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$5,500,000
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Property Description
Rare South Austin development opportunity approved for 12 homes across six individual MF-3 zoned residential lots with potential downtown views. Located just off South 1st Street and only 1.5 miles from Lady Bird Lake, this site offers exceptional proximity to downtown, South Congress, South 1st retail, restaurants, and major lifestyle corridors. Four lots have already been leveled and are development-ready, with a 2,400 SF remodeled sales office currently onsite and a demo permit approved for immediate redevelopment. Site plans and approved plans are available upon request, providing a strong head start for a builder looking to move quickly. With new construction comps in the area selling for approximately $750-$835/SF, this is an ideal scale project for a mid-size builder seeking a rare multi-lot infill site in one of Austin's most supply-constrained locations. Extremely
Full Property Details
Full Property Details for 406 W Live Oak St
General
- Price: $5,500,000
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 7419089
- Updated: 4/30/2026
- Added to Site: 28 day(s) ago
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
Location
- Area: 6
- County: Travis
- Subdivision: GILLIS SIMON
- Driving Directions: FOUR BLOCKS W. OF CONGRESS AVENUE, NEAR OLTORF
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
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: See Remarks
Lot Features
- Lot Size (Acres): 0.95
- Lot Size (Sq. Ft.): 41,382
- Lot Dimensions: 220 x 230
- Topography: Level
- Lot Features: Corner Lot
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $5,500,000
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Site Plan, Survey
- Legal Description: LOT 1-13 GILLIS SIM
- Disclosures/Reports: Seller Disclosure
- Property ID: 406 W Live Oak Street
Listed by eXp Realty, LLC
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Schools
Schools serving 406 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 406 W Live Oak St
Date
Details
Price
Change
Source
4/30/2026
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 406 W Live Oak St
406 W Live Oak Street, Austin, TX 78704 (MLS# 7419089) is a Lots/Land property with a lot size of 0.95 acres. 406 W Live Oak Street is currently listed for $5,500,000 and was received on April 30, 2026. Want to learn more about 406 W Live Oak Street? Do you have questions about finding other Lots/Land 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.

