000 Diane Dr Austin, TX 78745
South Manchaca NeighborhoodEstimated payment $6,167/month
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
Keller Williams Realty Brokerage Phone: (512) 751-6060 License #0340639 Listed on: 12/09/2025
Property Details
Property Type
- Land
Lot Details
- 13,312 Sq Ft 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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®)
MLS Number: 6325971
- 1500 Sylvan Glade Unit 1A
- 1321 Redd St
- 4501 Gillis St
- 4415 Gillis St Unit 1
- 4600 Gillis St
- 1607 Sylvan Glade
- 1405 Casey St Unit B
- 4414 Banister Ln Unit 2
- 4412 Banister Ln Unit 1
- 4602 Richmond Ave
- 4530 Clawson Rd Unit 1
- 4413 Banister Ln Unit BLDG 1 - UNIT 101
- 4411 Banister Ln
- 4409 Banister Ln Unit BLDG 1
- 4416 Hank Ave
- 4604 Banister Ln Unit A
- 4701 S Forest Dr
- 4513 Hank Ave
- 1808 Forest Hill Dr
- 4407 Merle Dr Unit B
- 4425 Diane Dr Unit B1
- 4428 Gillis St
- 1500 Sylvan Glade Unit 2A
- 4414 Diane Dr Unit 1B
- 4322 Gillis St Unit 104
- 4322 Gillis St Unit 206
- 4322 Gillis St Unit 106
- 4322 Gillis St Unit 204
- 4408 Banister Ln Unit B
- 4314 Gillis St Unit 105
- 1301 W Ben White Blvd Unit 205
- 1301 W Ben White Blvd Unit 108
- 1301 W Ben White Blvd Unit 208
- 1801 Fortview Rd
- 4405 Jinx Ave Unit 1
- 4805 Brighton Rd Unit B
- 4904 Hawk Cove Unit A
- 4707 Menchaca Rd
- 904 Philco Dr Unit B
- 1507 Grayford Dr
Ask me questions while you tour the home.