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405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
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405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
405 Academy Dr
Active Under Contract

405 Academy Dr

405 Academy DR, Austin, TX 78704

$2,850,000
$2,850,000

405 Academy Dr

4 Beds 2 Baths 1,702 Sq.Ft.

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.

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Location

405 Academy DR, Austin, TX 78704

Status

Active Under Contract
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.

4
beds

2
baths

1,702 Sq.Ft. LIVING AREA

0.68 Acres lot

Monica Painter

Monica Painter

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • full bathrooms2
  • Flooring See Remarks
  • APPLIANCES Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • other interior Features Multiple Dining Areas, Multiple Living Areas, Open Floorplan, See Remarks

Area & Lot

  • Status Active Under Contract
  • Living Area1,702 Sq.Ft.
  • Lot Area0.68 Acres
  • MLS® ID1959602
  • TypeResidential
  • YEAR BUILT2007
  • Water FrontageNone
  • View DescriptionCity
  • Elementary SchoolTravis Hts
  • Middle SchoolLively
  • High SchoolTravis
  • School DistrictAustin ISD

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • PoolAbove Ground
  • roofMetal
  • lot featuresSee Remarks
  • parkingDriveway
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • Disability FeaturesNone
  • security FeaturesNone
  • other exterior FeaturesBalcony, Uncovered Courtyard, Private Yard, See Remarks

Financial

  • Sales Price$2,850,000
  • Real Estate Tax $40,147/yr

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Moreland Properties

Austin
(512) 480-0848

3825 Lake Austin Blvd #501 Austin TX 78703

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(512) 263-3282

1005 Ranch Rd 620 S Lakeway TX 78734

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(512) 480-0848

200 Congress Ave #2B The Austonian Austin TX 78701

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