4201 GREGG WARD LANE, AUSTIN, TX 78744

A Rare Urban Ranch Retreat -- Minutes from Downtown Austin Welcome to a truly exceptional multi-generational property offering the rare combination of privacy, charm, and convenience just a short drive from downtown Austin and with easy access to the airport. Tucked away on a peaceful, tree-lined street, this beautifully restored midcentury ranch sits on an expansive 1.8 acre lot, surrounded by majestic heritage oak trees and lush, native Texas landscaping. A scenic spring-fed creek meanders through the property, flowing into a tranquil lily pond that supports a beautifully maintained native landscape. The setting evokes the charm of a gentleman's ranch--right in the heart of the city. The primary residence features 4 spacious bedrooms, 3 full baths, and a flexible basement apartment--perfect for extended family, guests, or rental income. In addition, a charming 2-bedroom cottage, relocated from it's original site on iconic South Congress, offers endless potential as a home office, guest suite, or income-producing Airbnb. Whether you're seeking a peaceful urban retreat, a flexible family compound, or an investment opportunity with multiple dwellings, this property is not to be missed. Altogether, the property offers approximately 3,452 square feet of thoughtfully designed living space--ideal for multi-generational living, hosting guests, or generating rental income. The main house features 4 bedrooms and 3 full baths across 2,175 square feet above grade, blending comfort and functionality with generous communal areas and private retreats. The basement apartment is a cozy, self-contained 1-bedroom, 1-bath space with 273 square feet--perfect for a home office, live-in help, or extended stays. The charming guest house offers 2 bedrooms and 1 bath in 1,004 square feet, providing a welcoming and private space for guests or short-term rental potential.