$950,000

Estimated payment $5,948/month

Total Views 81
4 Beds
4 Baths
2,194 Sq Ft
$433 Price per Sq Ft

Highlights

  • Greenhouse
  • Mature Trees
  • Wood Flooring
  • Panoramic View
  • Deck
  • Corner Lot

About This Home

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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

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

Property Views

  • Panoramic
  • Neighborhood

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,194 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ford Place 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0000DianeDr
  • Tax Block F

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From Ben White, South on Manchaca, Left on Redd, To Diane
  • Disclosures: Owner/Agent
  • Fencing: Chain Link, Privacy
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2194
  • Other Structures: Greenhouse, Outbuilding, 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 Living Ar: 433.00
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 71.36
  • List Price By Living Area: 433.00
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: See Remarks, Ceiling Fan(s)
  • View: See Remarks, Neighborhood, Panoramic
  • Flooring: Parquet, Vinyl, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: See Remarks, Dishwasher, Disposal, Gas Range, Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds
  • Laundry Location: Laundry Room

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: See Remarks, Balcony, Private Yard
  • Roof: Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, See Remarks
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Natural Gas, Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)

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: 0000DianeDr
  • Lot Size Acres: 0.3056
  • Lot Size Sq Ft: 13311.94
  • Subdivision Name: Ford Place 2

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Block: F
  • Tax Year: 2025
  • Tax Filled Sqft Total: 1432
  • Tax Rate: 2.04648500000000

Map

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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 -- $433 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4090020

Unlock MLS (Austin Board of REALTORS®)