405 Academy Drive, Austin, TX

$2,850,000

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4

Beds

2

Baths

1,702

Square feet

0.68

Acres

About 405 Academy Drive

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 of 405 Academy Drive

MLS® # 1959602
Price $2,850,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,702
Acres 0.68
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Status Active Under Contract

Community Information

Address 405 Academy Drive
Area 6
Subdivision Fairview Park
City Austin
County Travis
State TX
Zip Code 78704

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Features None
Parking Driveway
View City
Is Waterfront No
Waterfront None
Has Pool Yes

Interior

Interior See Remarks
Appliances Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
Heating Central
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Private Yard, Balcony, See Remarks, Uncovered Courtyard
Lot Description See Remarks
Roof Metal
Construction HardiPlank Type
Foundation Slab

School Information

District Austin ISD
Elementary Travis Hts
Middle Lively
High Travis

Additional Information

Date Listed March 18th, 2025
Days on Market 72
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMoreland Properties
Contact Info(512) 480-0848

Listing Map

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