405 Academy Drive

Austin TX 78704

1702 sq. ft.

29564.17 sq. ft.

Single-Family

Monica Painter, last sold this property on 23 October 2025 after 218 days on market.

Overview

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.

Features

4 bedrooms

2 bathrooms

6 carspaces

1702 sq. ft. floor area

29564.17 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Austin over the last 12 months, the estimated median property value of 405 Academy Drive is $1.86m.

Median value

$1.86m

Estimated value range

$1m - $2.92m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Austin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 405 Academy Drive

2025

Sold

Undisclosed

23 Oct 2025 by Monica Painter, of Moreland Properties - Austin

2023

Sold

Undisclosed

24 Mar 2023 by Roy Waley, of Horizon Realty

Happy sellers in Austin

We have insufficient information to provide an overview of customer satisfaction for Austin. Viewing the agent profiles, reviews and sales for Austin can provide insights for this location.