000 Diane Dr, Austin, TX 78745

Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: dave murray
Office: keller williams realty
MLS#:6325971
Source:ACTRIS
000 Diane Dr,Austin, TX 78745
$950,000
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  • 0 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$950,000

About this home

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

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Home facts

  • Listing ID #:6325971
  • Updated:January 30, 2026 at 11:58 AM

Schools

  • High school:Crockett
  • Elementary school:Joslin

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
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