1605 Chelsea LN # 2
Austin, TX, 78704
$3,450,000
Beds
0 Baths
4,400 SqFt
0.27 Acres
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MLS #4520523 image #0
Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home — it’s a proven, high-performing investment opportunity operating as an active Airbnb with two fully independent units and two private pools.

Designed by award-winning architect Davey McEathron, the front residence offers striking contemporary design paired with strong rental appeal. The 5-bedroom main home features soaring ceilings, walls of glass, warm wood floors, and seamless indoor-outdoor flow that today’s guests and luxury renters seek. A rooftop deck and private backyard pool create a true resort-style experience, while the spacious upstairs flex space adds versatility for larger groups. Premium upgrades — including a whole-house generator, motorized shades, retractable awning, and EV charger — enhance both guest comfort and long-term asset value.

The detached 2-bedroom, approximately 1,100-square-foot back house is its own standalone income-producing unit, complete with a private pool and rooftop deck. Thoughtfully designed for privacy and style, it offers an ideal setup for maximizing short-term rental revenue, hosting extended stays, or providing an owner’s lock-and-leave retreat while continuing to generate income from the primary residence.

With two distinct units, two pools, multiple rooftop decks, and a coveted location in one of Austin’s most walkable neighborhoods, this property delivers rare flexibility: operate both as short-term rentals, live in one and lease the other, or create a multi-generational compound. Just moments from parks, trails, and the dining and nightlife of South Congress, this is an extraordinary opportunity to own a turnkey, income-producing asset in an A+ location.
Listing Provided Courtesy of Compass RE Texas, LLC

Property Details

Price:
$3,450,000
MLS #:
4520523
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Travis Heights
Listed Date:
Mar 3, 2026
Finished Sq Ft:
4,400
Lot Size:
11,848 sqft / 0.27 acres (approx)
Year Built:
2018
PoolTravis HeightsAustin IsdTravis HtsLivelyTravisNoneNegotiable

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Schools

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

Interior

Appliances
Built-In Oven(s), Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Stainless Steel Appliance(s)
Cooling
Central Air
Flooring
No Carpet, Tile, Wood
Heating
Central

Exterior

Community Features
Curbs, Dog Park, Park, Playground, Sidewalks
Exterior Features
Balcony, Electric Car Plug-in, Private Yard
Other Structures
Guest House
Parking Features
Attached, Garage, Garage Door Opener, Garage Faces Side
Roof
Metal

Financial

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Multi Family in Austin as of Mar 10, 2026
161
Multi Family Listed
119
Avg DOM
301
Avg $ / SqFt
$804,211
Avg List Price

Property Summary

    Located in the Travis Heights subdivision, 1605 Chelsea LN # 2 Austin TX is a Multi Family for sale in Austin, TX, 78704. It is listed for $3,450,000 To schedule a showing of MLS#4520523 at 1605 Chelsea LN # 2 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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