Melissa Claus
JLA Realty
(830) 626-9302
68 Total Sales
1 in SoCo
$680,000 Price
405 Academy Dr Austin, TX 78704
SoCo NeighborhoodEstimated Value: $2,411,991
4
Beds
2
Baths
1,702
Sq Ft
$1,417/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- 0.68 Acre Lot
- No HOA
- City View
- Open Floorplan
- Multiple Living Areas
About This Home
As of October 2025Rare opportunity to own almost 3/4 of an Acre steps from Downtown Austin with a city view!
Opportunities like this don’t come around often! This sprawling lot covering almost 3/4 of an acre is a rare find in Austin—especially this close to the heart of downtown. Whether you're looking for an investment, a development opportunity, or the perfect spot to build your dream home, this property has it all.
Currently, the property features a charming 4-bedroom, 2-bathroom home with a cowboy pool and hot tub that is operating as a thriving short-term rental, generating steady income. But the possibilities don’t stop there! You could:
- Build your dream home with ample space for privacy and outdoor living.
- Subdivide into two lots and develop up to four income-producing homes.
- Expand your investment portfolio with endless rental potential in a prime location.
With its unbeatable location just minutes from Austin’s best restaurants, entertainment, and cultural hotspots, this is an opportunity you don’t want to miss!
- Location: Steps from Downtown Austin
- Lot Size: Just shy of 3/4 acre
- Home: 4 Bedrooms | 2 Bathrooms
- Potential: Income property, new construction, or development
Don’t let this rare gem slip away! Contact us today for more details.
Last Agent to Sell the Property
Moreland Properties Brokerage Phone: (512) 480-0848 License #0803587 Listed on: 03/18/2025
Last Buyer's Agent
Moreland Properties Brokerage Phone: (512) 480-0848 License #0803587 Listed on: 03/18/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,147
Year Built
- Built in 2007
Lot Details
- 29,564 Sq Ft Lot
- West Facing Home
- Back Yard Fenced
- Property is in excellent condition
Home Design
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- 1,702 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Multiple Living Areas
- Dining Area
- City Views
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 6 Parking Spaces
- Driveway
Outdoor Features
- Above Ground Pool
- Balcony
- Uncovered Courtyard
- Shed
Schools
- Travis Hts Elementary School
- Lively Middle School
- Travis High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Fairview Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 03000112030000
- Tax Block 21&24
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2025
Closed on
Oct 21, 2025
Sold by
Rastelli Ryan
Bought by
Seller's Agent
Monica Painter
Moreland Properties
Buyer's Agent
Monica Painter
Moreland Properties
List Price
$2,850,000
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.17%
Original Mortgage
$2,180,000
Outstanding Balance
$2,161,349
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$250,642
Purchase Details
Listed on
Feb 28, 2023
Closed on
Mar 24, 2023
Sold by
Ascot Karin Elizabeth Sabrina
Bought by
Rastelli Ryan
Seller's Agent
Roy Waley
Horizon Realty
Buyer's Agent
Alex Hernandez-Bobrow
KW-Austin Portfolio Real Estate
List Price
$2,300,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Purchase Details
Closed on
Nov 4, 2022
Sold by
Ascot Karin Elizabeth Sabrina
Bought by
Ascot Karin Elizabeth Sa
Purchase Details
Closed on
Jul 2, 1996
Sold by
Nelson Daniel W and Lucas Georgia B
Bought by
Needham Mary and Ascot Karin
Home Values in the Area
Average Home Value in this Area
Agents Specializing in SoCo, TX
-
Melissa Claus
-
Adrienne Longoria
Adrienne Longoria
Christie's Lone Star
(844) 985-0586
23 Total Sales
1 in SoCo
$1,680,000 Price
-
Lori Anne Goto
Lori Anne Goto
Encore Real Estate
(737) 237-9768
71 Total Sales
1 in SoCo
$327,500 Price
-
Barbara Shallue
Barbara Shallue
Keller Williams Realty
(737) 210-3725
113 Total Sales
1 in SoCo
$388,000 Price
-
Christi Davidson
Christi Davidson
eXp Realty, LLC
(737) 377-5481
18 Total Sales
1 in SoCo
$2,320,000 Price
-
Michael Hall
Michael Hall
Harmony Real Estate Group
(512) 270-2618
26 Total Sales
1 in SoCo
$270,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Rastelli Ryan | -- | -- | |
| Ascot Karin Elizabeth Sa | -- | -- | |
| Needham Mary | -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,180,000 |
Source: Public Records
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 | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | Sold | -- | -- | -- | |
| 03/18/2025 03/18/25 | For Sale | $2,850,000 | +23.9% | $1,675 / Sq Ft | |
| 03/24/2023 03/24/23 | Sold | -- | -- | -- | View Prior Sale |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- | |
| 02/28/2023 02/28/23 | For Sale | $2,300,000 | -- | $1,351 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,998 | $1,368,113 | $1,178,445 | $189,668 |
| 2023 | $21,510 | $1,365,658 | $0 | $0 |
| 2022 | $24,519 | $1,241,507 | $0 | $0 |
| 2021 | $24,567 | $1,128,643 | $787,500 | $621,600 |
| 2020 | $22,007 | $1,026,039 | $787,500 | $345,900 |
| 2018 | $18,774 | $847,966 | $787,500 | $340,787 |
| 2017 | $17,192 | $770,878 | $700,000 | $328,879 |
| 2016 | $15,629 | $700,798 | $656,250 | $287,143 |
| 2015 | $12,919 | $637,089 | $612,500 | $290,573 |
| 2014 | $12,919 | $579,172 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Painter
MP
Seller's Agent in 2025
Monica Painter
Moreland Properties
(512) 480-0848
2 in this area
29 Total Sales
-
Roy Waley
Seller's Agent in 2023
Roy Waley
Horizon Realty
(512) 657-9578
1 in this area
5 Total Sales
-
Alex Hernandez-Bobrow
Buyer's Agent in 2023
Alex Hernandez-Bobrow
KW-Austin Portfolio Real Estate
(210) 771-3805
2 in this area
118 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1959602
APN: 282784
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID
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