00000 Diane

Austin, TX 78745 · Travis County

$950,000Price
2,194Sq. Ft.
$433/ Sq. Ft.
00000 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 #ACT213688213
TypeCommercial Sale
Year Built1981
Living Area2,194 Sq. Ft.
Lot Size0.31 AC / 13,311 SF
CountyTravis
SubdivisionFord Place 2

Property Information

Parking

Off StreetSee Remarks

Utilities & Construction

Heat: Natural Gas, Wall FurnaceAC: Wall/Window Unit(s)Parquet, Vinyl, WoodFoundation: Pillar/Post/Pier

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

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT213688213 $950,000

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

Public Records

Total Sq. Ft.2,194
Year Built1981
Total Sq. Ft.2,194
Lot Size13,311 Sq. Ft.
StyleCommercial Sale
CountyTRAVIS
MLS #ACT213688213
$950,000
00000 Diane, Austin, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest

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