00000 Diane DR, Austin, TX 78745 - MLS#7295099

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Mari House

mari@purerealty.com +1(512) 791-6274

$950,000

Est. payment - /mo

2,194 SqFt

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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

Area 10N

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Parquet, Vinyl, Wood

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

View See Remarks, Neighborhood, Panoramic

Accessibility None

Total Parking Spaces 5

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction No

Others

Restrictions Deed Restrictions

Acceptable Financing Cash, Conventional

Tax Rate 2.046485

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.relahq.com/mls/222537001

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Listed by Keller Williams Realty • Dave Murray

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Mari House

+1(512) 791-6274

REALTOR ® | License ID: 0548660

REALTOR ® License ID: 0548660

00000 Diane DR Austin, TX 78745

Mari House

Key Details

Location

Interior

Exterior

Building

Others

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