0000 Diane DR Austin, TX 78745
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $432
Subdivision Ford Place 2
MLS Listing ID 4090020
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1981
Tax Year 2025
Lot Size 0.306 Acres
Acres 0.3056
Property Sub-Type Single Family Residence
Source actris
Property Description
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
Rooms
Main Level Bedrooms 3
Interior
Interior Features See Remarks, Ceiling Fan(s)
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Parquet, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance See Remarks, Dishwasher, Disposal, Gas Range, Refrigerator
Exterior
Exterior Feature See Remarks, Balcony, Private Yard
Fence Chain Link, Privacy
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description None
View See Remarks, Neighborhood, Panoramic
Roof Type Metal
Porch Deck, Patio
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape
Faces West
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Schools
Elementary Schools Joslin
Middle Schools Covington
High Schools Crockett
School District Austin Isd
Others
Special Listing Condition Standard
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