$1,180,000
 $6,334 est/mo Sourced by Back At You

401 W Live Oak St,Austin, TX 78704

Austin, TX 78704

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Description

Rare 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 offers three separate living spaces on one lot: a 2BR/2BA main house (approx. 1,104 SF) plus two private guest apartments behind it - ideal for an owner-occupant, multigenerational living, or an investor seeking rental income. The main house was renovated in 2021 with a remodeled bathroom, refinished original hardwood floors, fresh paint, a new refrigerator, and foam insulation in the walls and under the house. Windows have been updated throughout. The rear building has two independent units, each with its own private entrance and access to the gated yard: Upper (approx. 660 SF): 2BR/1BA, large porch screened in 2021, washer/dryer, updated HVAC. Leased to long-term tenants for approximately 10 years. Interior not yet updated - room to renovate.Lower (approx. 660 SF including storage area): 1BR/1BA, furnished, washer/dryer. Currently a short-term rental. The storage area may be converted to expand living space, subject to buyer verification of permitting. Current gross rental income is approximately $6,600/month ($79,200 annually) per seller. All three units are currently tenant-occupied; rent roll and lease details available upon request. A buyer's use of the main house is subject to current lease terms. Parking for up to 7 vehicles. Any STR use is subject to buyer verification of applicable city regulations and permitting. Owner pays utilities. Square footages per Travis CAD; approximate, buyer to verify. A flexible, income-supported property in one of Austin's most sought-after neighborhoods. Close to South Congress, South Lamar, and Lady Bird Lake, with restaurants, shopping, and entertainment nearby. The 8,612 SF corner lot may also offer redevelopment potential, subject to buyer verification of zoning and permitting.

Details

MLS #3738812
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1954
Days On Site31
Listing Provided ByCompass RE Texas, LLC | Alexa Kanelos

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,533
Story(s)1
Acreage0.20
Water FrontYes
Property ViewNone

Interior

Interior FeaturesTwo Primary Baths, Breakfast Bar, Stone Counters, High Speed Internet, Kitchen Island
CoolingCentral Air
HeatingCentral
AppliancesDishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
FlooringTile, Wood

Exterior

RoofMembrane, Shingle
Foundation DetailsSlab
Lot FeaturesBack Yard, Corner Lot, Front Yard, Level
Patio And Porch FeaturesCovered, Porch, Screened, Side Porch
FencingBlock, Wood
Construction MaterialsHardi Plank Type, Stone

Parking

Parking FeaturesAsphalt, Gravel, Outside

Utilities

UtilitiesElectricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property14686

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78704
Area6
Community NameShelton Willie I
School DistrictAustin ISD
Elementary SchoolTravis Hts
High SchoolTravis
Listing VS Median (in Shelton Willie I)
Price:
$1,180,000
low | high
Med:
$1,180,000
50% of Average
sqft:
2,533
low | high
Med:
2,533
50% of Average
$ / sqft:
$466
low | high
Med:
$466
50% of Average
On site:
31
low | high
Med:
22
100% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 at 10:52:21 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78704
Area6
Community NameShelton Willie I
School DistrictAustin ISD
Elementary SchoolTravis Hts
High SchoolTravis
Listing VS Median (in Shelton Willie I)
Price:
$1,180,000
low | high
Med:
$1,180,000
50% of Average
sqft:
2,533
low | high
Med:
2,533
50% of Average
$ / sqft:
$466
low | high
Med:
$466
50% of Average
On site:
31
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:43:07 PM PDT