405 Academy DR
Austin, TX, 78704
$2,850,000
4 Beds
2 Baths
1,702 SqFt
0.68 Acres
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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.

Property Details

Price:
$2,850,000
MLS #:
1959602
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Fairview Park
Listed Date:
Mar 18, 2025
Finished Sq Ft:
1,702
Lot Size:
29,564 sqft / 0.68 acres (approx)
Year Built:
2007
PoolFairview ParkAustin IsdTravis HtsLivelyTravis

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Schools

School District:
Austin ISD
Elementary School:
Travis Hts
Middle School:
Lively
High School:
Travis

Interior

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
See Remarks
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony, Uncovered Courtyard, Private Yard, See Remarks
Other Structures
Shed(s), Storage
Parking Features
Driveway
Roof
Metal

Financial

Taxes
$40,147

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Sep 11, 2025
4,213
Single Family Listed
97
Avg DOM
391
Avg $ / SqFt
$1,018,264
Avg List Price

Property Summary

    Located in the Fairview Park subdivision, 405 Academy DR Austin TX is a Single Family for sale in Austin, TX, 78704. It is listed for $2,850,000 and features 4 beds, 2 baths, and has approximately 1,702 square feet of living space, and was originally constructed in 2007. The current price per square foot is $1,675. The average price per square foot for Single Family listings in Austin is $391. The average listing price for Single Family in Austin is $1,018,264. To schedule a showing of MLS#1959602 at 405 Academy DR in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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