0000 Diane Dr Austin, TX 78745
South Manchaca NeighborhoodEstimated payment $5,948/month
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
Keller Williams Realty Brokerage Phone: (512) 751-6060 License #0340639 Listed on: 12/09/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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®)
MLS Number: 4090020
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