405 Academy Dr
Austin, TX 78704
- 4 beds
- 2 baths
- 1,702 sqft
- ~3/4 acre lot
- $1,674 per sqft
- 2007 build
- – on site
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.
Last checked:
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Checking…
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Last updated Mar 19, 2025
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MLS# 1959602 —
The Building
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Year Built:2007
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New Construction:false
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Roof:Metal
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Foundation:Slab
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Exterior Features:Balcony
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Accessibility Features:None
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Patio And Porch Features:See Remarks
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Window Features:See Remarks
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Levels:Two
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Direction Faces:West
Interior
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Interior Features:Multiple Dining Areas
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Living:2
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Dining:2
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Flooring:See Remarks
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Laundry Location:Inside
Room Dimensions
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Living Area:1702
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Living Area Source:Public Records
Financial & Terms
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Possession:Funding
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Restrictions:See Remarks
Location
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Latitude:30.251717
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Longitude:-97.744461
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Directions:Go east on Academy from Congress to corner of Academy and Newning
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Parcel Number:03000112030000
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Property Condition:See Remarks
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Other Structures:Shed(s)
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Lot Features:See Remarks
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Lot Size Acres:0.6787
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Lot Size Area:0 Sqft
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Lot Size SqFt:29,564 Sqft
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SqFt Total:1,714 Sqft
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View:City
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Additional Parcels:false
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Fencing:Back Yard
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 845-5614
- Office phone:
- (512) 480-0848
Taxes
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Tax Annual Amount:$40,147.15
Beds
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Beds:2
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Bedrooms Total:4
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Main Level Bedrooms:2
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Tenant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:Cooktop
Schools
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Elementary School:Travis Hts
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Elementary School District:Austin ISD
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Middle School:Lively
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Middle School District:Austin ISD
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High School:Travis
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High School District:Austin ISD
The Community
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Subdivision Name:Fairview Park
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Community Features:None
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Pool Private:true
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Pool Features:Above Ground
Parking
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Parking Features:Driveway
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Garage:false
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Attached Garage:false
Monthly cost estimate

Asking price
$2,850,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$15,260
|
Taxes | $3,345 |
Insurance | $783 |
Utilities | $156 See report |
Total | $19,544/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Listed / Active | ABOR | $2,850,000 |