Austin SW - Hal Patterson
1/15
Courtesy of: Moreland Properties, (512) 480-0848, Monica Painter
Local Realty Services Provided By: Keller Williams Realty
Overview
What It'll Cost
Neighborhood
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$2,850,000
405 Academy Drive, Austin, TX 78704
4 Beds
2 Baths
1,702 sq ft
.68 ac
$2,850,000

405 Academy Drive, Austin, TX 78704

Estimation provided by Keller Williams Realty Inc.
4 Beds
2 Baths
1,702 sq ft
.68 ac
Active
For Sale

Property Description

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.

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
1,702 sq ft
Year Built
2007
Days on Site
5 Days
HVAC
Central, Central Air
Parking
6 Parking Spaces
Your Agent
Austin SW
498794

Activity History

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SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $2,850,000
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Price & Tax History

Date
Event
Price
03/18/2025
Listed
$2,850,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2022
$21,924
(-0.99%)
$2,025,778
Land 1,400,000 + Additions 625,778
2021
$22,142
(+4.66%)
$1,128,643
Land 787,500 + Additions 621,600
2020
$21,156
(+3.26%)
$1,128,643
Land 787,500 + Additions 621,600
2019
$20,488
(+19.18%)
$932,763
No Breakdown Available
2017
$17,192
$770,878
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Your Agent
Austin SW
498794

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Courtesy of Moreland Properties, (512) 480-0848

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