This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$1,180,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property Description
Rare 3-unit income-producing and redevelopment opportunity in the desirable Bouldin area of 78704, minutes from Downtown Austin! Situated on an approximately 8,612 SF (.198-acre) corner lot in prime Central Austin, this property generates approximately $6,600/month ($79,200 annually) in current gross rental income per seller, across three separate units - an exceptional opportunity for an investor, owner-occupant, or builder. UNIT MIX: Main House: +/-1,104 SF, 2BR/2BA, renovated 2021 Unit A (Rear Building, Upper): +/-660 SF, 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC - leased to long-term tenants in place approximately 10 years Unit B (Rear Building, Lower): +/-660 SF including storage area, 1BR/1BA, furnished, washer/dryer - currently operated as a short-term rental (STR) Each rear unit has its own private entrance and access to the gated yard. All three units are currently occupied; rent roll and lease details available upon request. Owner pays utilities. Parking for up to 7 vehicles. STR potential for the other units is subject to buyer verification of applicable city regulations, permitting, and requirements. SF per Travis CAD; approximate, buyer to verify. Income from day one, with clear value-add upside: Unit A's interior has not been updated, presenting an opportunity to renovate and potentially increase rental income, and the storage area may be converted to expand Unit B's living space, subject to buyer verification of permitting. 2021 Main House updates include a remodeled bathroom, refinished original hardwood floors, fresh paint, new refrigerator, and foam insulation in the walls and under the house. Updated windows throughout. Investment paths: hold as a stabilized income-producing asset, renovate Unit A and expand Unit B to increase rents, or pursue redevelopment. The corner lot may support redevelopment into up to three separate residences, subject to buyer verification of zoning.
Full Property Details
Full Property Details for 401 W Live Oak St
General
- Price: $1,180,000
- Taxes: $14,686 (2026)
- Status: Active
- Type: Triplex
- Source: Austin_MLS
- MLS ID: 8687427
- Updated: 9/28/2026
- Added to Site: 14 day(s) ago
Interior
- Interior Features: See Remarks
- Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Washer
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: None
- Security/Safety: Security Fence
- Equipment: None
Exterior
- Exterior Features: Private Entrance, Private Yard, See Remarks
- Porch/Patio/Deck: Covered, Porch, Side Porch, Patio, Screened
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.
- Direction Faces: North
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
- Utility Description: Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, Stone
- Roof: Membrane, Shingle
- Windows: See Remarks
- 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
- Owner Pays: All Utilities, Electricity, Insurance, Internet, Taxes, Trash Collection, Water
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Disclosure(s), Lease, Rent Rolls, Survey
- Legal Description: LOT 1 SHELTON WILLIE I SUBD, PID: 04030102120000
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: 4030102120000401
- Lot Number: 1
Listed by Compass RE Texas, LLC
Get Pre-Approved Today
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
Date
Details
Price
Change
Source
9/28/2026
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.
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
401 W Live Oak St, Austin, TX 78704 (MLS# 8687427) is a Triplex property with 0 bedrooms and 0 full bathrooms. 401 W Live Oak St is currently listed for $1,180,000 and was received on September 28, 2026. Want to learn more about 401 W Live Oak St? Do you have questions about finding other Triplex real estate for sale in Bouldin Creek? You can browse all Bouldin Creek real estate or contact a Coldwell Banker agent to request more information.

