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.
Details
| MLS # | 6325971 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 261 |
| Listing Provided By | Keller Williams Realty | Dave Murray |
Features
| Acreage | 0.31 |
|---|---|
| Water Front | Yes |
| Property View | See Remarks, Neighborhood, Panor |
Exterior
| Exterior Features | See Remarks, Balcony, Private Yard |
|---|---|
| Lot Features | Corner Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape |
| Fencing | Chain Link, Privacy |
Utilities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | 10N |
| Community Name | Ford Place 2 |
| School District | Austin ISD |
| Elementary School | Joslin |
| High School | Crockett |
| Listing VS Median (in Ford Place 2) | |
Price: $950,000 low | high Med: $0 On site: 261 low | high Med: | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 27, 2026 at 4:42:15 AM PDT 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.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78745 |
| Area | 10N |
| Community Name | Ford Place 2 |
| School District | Austin ISD |
| Elementary School | Joslin |
| High School | Crockett |
| Listing VS Median (in Ford Place 2) | |
Price: $950,000 low | high Med: $0 On site: 261 low | high Med: | |
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