Date
Details
Price
Change
Source
3/03/2026
Listed
$3,450,000
—
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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$3,450,000
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Property Description
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.
Full Property Details
Full Property Details for 1605 Chelsea Ln #1 & 2
General
- Price: $3,450,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 4520523
- Updated: 3/16/2026
- Added to Site: 38 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Interior Steps, Multiple Living Areas, Main Level Primary, Pantry, Recessed Lighting, Track Lighting, Walk-In Closet(s)
- Appliances: Built-In Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliance(s)
- Flooring: Carpet Free, Tile, Wood
Rooms
Other Rooms
- Laundry: Main Level, Laundry Room
Additional Information
- Shared Amenities: Dog Park, Playground, Park, Sidewalks, Trails/Paths, Curbs
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: Balcony, Private Yard
- Porch/Patio/Deck: Covered, Deck, Patio, Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Electric Vehicle Charging Station(s)
Location
- Area: 6
- County: Travis
- Subdivision: Travis Heights
- Driving Directions: From I35 west on Woodland Ave and immediate first right on Chelsea. House on right.
- Direction Faces: West
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
Structural Information
- Detached/Attached: Detached
- Builder: Urban ATX
- Construction: Stucco, Wood Siding
- Roof: Metal
- Windows: Skylight(s), Window Coverings
- Stories/Levels: 2
- Square Feet: 4,400
- Sq. Ft. Source: Builder
- Living Area: 4,400 Sq. Ft.
- Year Built: 2018
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 0.272
- Lot Size (Sq. Ft.): 11,848.32
- Sidewalks: Yes
- Fence: Yes
- Lot Features: Interior Lot, Level, Trees Large Size, Xeriscape
- Fencing (Description): Fenced, Privacy, Wood
Green Features
- Water Conservation: Water-Smart Landscaping
Financial Considerations
- Assessment Amount: $2,135,830
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Financials
- Legal Description: 3020309020000
- Disclosures/Reports: Seller Disclosure
- Property ID: 1605 Chelsea Lane
- Lot Number: 1
Listed by Compass RE Texas, LLC
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Listing agents
— 1605 Chelsea Ln #1 & 2 —
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Schools
Schools serving 1605 Chelsea Ln #1 & 2
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Travis Heights Elementary School 2010 Alameda Drive, Austin, TX 78704 | K-5 | 0.4 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 0.7 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 0.8 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 1605 Chelsea Ln #1 & 2
Tax History
Tax History for 1605 Chelsea Ln #1 & 2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,231
—
$1,500,638
10%
2024
$18,231
-1%
$1,364,216
-43%
2022
$18,469
—
$2,411,988
34%
2022
$18,469
-7%
$1,805,747
76%
2021
$19,963
-31%
$1,024,955
-22%
2020
$29,131
4%
$1,308,290
—
2020
$28,061
—
$1,308,290
—
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 1605 Chelsea Ln #1 & 2
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- Single Family
- Active
- Updated 12 hours ago
- 6Beds
- 9Total Baths
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- Single Family
- Active
- Updated 9 hours ago
- 5Beds
- 5Total Baths
1605 Chelsea Lane #1 & 2, Austin, TX 78704 (MLS# 4520523) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1605 Chelsea Lane #1 & 2 is currently listed for $3,450,000 and was received on March 03, 2026. Want to learn more about 1605 Chelsea Lane #1 & 2? Do you have questions about finding other Duplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.