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0000 Diane Drive

Austin TX 78745

4
4
4
2194 sq. ft.
13311.94 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away — walk or bike to El Chilito, Randall’s Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.

Features

4 bedrooms
4 bathrooms
4 carspaces
2194 sq. ft. floor area
13311.94 sq. ft. lot size
Single-Family

Happy sellers in Austin

90%
90% of sellers in Austin reported that their sale price either exceeded or met their price expectations.

Austin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Austin over the last 12 months.

Local market activity for 4 bedroom single-family properties in Austin

In the last 12 months, 111 four-bedroom single-family properties similar to 0000 Diane Drive, have been sold.

This represents a 10% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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