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401 W Live Oak St

Austin, TX 78704
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Bed 5

Bed

Bath 4

Bath

SqFt2,533

Sqft

Acres0.20

Acre(Lot)

Rare 3-unit income-producing and redevelopment opportunity in the desirable Bouldin area of 78704, minutes from Downtown Austin! Situated on an approximately 8,612 SF (.198-acre) corner lot in prime Central Austin, this property generates approximately $6,600/month ($79,200 annually) in current gross rental income per seller, across three separate units - an exceptional opportunity for an investor, owner-occupant, or builder. UNIT MIX: Main House: +/-1,104 SF, 2BR/2BA, renovated 2021 Unit A (Rear Building, Upper): +/-660 SF, 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC - leased to long-term tenants in place approximately 10 years Unit B (Rear Building, Lower): +/-660 SF including storage area, 1BR/1BA, furnished, washer/dryer - currently operated as a short-term rent al (STR) Each rear unit has its own private entrance and access to the gated yard. All three units are currently occupied; rent roll and lease details available upon request. Owner pays utilities. Parking for up to 7 vehicles. STR potential for the other units is subject to buyer verification of applicable city regulations, permitting, and requirements. SF per Travis CAD; approximate, buyer to verify. Income from day one, with clear value-add upside: Unit A's interior has not been updated, presenting an opportunity to renovate and potentially increase rental income, and the storage area may be converted to expand Unit B's living space, subject to buyer verification of permitting. 2021 Main House updates include a remodeled bathroom, refinished original hardwood floors, fresh paint, new refrigerator, and foam insulation in the walls and under the house. Updated windows throughout. Investment paths: hold as a stabilized income-producing asset, renovate Unit A and expand Unit B to increase rents, or pursue redevelopment. The corner lot may support redevelopment into up to three separate residences, subject to buyer verification of zoning.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,180,000

AD Id : 91553635

MLS Id : 8687427

Beds : 5

Lot Size : 0.20 Acre

Living Area Size : 2,533 Sq. Ft

Tax Amount : $14,686.72

Year Built : 1954

County : Travis

Subdivision: Shelton Willie I

  • Map Map

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Feature Features

  • Interior Features

    SeeRemarks
    Roof: Membrane, Shingle
    Appliances: Dryer, Dishwasher, FreeStandingElectricRange, FreeStandingGasRange, FreeStandingRefrigerator, GasWaterHeater, Washer
    Laundry Features: SeeRemarks
  • Heating & Cooling

    Heating: Central Has Cooling: Yes

  • Building Information

    Year Built: 1954
    Construction Materials: HardiplankType, Stone
    Stories: 1
    Private Pool: No
    Water front Features: None
    View: None
  • Exterior Features

    Exterior Features: PrivateEntrance, PrivateYard, SeeRemarks

  • Lot Information

    Main Square Feet: 0.1977 Lot Size Acres: 0.1977 Lot Description: BackYard,CornerLot,FrontYard,Level

    Property Information

    Subdivision: Shelton Willie I Source Property Type: ResidentialIncome Property SubType: Triplex Direction Faces: North Levels: One Property Age: 72

  • Listing Price Information

    Listing Price: $1180000
    Cash, Conventional, VaLoan

  • Tax Information

    Parcel Number: 04030102120000401 Tax Lot: 1 Tax Year: 2026 Annual Tax: $14686.72 Tax Legal Desc: LOT 1 SHELTON WILLIE I SUBD, PID: 04030102120000

  • School Information

    Elementary School: Travis Hts Junior High School: Lively Senior High School: Travis
  • Utility Information

    ElectricityAvailable, 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2206 Alta Vista Avenue, Austin, TX, 78704 $804,570 6 2 1,750 0.27 Acre
3454 Willowrun Drive, Austin, TX, 78704 $599,000 4 4 2,352 0.21 Acre
604 Fletcher, Austin, TX, 78704 $1,999,050 4 4 2,400 0.18 Acre
1803 Bouldin Avenue, Austin, TX, 78704 $1,249,000 6 4 2,536 0.17 Acre
800 Terrell Hill Drive, Austin, TX, 78704 $775,900 4 2 1,874 0.21 Acre
1127 Hollow Creek Drive.., Austin, TX, 78704 $1,150,000 4 4 2,505 0.17 Acre
1717 Bluebonnet Lane, Austin, TX, 78704 $695,000 3 2 1,380 0.16 Acre
3814 Southway Drive, Austin, TX, 78704 $1,450,000 8 8 4,030 0.20 Acre
1804 Cinnamon Path, Austin, TX, 78704 $689,900 4 4 2,314 0.16 Acre
1808 Cinnamon Path, Austin, TX, 78704 $649,900 4 4 2,634 0.16 Acre

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 09/29/2026 @ 15:26

MLS: 8687427 LISTED BY: Alexa Kanelos, Compass RE Texas, LLC 512-575-3644 SOURCE: ACTRIS

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