0000 Diane

Austin, TX 78745 · Travis County

$950,000Price
4Beds
0000 Diane
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▶ Virtual Tour

Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT213793134
TypeResidential
Year Built1981
Lot Size0.31 AC / 13,311 SF
CountyTravis
SubdivisionFord Place 2

Property Information

Interior

See RemarksCeiling Fan(s)

Exterior

See RemarksBalconyPrivate Yard

Appliances

See RemarksDishwasherDisposalGas RangeRefrigerator

Community

None

Parking

Off StreetSee Remarks

Utilities & Construction

Heat: Natural Gas, Wall FurnaceAC: Wall/Window Unit(s)Parquet, Vinyl, WoodRoof: MetalFoundation: Pillar/Post/Pier
🏊 Pool

Directions: From Ben White, South on Manchaca, Left on Redd, To Diane

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT213793134 $950,000

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

Public Records

Year Built1981
Beds4
Lot Size13,311 Sq. Ft.
StyleResidential
CountyTRAVIS
MLS #ACT213793134

Schools

E
Joslin
Public · Elementary · Serves this home
M
Covington
Public · Middle School · Serves this home
H
Crockett
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$950,000
0000 Diane, Austin, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest

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