1605 Chelsea Ln #1 & 2, Austin, TX 78704
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: kelly ilse, danielle reali
Office: compass re texas, llc.
MLS#:4520523
Source:ACTRIS
1605 Chelsea Ln #1 & 2,Austin, TX 78704
$3,250,000
- - Beds
- - Baths
- 4,400 sq. ft.
- Multi-family
- Active
Price summary
- Price:$3,250,000
- Price per sq. ft.:$738.64
About this home
Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home — it’s a proven, high-performing investment opportunity operating as an active Airbnb with two fully independent units and two private pools.
Designed by award-winning architect Davey McEathron, the front residence offers striking contemporary design paired with strong rental appeal. The 5-bedroom main home features soaring ceilings, walls of glass, warm wood floors, and seamless indoor-outdoor flow that today’s guests and luxury renters seek. A rooftop deck and private backyard pool create a true resort-style experience, while the spacious upstairs flex space adds versatility for larger groups. Premium upgrades — including a whole-house generator, motorized shades, retractable awning, and EV charger — enhance both guest comfort and long-term asset value.
The detached 2-bedroom, approximately 1,100-square-foot back house is its own standalone income-producing unit, complete with a private pool and rooftop deck. Thoughtfully designed for privacy and style, it offers an ideal setup for maximizing short-term rental revenue, hosting extended stays, or providing an owner’s lock-and-leave retreat while continuing to generate income from the primary residence.
With two distinct units, two pools, multiple rooftop decks, and a coveted location in one of Austin’s most walkable neighborhoods, this property delivers rare flexibility: operate both as short-term rentals, live in one and lease the other, or create a multi-generational compound. Just moments from parks, trails, and the dining and nightlife of South Congress, this is an extraordinary opportunity to own a turnkey, income-producing asset in an A+ location....
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Home facts
- Year built:2018
- Listing ID #:4520523
- Updated:June 18, 2026 at 11:28 PM
Rooms and interior
- Flooring:Tile, Wood
- Kitchen Description:Built-In Oven(s), Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
- Living area:4,400 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2018
- Building area:4,400 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
- Construction Materials:Stucco, Wood Siding
- Exterior Features:Balcony, Electric Car Plug-in, Private Yard
- Foundation Description:Slab
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$738.64
Features and amenities
- Appliances:Built-In Oven(s), Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
- Amenities:Pantry
Parking
- Parking description:Attached, Garage, Garage Door Opener, Garage Faces Side
- Garage:Yes
- Garage spaces:3
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