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$ 950,000
Est. payment /mo
New
00000 Diane DR Austin, TX 78745
2,194 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $432
Subdivision Ford Place 2
MLS Listing ID 7295099
Year Built 1981
Tax Year 2025
Lot Size 0.306 Acres
Acres 0.3056
Property Sub-Type See Remarks
Source actris
Property Description
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.
Location
State TX
County Travis
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Parquet, Vinyl, Wood
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
View See Remarks, Neighborhood, Panoramic
Total Parking Spaces 5
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction No
Others
Special Listing Condition Standard
Virtual Tour https://4425dianedr.relahq.com
Listed by Keller Williams Realty