401 W Live Oak ST Austin, TX 78704
5 Beds
4 Baths
2,533 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,533 sqft
Price per Sqft $414
Subdivision Shelton Willie I
MLS Listing ID 3738812
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1954
Annual Tax Amount $14,686
Tax Year 2026
Lot Size 8,611 Sqft
Acres 0.1977
Property Sub-Type See Remarks
Source actris
Property Description
Rare opportunity in the desirable Bouldin area of 78704, minutes from Downtown Austin! Situated on an approximately 8,612 SF (.198-acre) corner lot in prime Central Austin, this property offers three separate living spaces on one lot: a 2BR/2BA main house (approx. 1,104 SF) plus two private guest apartments behind it - ideal for an owner-occupant, multigenerational living, or an investor seeking rental income.
The main house was renovated in 2021 with a remodeled bathroom, refinished original hardwood floors, a new refrigerator, added insulation and updated windows.
The rear building has two independent units, each with its own private entrance and access to the gated yard:
Upper (approx. 660 SF): 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC. Leased to long-term tenants for approximately 10 years. Interior not yet updated - room to renovate.
Lower (approx. 660 SF including storage area): 1BR/1BA, furnished, washer/dryer. Currently a short-term rental. The storage area may be converted to expand living space, subject to buyer verification of permitting.
Current gross rental income is approximately $6,600/month ($79,200 annually) per seller. All three units are currently tenant-occupied; rent roll and lease details available upon request. A buyer's use of the main house is subject to current lease terms. Parking for up to 7 vehicles. STR use subject to buyer verification of city regulations and permitting. Owner pays utilities. Square footages per Travis CAD; approximate, buyer to verify.
A flexible, income-supported property in one of Austin's most sought-after neighborhoods. Near South Congress, South Lamar, and Lady Bird Lake, with dining, shopping, and entertainment nearby. The 8,612 SF corner lot may also offer redevelopment potential, subject to buyer verification of zoning and permitting.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 3
Interior
Interior Features Two Primary Baths, Breakfast Bar, Stone Counters, High Speed Internet, Kitchen Island
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
Exterior
Fence Block, Wood
Community Features None
Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Membrane,Shingle
Porch Covered, Porch, Screened, Side Porch
Total Parking Spaces 7
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Level
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type HardiPlank Type,Stone
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES