405 Academy Dr, Austin, TX 78704
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:monica painter
Office:moreland properties
MLS#:1959602
Source:ACTRIS
405 Academy Dr,Austin, TX 78704
$2,850,000
- 4 Beds
- 2 Baths
- 1,702 sq. ft.
- Single family
- Active
Price summary
- Price:$2,850,000
- Price per sq. ft.:$1,674.5
About this home
Rare opportunity to own almost 3/4 of an Acre steps from Downtown Austin with a city view!
Opportunities like this don’t come around often! This sprawling lot covering almost 3/4 of an acre is a rare find in Austin—especially this close to the heart of downtown. Whether you're looking for an investment, a development opportunity, or the perfect spot to build your dream home, this property has it all.
Currently, the property features a charming 4-bedroom, 2-bathroom home with a cowboy pool and hot tub that is operating as a thriving short-term rental, generating steady income. But the possibilities don’t stop there! You could:
- Build your dream home with ample space for privacy and outdoor living.
- Subdivide into two lots and develop up to four income-producing homes.
- Expand your investment portfolio with endless rental potential in a prime location.
With its unbeatable location just minutes from Austin’s best restaurants, entertainment, and cultural hotspots, this is an opportunity you don’t want to miss!
- Location: Steps from Downtown Austin
- Lot Size: Just shy of 3/4 acre
- Home: 4 Bedrooms | 2 Bathrooms
- Potential: Income property, new construction, or development
Don’t let this rare gem slip away! Contact us today for more details.
Contact an agent
Home facts
- Year built:2007
- Listing ID #:1959602
- Updated:October 03, 2025 at 03:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,702 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:2007
- Building area:1,702 sq. ft.
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,850,000
- Price per sq. ft.:$1,674.5
- Tax amount:$40,147 (2024)
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