A separate studio-style garage apartment provides flexible living for guests, work, rental income, or multigenerational needs. With its own kitchenette and private entrance, it functions as an independent residence while remaining connected to the flow of the property.

Toward the rear of the estate, a fully cedar-wrapped barndominium serves as the third living space. This striking structure features a studio suite above and a garage below with soaring ceilings, designed to accommodate car lifts, boats, equipment, or a full workshop. For collectors, creatives, or hobbyists, it offers a level of space and utility rarely found in central Austin.

Together, these structures create a property with true compound potential—ideal for investors, extended families, or those seeking a live-work-create environment surrounded by nature. Bordered by green space and tucked away in a quiet corner of the neighborhood, Cranham Chase feels private and secluded while remaining minutes from Austin’s most desirable amenities.

With three living spaces, two expansive workshops, and land that invites future vision, Cranham Chase represents a rare and valuable opportunity in Lake Austin Estates.