00000 Diane DR, Austin, TX 78745 - MLS#7295099

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Spencer Wheelwright

[email protected] +1(512) 944-8553

$950,000

Est. payment - /mo

2,194 SqFt

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Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 2,194 sqft

Price per Sqft $432

Subdivision Ford Place 2

MLS Listing ID 7295099

Year Built 1981

Tax Year 2025

Lot Size 0.306 Acres

Acres 0.3056

Property Sub-Type See Remarks

Source actris

Property Description

Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin's most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots — offering the potential for 7 lots (Buyer to verify). Whether you're an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away — walk or bike to El Chilito, Randall's Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin's coolest corridor.

Location

State TX

County Travis

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Parquet, Vinyl, Wood

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

View See Remarks, Neighborhood, Panoramic

Total Parking Spaces 5

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction No

Others

Special Listing Condition Standard

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Listed by Keller Williams Realty

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Spencer Wheelwright

+1(512) 944-8553

Broker Associate | License ID: 667574

Broker Associate License ID: 667574

00000 Diane DR Austin, TX 78745

Spencer Wheelwright

Key Details

Location

Interior

Exterior

Building

Others

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