Date
Details
Price
Change
Source
9/10/2026
Listed
$1,180,000
—
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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Property Description
Rare income-producing and redevelopment opportunity in highly desirable 78704! Situated on an approximately 8,612 SF (.198-acre) corner lot in a prime Central Austin location, this versatile property features three separate living spaces and approximately $6,600 per month ($79,200 annually) in current gross rental income, offering an exceptional opportunity for an investor, owner-occupant, or builder. The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. A separate rear building includes two additional living spaces: an approximately 879 SF upstairs 2-bedroom, 1-bath Unit A, currently leased to long-term tenants, and an approximately 550 SF furnished 1-bedroom, 1-bath garage apartment, Unit B, currently operated as a short-term rental (STR). Both rear units may offer potential for short-term rental use, subject to buyer verification of applicable city regulations, permitting, and requirements. Owner pays utilities. The property offers income from day one with meaningful value-add potential. Unit A has not been updated, creating an opportunity to renovate and potentially increase rental income. Numerous improvements have been completed throughout the property, enhancing its immediate income-producing appeal. For investors, the property can be held as an income-producing property, renovated to maximize rental income, or explored for future redevelopment. The 8,612 SF corner lot may offer potential for three separate residences, subject to buyer verification of zoning, permitting, and development requirements. The flexible layout provides options for maximizing current income and future value. Ideally located just minutes from Downtown Austin, with easy access to South Congress, South Lamar, Lady Bird Lake, restaurants, shopping, and entertainment, this is a rare opportunity to acquire an income-producing property with multiple paths for future upside in one of Austin's most sought-after neighborhoods.
Full Property Details
Full Property Details for 401 W Live Oak St
General
- Price: $1,180,000
- Taxes: $14,686 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 3738812
- Updated: 9/10/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 3
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Covered, Porch, Screened, Side Porch
Parking
- Total Spaces: 7
- Parking Features: Asphalt, Gravel, Outside
Location
- Area: 6
- County: Travis
- Subdivision: Shelton Willie I
- Driving Directions: From Downtown: Take S. 1st St. south. Turn left on W. Live Oak St. Property will be on the right. From TX-71: Take S. Congress Ave. north, turn left on W. Live Oak St. Property will be on the left. Parking is easiest from Wilson St., with a driveway that accommodates several cars.
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
- Utility Description: Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Stone
- Roof: Membrane, Shingle
- Stories/Levels: 1
- Square Feet: 2,533
- Sq. Ft. Source: Public Records
- Living Area: 2,533 Sq. Ft.
- Year Built: 1954
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Shed(s)
Lot Features
- Lot Size (Acres): 0.1977
- Lot Size (Sq. Ft.): 8,611.81
- Fence: Yes
- Lot Features: Back Yard, Corner Lot, Front Yard, Level
- Fencing (Description): Block, Wood
Financial Considerations
- Assessment Amount: $682,243
- Tax Amount: $14,686.72
- Tax Year: 2026
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Disclosure(s), Rent Rolls, Survey
- Legal Description: LOT 1 SHELTON WILLIE I SUBD
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 4030102120000
- Lot Number: 1
Listed by Compass RE Texas, LLC
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Listing agent
— 401 W Live Oak St —
Compass RE Texas, LLC
(512) 751-3022
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Schools
Schools serving 401 W Live Oak 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 | 0.3 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 1 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 401 W Live Oak St
Tax History
Tax History for 401 W Live Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,484
—
$682,243
-16%
2024
$1,484
—
$807,654
—
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 401 W Live Oak St
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- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 6Total Baths
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- Single Family
- Active
- Updated 8 hours ago
- 5Beds
- 6Total Baths
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 4Total Baths
401 W Live Oak Street, Austin, TX 78704 (MLS# 3738812) is a Single Family property with 5 bedrooms and 4 full bathrooms. 401 W Live Oak Street is currently listed for $1,180,000 and was received on September 10, 2026. Want to learn more about 401 W Live Oak Street? 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.