1603 Taylor Gaines St, Austin, TX 78741

Austin
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: dru brown
Office: moreland properties
MLS#:3244031
Source:ACTRIS
1603 Taylor Gaines St,Austin, TX 78741
$1,500,000
Virtual Tour
  • 0.6 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,500,000

About this home

Rare .6-acre double lot in prime East Travis Heights with exceptional development potential and flexible seller financing. Elevated hilltop setting with downtown view potential in one of Austin’s most desirable urban neighborhoods. Potential for up to six dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78704 with minimal upfront capital. Ideal for builders, investors, or developers seeking urban infill, boutique multifamily, luxury townhomes, or a private compound concept. Existing improvements provide optional interim use or holding income while development plans are finalized. Minutes to downtown Austin, South Congress, Lady Bird Lake, and East Austin’s top dining and entertainment. Quiet, established neighborhood with strong resale and rental demand. Opportunities to acquire land of this size with favorable financing in East Travis Heights are extremely limited.

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Home facts

  • Subdivision & Development:SUMMIT HILL
  • Listing ID #:3244031
  • Updated:September 28, 2026 at 04:28 PM

Structure and exterior

  • Lot area:0.6 Acres
  • Lot Features:Back Yard, Front Yard, Garden, Level, Trees-Large (Over 40 Ft)
  • Exterior Features:Private Yard

Schools

  • High school:Travis
  • Elementary school:Travis Hts

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$18,629 (2025)
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