: Kealing
- High School: Eastside Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Roof: Metal, Shingle
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 2,774
- Sq. Ft. Source: See Remarks
- Living Area: 2,774 Sq. Ft.
- Year Built: 1937
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Shed(s), Workshop
Lot Features
- Property View: Neighborhood, Trees/Woods
- Lot Size (Acres): 0.7184
- Lot Size (Sq. Ft.): 31,293.5
- Sidewalks: Yes
- Fence: Yes
- Lot Features: Level, Many Trees, Trees Large Size
- Fencing (Description): Partial, Wood
Water Features
- Water Front Name: Boggy Creek
- Water Front Desc.: Creek
Financial Considerations
- Assessment Amount: $712,178
- Tax Amount: $14,574.72
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Estate
- Documents Avail.: Disclosure(s), Survey
- Multiple Parcels: Yes
- Legal Description: LOT 1 SHADY LANE ADDN
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 2041603040000
- Lot Number: 1
Listed by Allure Real Estate
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Schools
Schools serving 920 Shady Ln
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Govalle Elementary School 3601 Govalle Avenue, Austin, TX 78702 | PK-5 | 0.5 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 2.1 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 920 Shady Ln
Date
Details
Price
Change
Source
8/14/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 920 Shady Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,859
—
$672,885
10%
2024
$3,859
100%
$611,714
-47%
2022
100%
$1,163,700
—
2022
100%
$1,169,089
154%
2021
-100%
$459,590
10%
2020
$9,303
4%
$417,809
10%
2020
$8,961
18%
$379,826
10%
2018
$7,584
19%
$345,296
10%
2016
$6,364
-9%
$313,905
10%
2017
$7,001
18%
$285,368
10%
2015
$5,957
13%
$259,425
10%
2013
$5,281
-9%
$235,841
10%
2014
$5,809
—
$214,401
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 920 Shady Ln
920 Shady Lane, Austin, TX 78702 (MLS# 1765850) is a Single Family property with 6 bedrooms and 3 full bathrooms. 920 Shady Lane is currently listed for $975,000 and was received on August 14, 2026. Want to learn more about 920 Shady Lane? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

