406 W Live Oak Street
Austin, TX 78704
0.95Acre(Lot)
Rare South Austin development opportunity approved for 12 homes across six individual MF-3 zoned residential lots with potential downtown views. Located just off South 1st Street and only 1.5 miles from Lady Bird Lake, this site offers exceptional proximity to downtown, South Congress, South 1st retail, restaurants, and major lifestyle corridors. Four lots have already been leveled and are development-ready, with a 2,400 SF remodeled sales office currently onsite and a demo permit approved for immediate redevelopment. Site plans and approved plans are available upon request, providing a strong head start for a builder looking to move quickly. With new construction comps in the area selling for approximately $750–$835/SF, this is an ideal scale project for a mid-size builder seeking a rare
Property Details
Map
Map
What's Nearby
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Features
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Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 220x230 Main Square Feet: 0.95 Lot Size Acres: 0.95 Lot Description: CornerLotProperty Information
Subdivision: GILLIS SIMON Source Property Type: Land Zoning Description: MF-3 Property SubType: Multiple Parcels
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Listing Price Information
Listing Price: $5500000Cash, Conventional, OwnerMayCarry
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Tax Information
Parcel Number: 406 W Live Oak Street Tax Year: 2025 Tax Legal Desc: LOT 1-13 GILLIS SIM
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School Information
Elementary School: Travis Hts Junior High School: Lively Senior High School: Travis -
Utility Information
None -
Location Information
Direction: FOUR BLOCKS W. OF CONGRESS AVENUE, NEAR OLTORF WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1107 Travis Heights Bou.., Austin, TX, 78704 | $795,000 | -- | -- | -- | 0.16 Acre(Lot) |
| 407 E Monroe Street, Austin, TX, 78704 | $855,000 | -- | -- | -- | 0.16 Acre(Lot) |
| 517 Bouldin Avenue, Austin, TX, 78704 | $1,495,000 | -- | -- | -- | 0.34 Acre(Lot) |
| 604 Fletcher Street, Austin, TX, 78704 | $1,999,050 | -- | -- | -- | 0.18 Acre(Lot) |
| 304 Ben Howell Drive, Austin, TX, 78704 | $585,000 | -- | -- | -- | 0.15 Acre(Lot) |
| 604 W Oltorf Street, Austin, TX, 78704 | $475,000 | -- | -- | -- | 0.14 Acre(Lot) |
| 703 Herndon Lane, Austin, TX, 78704 | $499,777 | -- | -- | -- | 0.16 Acre(Lot) |
| 2421 S 5th Street, Austin, TX, 78704 | $849,000 | -- | -- | -- | 0.21 Acre(Lot) |
| 3817 Garden Villa Lane, Austin, TX, 78704 | $499,900 | -- | -- | -- | 0.20 Acre(Lot) |
| 1801 Lightsey Road, Austin, TX, 78704 | $1,695,000 | -- | -- | -- | 1.11 Acres(Lot) |
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ByOwner last updated this listing 06/17/2026 @ 02:13
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