$950,000

Estimated payment $5,948/month

Total Views 85
0.31 Acre
$3,108,639 Price per Acre
13,312 Sq Ft Lot

Highlights

  • Greenhouse
  • Mature Trees
  • Private Yard
  • Panoramic View
  • Corner Lot
  • No HOA

About This Lot

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.

Listing Agent

Dave Murray

Keller Williams Realty Brokerage Phone: (512) 751-6060 License #0340639 Listed on: 12/09/2025

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Xeriscape Landscape
  • Corner Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Private Yard

Property Views

  • Panoramic
  • Neighborhood

Additional Homes

  • Residence on Property

Schools

  • Joslin Elementary School
  • Covington Middle School
  • Crockett High School

Listing and Financial Details

  • Assessor Parcel Number 000DianeDr
  • Tax Block F

Community Details

Overview

  • No Home Owners Association
  • Ford Place 2 Subdivision

Recreation

  • Balcony
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: From Ben White, South on Manchaca, Left on Redd, To Diane
  • Disclosures: Owner/Agent
  • Fencing: Chain Link, Privacy
  • Other Structures: Greenhouse, Outbuilding, Residence, Storage, Workshop
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 751-6060
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 3863.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 71.36
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 71.36
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Mineral: See Remarks
  • Special Features: VirtualTour

Interior Features

  • View: See Remarks, Neighborhood, Panoramic
  • Property Condition: Resale

Exterior Features

  • Exterior Features: See Remarks, Balcony, Private Yard
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Joslin
  • High School: Crockett
  • Middle/Junior School: Covington
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Corner Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape
  • Parcel Number: 000DianeDr
  • Lot Size Acres: 0.3056
  • Lot Size Sq Ft: 13311.94
  • Subdivision Name: Ford Place 2

Building Info

  • New Construction: No

Tax Info

  • Tax Block: F
  • Tax Year: 2025
  • Tax Rate: 2.04648500000000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $950,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6325971

Unlock MLS (Austin Board of REALTORS®)