401 W Live Oak St, Austin, TX 78704
Local realty services provided by:ERA Brokers Consolidated
Listed by: alexa kanelos
Office: compass re texas, llc.
MLS#:3738812
Source:ACTRIS
401 W Live Oak St,Austin, TX 78704
$1,050,000
- 5 Beds
- 4 Baths
- 2,533 sq. ft.
- Single family
- Active
Price summary
- Price:$1,050,000
- Price per sq. ft.:$414.53
About this home
Sold as one property: 401 & 401 1/2 W Live Oak St. Main house plus a rear building with an upper and a lower unit.
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, a new refrigerator, added insulation and updated windows.
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. STR use subject to buyer verification of 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. Near South Congress, South Lamar, and Lady Bird Lake, with dining, shopping, and entertainment nearby. The 8,612 SF corner lot may also offer redevelopment potential, subject to buyer verification of zoning and permitting....
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Home facts
- Year built:1954
- Subdivision & Development:Shelton Willie I
- Listing ID #:3738812
- Updated:October 24, 2026 at 03:29 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator
- Living area:2,533 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Membrane, Shingle
- Year built:1954
- Building area:2,533 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Back Yard, Corner Lot, Front Yard, Level
- Construction Materials:HardiPlank Type, Stone
- Foundation Description:Slab
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$414.53
- Tax amount:$14,687 (2026)
Features and amenities
- Appliances:Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
- Laundry features:Washer/Dryer
Parking
- Total parking spaces:7
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