Date
Details
Price
Change
Source
12/09/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$950,000
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Property Description
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.
Full Property Details
Full Property Details for 0000 Diane Dr
General
- Price: $950,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4090020
- Updated: 12/9/2025
- Added to Site: 39 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), See Remarks
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, See Remarks
- Flooring: Parquet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Private Yard, See Remarks
- Porch/Patio/Deck: Deck, Patio, Balcony
Parking
- Total Spaces: 4
- Parking Features: Off Street, See Remarks
Location
- Area: 10N
- County: Travis
- Subdivision: Ford Place 2
- Driving Directions: From Ben White, South on Manchaca, Left on Redd, To Diane
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Joslin
- Middle School: Covington
- High School: Crockett
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Metal
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 2,194
- Sq. Ft. Source: Public Records
- Living Area: 2,194 Sq. Ft.
- Year Built: 1981
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Greenhouse, Outbuilding, See Remarks, Storage, Workshop
Lot Features
- Property View: Neighborhood, Panoramic
- Lot Size (Acres): 0.3056
- Lot Size (Sq. Ft.): 13,311.94
- Fence: Yes
- Lot Features: Corner Lot, Level, Trees Large Size, Trees Medium Size, Xeriscape
- Fencing (Description): Chain Link, Privacy
Green Features
- Water Conservation: Water-Smart Landscaping
Financial Considerations
- Assessment Amount: $545,031
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Rent Rolls, Survey
- Legal Description: Lot 1 Blk F Ford Place 2
- Disclosures/Reports: Owner Is Listing Agent
- Property ID: 0000DianeDr
- Block: F
- Lot Number: 1
Listed by Keller Williams Realty
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Listing agent
— 0000 Diane Dr —
Keller Williams Realty
(512) 751-6060
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Price & Sales History for 0000 Diane Dr
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 5Total Baths
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
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0000 Diane Drive, Austin, TX 78745 (MLS# 4090020) is a Single Family property with 4 bedrooms and 4 full bathrooms. 0000 Diane Drive is currently listed for $950,000 and was received on December 09, 2025. Want to learn more about 0000 Diane Drive? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.