$1,500,000

1603 Taylor Gaines St.
Austin, TX 78741
4

BEDS

4

BATHS

3,527

SQ FT

.6

ACRE

26,158 SF

LOT SIZE

Historic Charm. Rare Scale. Two Ways to Own It.

Perched on a .6-acre double hilltop lot in East Travis Heights, this remodeled 1910 farmhouse offers something almost impossible to find this close to downtown: a move-in-ready home and one of the area's largest infill sites. Seller financing at 5% interest with only 10% down makes it possible to secure the land now and build on your own timeline.

As a Development Site

Scale in East Travis Heights, with Holding Income

This rare 26,158 SF double lot offers potential for up to 8 dwellings.* That suits luxury townhomes, boutique multifamily or a private compound. The existing home and apartment provide interim use or rental income while plans are finalized. Opportunities to acquire land of this size in East Travis Heights, with favorable financing, are extremely limited.

• Potential for up to 8 dwellings*

• Seller financing: 5% interest, 10% down ($150,000)

• Survey and construction packet ready to review

• Strong resale and rental demand minutes from downtown

Potential for up to eight dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78741 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.


*Potential for up to eight dwellings; buyer to verify.

As a Residence

A Private Urban Compound, Ready Now

The main home offers 2,627 SF of light-filled living space, thoughtfully updated while preserving its 1910 character: high ceilings, original fireplaces and gracious living spaces. A detached 900 SF apartment works for guests, rental income or a studio.

• 3 BR | 3 BA main home

• 1 BR | 1 BA detached apartment @ 900 SF

• Oversized garage for 6–9 cars with lifts

• Hilltop setting with downtown views

The oversized garage can accommodate 6-9 cars depending on lifts. Great option for a car collector!

Whether you’re seeking a private urban retreat, a prime investment for redevelopment, or a multi-use property with short or long term rental potential, this home offers unmatched flexibility and future upside.

Just minutes to downtown Austin, SoCo, Lady Bird Lake, the Hike & Bike Trail, and East Austin hotspots. Enjoy the peace and privacy of a quiet neighborhood combined with the benefits of urban living. This is more than just a home but is a canvas for your vision and is truly a must-see!

More Info

Details

Year Built: 1910
Subdivision: Summit Hill

Schools

Austin ISD:
Travis Heights Elementary School
Lively Middle School
Travis High School
More Info

Location

Minutes to downtown Austin, South Congress, Lady Bird Lake, the Hike & Bike Trail and East Austin's best dining. You get the peace and privacy of a quiet, established neighborhood with all the benefits of urban living.

Dru Brown

Dru Brown

REALTOR®, LUXURY LEAGUE

drubrown@moreland.com
(512) 658-5428
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