401 W Live Oak Street
Austin, TX 78704
5
Bed
4
Bath
2,533Sqft
0.20Acre(Lot)
Rare income-producing and redevelopment opportunity in highly desirable 78704! Situated on an approximately 8,612 SF (.198-acre) corner lot in a prime Central Austin location, this versatile property features three separate living spaces and approximately $6,600 per month ($79,200 annually) in current gross rental income, offering an exceptional opportunity for an investor, owner-occupant, or builder. The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. A separate rear building includes two additional living spaces: an approximately 879 SF upstairs 2-bedroom, 1-bath Unit A, currently leased to long-term tenants, and an approximately 550 SF furnished 1-bedroom, 1-bath garage apartment, Unit B, currently operated as a short-term rental (STR). Both rear units may offer poten
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 4 Full Baths: 4Roofing Information
Membrane, ShingleFlooring Information
Tile, Wood -
Interior Features
Roof: Membrane, ShingleAppliances: Dryer, Dishwasher, FreeStandingElectricRange, FreeStandingGasRange, FreeStandingRefrigerator, GasWaterHeater, Washer
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Building Information
Year Built: 1954Construction Materials: HardiplankType, StoneStories: 1Private Pool: NoWater front Features: NoneView: None
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Lot Information
Main Square Feet: 0.1977 Lot Size Acres: 0.1977 Lot Description: BackYard,CornerLot,FrontYard,LevelProperty Information
Subdivision: Shelton Willie I Source Property Type: Residential Property SubType: Other Levels: One Property Age: 72
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Listing Price Information
Listing Price: $1180000Cash, Conventional, VaLoan
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Tax Information
Parcel Number: 04030102120000 Tax Lot: 1 Tax Year: 2026 Annual Tax: $14686.72 Tax Legal Desc: LOT 1 SHELTON WILLIE I SUBD
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Virtual Tour
Parking Information
Asphalt, Gravel, Outside
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School Information
Elementary School: Travis Hts Junior High School: Lively Senior High School: Travis -
Utility Information
ElectricityConnected, FiberOpticAvailable, NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: From Downtown: Take S. 1st St. south. Turn left on W. Live Oak St. Property will be on the right. From TX-71: Take S. Congress Ave. north, turn left on W. Live Oak St. Property will be on the left. Parking is easiest from Wilson St., with a driveway that accommodates several cars.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1606 S 2nd Street, Austin, TX, 78704 | $939,900 | 3 | 2 | 1,248 | 0.10 Acre |
| 1201 Kenwood Avenue, Austin, TX, 78704 | $2,975,000 | 4 | 5 | 3,488 | 0.20 Acre |
| 1018 Harwood Place, Austin, TX, 78704 | $1,425,000 | 4 | 4 | 3,344 | 0.11 Acre |
| 1318 Bonham Terrace, Austin, TX, 78704 | $790,000 | 2 | 2 | 1,187 | 0.10 Acre |
| 1511 Chelsea Lane, Austin, TX, 78704 | $1,799,900 | 4 | 3 | 2,486 | 0.26 Acre |
| 1105 Travis Heights Bou.., Austin, TX, 78704 | $2,150,000 | 4 | 5 | 3,187 | 0.16 Acre |
| 1109 Travis Height Boul.., Austin, TX, 78704 | $995,000 | 4 | 2 | 2,800 | 0.16 Acre |
| 1117 Reagan Terrace, Austin, TX, 78704 | $2,825,000 | 4 | 4 | 3,350 | 0.16 Acre |
| 1407 Alameda Drive, Austin, TX, 78704 | $2,450,000 | 4 | 4 | 3,714 | 0.16 Acre |
| 1118 Algarita Avenue #2, Austin, TX, 78704 | $850,000 | 3 | 3 | 1,792 | 0.12 Acre |
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ByOwner last updated this listing 09/11/2026 @ 06:26
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