405 Academy Drive
Austin, TX 78704
1702 sqft | 4 beds | 2 baths | 0.68 acres | #1959602
Description
Rare opportunity to own almost 3/4 of an Acre steps from Downtown Austin with a city view!
Opportunities like this don’t come around often! This sprawling lot covering almost 3/4 of an acre is a rare find in Austin—especially this close to the heart of downtown. Whether you're looking for an investment, a development opportunity, or the perfect spot to build your dream home, this property has it all.
Currently, the property features a charming 4-bedroom, 2-bathroom home with a cowboy pool and hot tub that is operating as a thriving short-term rental, generating steady income. But the possibilities don’t stop there! You could:
- Build your dream home with ample space for privacy and outdoor living.
- Subdivide into two lots and develop up to four income-producing homes.
- Expand your investment portfolio with endless rental potential in a prime location.
With its unbeatable location just minutes from Austin’s best restaurants, entertainment, and cultural hotspots, this is an opportunity you don’t want to miss!
- Location: Steps from Downtown Austin
- Lot Size: Just shy of 3/4 acre
- Home: 4 Bedrooms | 2 Bathrooms
- Potential: Income property, new construction, or development
Don’t let this rare gem slip away! Contact us today for more details.
Property Details
- InteriorSeparate Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, Open Floorplan
- Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
- Exterior MaterialsBalcony, Private Yard, Uncovered Courtyard
- Property SubtypeSingleFamilyResidence
- Elementary SchoolTravis Heights
- SubdivisionFairview Park
- Sewer InformationPublic Sewer
- School DistrictAustin ISD
- Original List Price$2,850,000
- Property TypePurchase
- Taxes Annual$40,147
- MLS #1959602
- Cost2850000
- MLS #1959602
- Acres0.6787
- Utility SourcePublic
- Middle SchoolLively
- High SchoolTravis
- CountyTravis
- ViewCity
- Square Feet1702
- Year Built2007
- FoundationSlab
- Bedrooms4
- Bathrooms2
- Full Baths2
- Pool1
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-03-19 09:02:21 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Monica Painter (#803587), Phone: (512) 480-0848
Listing Office: Moreland Properties (#017J)
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