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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.
| LAST UPDATED | 12/9/2025 | TRACT | Ford Place 2 |
|---|---|---|---|
| YEAR BUILT | 1981 | COMMUNITY | Ford Place 2 |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Joslin |
|---|---|
| Jr. High School | Covington |
| High School | Crockett |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Range, Refrigerator |
| AREA | 10N |
| CONSTRUCTION | Frame |
| EXTERIOR | Balcony, Private Yard |
| HEAT | Natural Gas, Wall Furnace |
| INTERIOR | Ceiling Fan(s), See Remarks |
| LOT | 0.3056 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level |
| PARKING | Off Street, See Remarks |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Ford Place 2 |
| TAXES | 3863 |
| UTILITIES | Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | See Remarks, Neighborhood, Panoramic |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Dave Murray, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/9/25 6:03 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2025.