000 Diane Drive
Austin, TX 78745
0.31Acre(Lot)
Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin’s most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots — offering the potential for 7 lots (Buyer to verify). Whether you’re an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Exterior Features
Exterior Features: Balcony, PrivateYard, SeeRemarks
-
Lot Information
Main Square Feet: 0.3056 Lot Size Acres: 0.3056 Lot Description: CornerLot,Level,TreesLargeSize,TreesMediumSize,XeriscapeProperty Information
Subdivision: Ford Place 2 Source Property Type: Land Property SubType: Unimproved Land
-
Listing Price Information
Listing Price: $950000Cash, Conventional
-
Tax Information
Parcel Number: 000DianeDr Tax Lot: 1 Tax Block: F Tax Year: 2025 Tax Legal Desc: Lot 1 Blk F Ford Place 2
-
School Information
Elementary School: Joslin Junior High School: Covington Senior High School: Crockett -
Utility Information
ElectricityAvailable, NaturalGasAvailable -
Location Information
Direction: From Ben White, South on Manchaca, Left on Redd, To Diane WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4417 Garnett Street, Austin, TX, 78745 | $299,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 4419 Garnett Street, Austin, TX, 78745 | $299,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 506 Clover, Austin, TX, 78745 | $395,000 | -- | -- | -- | 0.26 Acre(Lot) |
| 506 Clover Court, Austin, TX, 78745 | $395,000 | -- | -- | -- | 0.26 Acre(Lot) |
| 4518 S 2nd Street, Austin, TX, 78745 | $425,000 | -- | -- | -- | 0.13 Acre(Lot) |
| 321 Ramble Lane, Austin, TX, 78745 | $185,000 | -- | -- | -- | 0.46 Acre(Lot) |
| 700 & 604 Corral Lane, Austin, TX, 78745 | $1,500,000 | -- | -- | -- | 2.01 Acres(Lot) |
| 5502 Humming Bird Lane, Austin, TX, 78745 | $260,000 | -- | -- | -- | 0.21 Acre(Lot) |
| 4306 Banister Lane, Austin, TX, 78745 | $800,000 | -- | -- | -- | Acres (Lot)-- |
| 4411 Banister Lane, Austin, TX, 78745 | $999,999 | -- | -- | -- | 0.51 Acre(Lot) |
Similar Land To 000 Diane Drive
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/06/2026 @ 01:22
More Cities with for Sale by Owner Homes
- Austin Homes For Sale By Owner
- Manchaca Homes For Sale By Owner
- Del Valle Homes For Sale By Owner
- Buda Homes For Sale By Owner
- Niederwald Homes For Sale By Owner
- Kyle Homes For Sale By Owner
- Dale Homes For Sale By Owner
- Cedar Creek Homes For Sale By Owner
- Manor Homes For Sale By Owner
- Uhland Homes For Sale By Owner
- Bee Cave Homes For Sale By Owner
- Lakeway Homes For Sale By Owner
- Driftwood Homes For Sale By Owner
- Pflugerville Homes For Sale By Owner
- Lockhart Homes For Sale By Owner
- Cedar Park Homes For Sale By Owner
- Maxwell Homes For Sale By Owner
- Elgin Homes For Sale By Owner
- Round Rock Homes For Sale By Owner
- Red Rock Homes For Sale By Owner
Homes around $950,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.