405 Academy Drive, Austin

$2,850,000

4 Beds
2 Baths
1,702 Sqft
.68 Acre
0 Garage

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.

Essential Information
MLS® #1959602
Price$2,850,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,702
Acres0.68
Year Built2007
TypeResidential
Sub-TypeSingle Family Residence
StatusActive Under Contract
Community Information
Address405 Academy Drive
Area6
SubdivisionFairview Park
CityAustin
CountyTravis
StateTX
Zip Code78704
Amenities
FeaturesNone
ParkingDriveway
ViewCity
WaterfrontNone
Has PoolYes
Utilities

Electricity Connected, Sewer Connected, Water Connected

Interior
InteriorSee Remarks
HeatingCentral
# of Stories2
StoriesTwo
Appliances

Cooktop, Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer

Exterior
Lot DescriptionSee Remarks
RoofMetal
ConstructionHardiPlank Type
FoundationSlab
Exterior Features

Balcony, Private Yard, See Remarks, Uncovered Courtyard

School Information
DistrictAustin ISD
ElementaryTravis Hts
MiddleLively
HighTravis
Additional Information
Date ListedMarch 18th, 2025
Days on Market30
Listing Details
Office Contact(512) 480-0848
LISTING MAP

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 27th, 2025 at 1:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.