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The West 3rd Compound: Two Luxury Homes, One Turnkey Opportunity. Rarely does an opportunity arise to own two meticulously renovated, neighboring homes connected by design. Currently operating as successful vacation rentals, 312 and 314 W 3rd St are being offered together as a premier dual-property compound. Whether you are looking for a high-performing investment or a private family estate, this connected layout is a one-of-a-kind find. Sophisticated Interiors & High-End Finishes Both residences boast an airy, expansive feel with 10’ ceilings and a stunning blend of long-leaf pine and tile flooring. The kitchens and bathrooms in both homes feature upgraded soft-close cabinetry, offering a modern, sleek touch to these character-filled spaces. Best of all, both homes come fully furnished, making this a truly turnkey transition for the next owner. Efficiency & Modern Comfort Enjoy the convenience of tankless/on-demand hot water in both properties. 314 W 3rd goes a step further with Solar-shield roof decking, providing superior energy efficiency and comfort year-round. Seamless Outdoor Connectivity The exterior is designed for flexibility. Both properties are fully fenced with cedar, but they share a unique bond via large wooden gates and a patio walkway that connects the two yards. This allows for a massive, shared compound feel or easy separation when needed. Storage & Parking 312 & 314 Both feature off street parking in front of the homes. 312 W 3rd: Features a detached one-car garage. 314 W 3rd: Includes a heavy-duty Tuff-Shed for additional storage. Don't miss this chance to own a versatile, move-in-ready piece of the neighborhood. Live in one and rent the other, or continue the successful legacy of both as premium short-term rentals!

Source: Austin MLS, MLS#: 9071980

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  • Property Type
    Residential
  • Lot
    0.17 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 314 and 312 W 3rd ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/21/2026Source: Austin MLS Added to Database
April 21, 2026
4/9/2026Source: Austin MLS Added to Database
April 09, 2026
Listing provided courtesy of Tierra Grande Realty, LLC- MLS# 9071980MLS Provider