Austin, TX 78745
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.
| MLS ID | 4090020 | |
| Status | Active | |
| Days Active | 55 | |
| Est. Tax | ||
| Lot Size | 0.3056 | |
| Year Built | 1981 | |
| Total Bedrooms | 4 | |
| 1st Floor Bedrooms | 3 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Square Feet | 2194 | |
| Price Per SqFt | $433 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | None | |
| Flooring | Parquet, Vinyl, Wood | |
| Stories | One | |
| Pool | No | |
| Courtesy of | Keller Williams Realty (512) 751-6060 | |
| Subdivision | Ford Place 2 | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | MetalMetal | |
| Construction | ||
| Foundation | Pillar/Post/Pier | |
| Fencing | Chain Link, Privacy | |
| Elementary School | Joslin | |
| Elementary District | Austin ISD | |
| Middle School | Covington | |
| Middle District | Austin ISD | |
| High School | Crockett | |
| High District | Austin ISD | |
| Appliances | See Remarks, Dishwasher, Disposal, Gas Range, RefrigeratorSee Remarks, Dishwasher, Disposal, Gas Range, Refrigerator | |
| Heating | Natural Gas, Wall Furnace | |
| Cooling | Wall/Window Unit(s) | |
| Exterior Features | See Remarks, Balcony, Private Yard | |
| Lot Features | Corner Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape | |
| Community Features | None | |
| Patio Features | Deck, Patio | |
| Structures | Greenhouse, Outbuilding, Storage, Workshop | |
| Interior Features | See Remarks, Ceiling Fan(s) | |
| Fencing Features | Chain Link, Privacy | |
| Parking Features | Off Street, See Remarks | |
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