000 Diane Dr, Austin, TX 78745
Local realty services provided by:ERA Brokers Consolidated
Listed by: dave murray
Office: keller williams realty
MLS#:6325971
Source:ACTRIS
Price summary
- Price:$950,000
About this home
Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin’s most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots — offering the potential for 7 lots (Buyer to verify). Whether you’re an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away — walk or bike to El Chilito, Randall’s Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.
Contact an agent
Home facts
- Listing ID #:6325971
- Updated:December 14, 2025 at 04:22 PM
Schools
- High school:Crockett
- Elementary school:Joslin
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
New listings near 000 Diane Dr
- New
$342,500Active5 beds 4 baths2,316 sq. ft.8453 Sweet Cherry Lane, Magnolia, TX 77354
MLS# 62948910Listed by: UPTOWN REAL ESTATE GROUP, INC. - Open Sun, 11am to 2pmNew
$1,050,000Active4 beds 4 baths1,863 sq. ft.1101 Manlove St, Austin, TX 78741
MLS# 3872287Listed by: EXP REALTY, LLC - New
$575,000Active3 beds 2 baths1,500 sq. ft.7010 Meadow Run, Austin, TX 78745
MLS# 6856261Listed by: COMPASS RE TEXAS, LLC - New
$799,000Active2 beds 2 baths1,176 sq. ft.1821 Westlake Dr #109, Austin, TX 78746
MLS# 7069103Listed by: MORELAND PROPERTIES - New
$315,000Active3 beds 2 baths1,364 sq. ft.9406 N Creek Dr, Austin, TX 78753
MLS# 9744781Listed by: GOERGEN REALTY - Open Sun, 1 to 3pmNew
$450,000Active3 beds 3 baths2,125 sq. ft.9408 Hunter Ln, Austin, TX 78748
MLS# 2396177Listed by: KUPER SOTHEBY'S INT'L REALTY - Open Sun, 1 to 3pmNew
$949,000Active3 beds 4 baths3,595 sq. ft.5700 Greenledge Cv, Austin, TX 78759
MLS# 4046948Listed by: PURE REALTY - New
$950,000Active3 beds 3 baths1,836 sq. ft.4517 Bull Creek Rd, Austin, TX 78731
MLS# 7637304Listed by: WEST AUSTIN PROPERTIES - New
$250,000Active3 beds 2 baths1,233 sq. ft.7207 Thannas Way, Austin, TX 78744
MLS# 4393989Listed by: KELLER WILLIAMS REALTY - New
$1,449,000Active3 beds 2 baths1,838 sq. ft.1712 W 10th St W, Austin, TX 78703
MLS# 6126725Listed by: AUSTINREALESTATE.COM