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000 Diane Dr, Austin, TX 78745

Austin
Local realty services provided by:CENTURY 21 North East
Listed by: dave murray
Office: keller williams realty
MLS#:6325971
Source:ACTRIS
000 Diane Dr,Austin, TX 78745
$950,000
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  • 0.31 Acres
  • Lots / Land
  • Active

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...

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Home facts

  • Subdivision & Development:Ford Place 2
  • Listing ID #:6325971
  • Updated:August 12, 2026 at 02:28 PM

Structure and exterior

  • Lot area:0.31 Acres
  • Lot Features:Corner Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
  • Exterior Features:Balcony, Private Yard

Schools

  • High school:Crockett
  • Elementary school:Joslin

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated August 8, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS. ACTRIS Member Broker: Lisa Shaw

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