406 W LIVE OAK

Austin, TX 78704 · Travis County

$5,500,000Price
406 W LIVE OAK
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Description

Rare South Austin development opportunity approved for 12 homes across six individual MF-3 zoned residential lots with potential downtown views. Located just off South 1st Street and only 1.5 miles from Lady Bird Lake, this site offers exceptional proximity to downtown, South Congress, South 1st retail, restaurants, and major lifestyle corridors. Four lots have already been leveled and are development-ready, with a 2,400 SF remodeled sales office currently onsite and a demo permit approved for immediate redevelopment. Site plans and approved plans are available upon request, providing a strong head start for a builder looking to move quickly. With new construction comps in the area selling for approximately $750–$835/SF, this is an ideal scale project for a mid-size builder seeking a rare multi-lot infill site in one of Austin’s most supply-constrained locations. Extremely

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT228299025
TypeLand
Lot Size0.95 AC / 41,382 SF
CountyTravis
SubdivisionGILLIS SIMON

Property Information

Exterior

None

Community

None

Directions: FOUR BLOCKS W. OF CONGRESS AVENUE, NEAR OLTORF

Location

Property History

DateEventPrice
May 18, 2026 Listed (Active) · MLS# ACT228299025 $5,500,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Lot Size41,382 Sq. Ft.
StyleLand
CountyTRAVIS
MLS #ACT228299025

Schools

E
Travis Hts
Public · Elementary · Serves this home
M
Lively
Public · Middle School · Serves this home
H
Travis
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$5,500,000
406 W LIVE OAK, Austin, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest

For illustrative purposes only. Contact a lender for accurate figures.