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405 Academy DR
Austin, TX, 78704
$2,850,000
4 Beds
2 Baths
1,702 SqFt
0.68 Acres
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Rare 3/4 Acre Lot with 4BR/2BA Home – Steps from Downtown Austin!

Opportunities like this don’t come around often! This sprawling 3/4-acre lot 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 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: 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.

Property Details

Price:
$2,850,000
MLS #:
1959602
Status:
Active
Beds:
4
Baths:
2
Address:
405 Academy DR
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Fairview Park
City:
Austin
Listed Date:
Mar 18, 2025
State:
TX
Finished Sq Ft:
1,702
ZIP:
78704
Lot Size:
29,564 sqft / 0.68 acres (approx)
Year Built:
2007
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Schools

School District:
Austin ISD
Elementary School:
Travis Hts
Middle School:
Lively
High School:
Travis

Interior

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
See Remarks
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony, Uncovered Courtyard, Private Yard, See Remarks
Other Structures
Shed(s), Storage
Parking Features
Driveway
Roof
Metal

Financial

Taxes
$40,147

Map

Community

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405 Academy DR
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