Date
Details
Price
Change
Source
10/10/2025
Listed
$1,650,000
—
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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$1,650,000
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Property Description
Rare .6-acre double lot in prime East Travis Heights with exceptional development potential and flexible seller financing. Elevated hilltop setting with downtown view potential in one of Austin's most desirable urban neighborhoods. Potential for up to six dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78704 with minimal upfront capital. Ideal for builders, investors, or developers seeking urban infill, boutique multifamily, luxury townhomes, or a private compound concept. Existing improvements provide optional interim use or holding income while development plans are finalized. Minutes to downtown Austin, South Congress, Lady Bird Lake, and East Austin's top dining and entertainment. Quiet, established neighborhood with strong resale and rental demand. Opportunities to acquire land of this size with favorable financing in East Travis Heights are extremely limited.
Full Property Details
Full Property Details for 1603 Taylor Gaines St
General
- Price: $1,650,000
- Taxes: $18,629 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 1242790
- Updated: 2/10/2026
- Added to Site: 155 day(s) ago
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Private Yard
Location
- Area: 9
- County: Travis
- Subdivision: SUMMIT HILL
- Driving Directions: EAST OF I-35TAKE WOODLAND LEFT ON SUMMIT, RIGHT ON TAYLOR-GAINES
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Travis Hts
- Middle School: Lively
- High School: Travis
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: City
- Lot Size (Acres): 0.6005
- Lot Size (Sq. Ft.): 26,157.78
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Garden, Level, Trees Large Size, Trees Medium Size
- Fencing (Description): Partial, Wood
Financial Considerations
- Assessment Amount: $940,000
- Tax Amount: $18,629.05
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 5-6 SUMMIT HILL
- Disclosures/Reports: Seller Disclosure
- Property ID: 3030507060000
- Lot Number: 5-6
Listed by Moreland Properties
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Listing agent
— 1603 Taylor Gaines St —
Moreland Properties
(512) 480-0848
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Schools
Schools serving 1603 Taylor Gaines St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Travis Heights Elementary School 2010 Alameda Drive, Austin, TX 78704 | K-5 | 0.6 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 0.9 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1603 Taylor Gaines St
Tax History
Tax History for 1603 Taylor Gaines St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,643
—
$940,000
-33%
2024
$27,643
-18%
$1,394,814
-1%
2022
$33,842
—
$1,402,366
-18%
2022
$33,842
153%
$1,713,600
148%
2021
$13,351
-4%
$689,938
10%
2020
$13,966
4%
$627,216
—
2020
$13,453
8%
$624,108
10%
2018
$12,462
-1%
$567,371
2%
2016
$12,605
2%
$553,825
-2%
2017
$12,351
15%
$565,194
21%
2015
$10,738
16%
$467,663
22%
2013
$9,293
—
$384,657
2%
2013
$9,293
—
$377,283
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1603 Taylor Gaines St
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- Updated 22 hours ago
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- Updated 1 day ago
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1603 Taylor Gaines Street, Austin, TX 78741 (MLS# 1242790) is a Lots/Land property with a lot size of 0.6005 acres. 1603 Taylor Gaines Street is currently listed for $1,650,000 and was received on October 10, 2025. Want to learn more about 1603 Taylor Gaines Street? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.