1605 Chelsea Ln #1 & 2, Austin, TX 78704
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: kelly ilse, danielle reali
Office: compass re texas, llc.
MLS#:4520523
Source:ACTRIS
1605 Chelsea Ln #1 & 2,Austin, TX 78704
$3,250,000
- - Beds
- - Baths
- 4,400 sq. ft.
- Multi-family
- Active
Price summary
- Price:$3,250,000
- Price per sq. ft.:$738.64
About this home
Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home — it’s a proven, high-performing investment opportunity operating as an active Airbnb with two fully independent units and two private pools.
Designed by award-winning architect Davey McEathron, the front residence offers striking contemporary design paired with strong rental appeal. The 5-bedroom main home features soaring ceilings, walls of glass, warm wood floors, and seamless indoor-outdoor flow that today’s guests and luxury renters seek. A rooftop deck and private backyard pool create a true resort-style experience, while the spacious upstairs flex space adds versatility for larger groups. Premium upgrades — including a whole-house generator, motorized shades, retractable awning, and EV charger — enhance both guest comfort and long-term asset value.
The detached 2-bedroom, approximately 1,100-square-foot back house is its own standalone income-producing unit, complete with a private pool and rooftop deck. Thoughtfully designed for privacy and style, it offers an ideal setup for maximizing short-term rental revenue, hosting extended stays, or providing an owner’s lock-and-leave retreat while continuing to generate income from the primary residence.
With two distinct units, two pools, multiple rooftop decks, and a coveted location in one of Austin’s most walkable neighborhoods, this property delivers rare flexibility: operate both as short-term rentals, live in one and lease the other, or create a multi-generational compound. Just moments from parks, trails, and the dining and nightlife of South Congress, this is an extraordinary opportunity to own a turnkey, income-producing asset in an A+ location....
Contact an agent
Home facts
- Year built:2018
- Listing ID #:4520523
- Updated:June 07, 2026 at 02:49 PM
Rooms and interior
- Flooring:Tile, Wood
- Kitchen Description:Built-In Oven(s), Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
- Living area:4,400 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2018
- Building area:4,400 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
- Construction Materials:Stucco, Wood Siding
- Exterior Features:Balcony, Electric Car Plug-in, Private Yard
- Foundation Description:Slab
Schools
- High school:Travis
- Elementary school:Travis Hts
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$738.64
Features and amenities
- Appliances:Built-In Oven(s), Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
- Amenities:Pantry
Parking
- Parking description:Attached, Garage, Garage Door Opener, Garage Faces Side
- Garage:Yes
- Garage spaces:3
New listings near 1605 Chelsea Ln #1 & 2
- New
$1,825,000Active5 beds 7 baths4,963 sq. ft.519 Woodside Ter, Austin, TX 78738
MLS# 1682466Listed by: CHRISTIES INTL REAL ESTATE LONE STAR - New
$675,000Active-- beds -- baths1,625 sq. ft.4611 Rosedale Ave, Austin, TX 78756
MLS# 3401498Listed by: LOCAL COLOR REALTY GROUP - New
$367,900Active4 beds 3 baths2,040 sq. ft.11116 Mickelson Dr, Austin, TX 78747
MLS# 3765153Listed by: SPYGLASS REALTY - New
$785,000Active4 beds 3 baths2,157 sq. ft.11502 Cherry Hearst Ct, Austin, TX 78750
MLS# 7189738Listed by: RELIVE REALTY LLC - New
$997,700Active3 beds 2 baths1,858 sq. ft.1205 E 9th St, Austin, TX 78702
MLS# 8704011Listed by: STARPOINTE REALTY CTX, LLC - New
$324,900Active3 beds 2 baths1,484 sq. ft.8807 High Valley Rd, Austin, TX 78737
MLS# 1234577Listed by: KYLE ODIORNE - New
$487,777Active4 beds 4 baths3,411 sq. ft.11007 Strawberry Roan Dr, Manor, TX 78653
MLS# 1229352Listed by: KEY REALTY AUSTIN - Open Sun, 1 to 3pmNew
$335,000Active5 beds 3 baths2,569 sq. ft.11516 Church Canyon Dr, Austin, TX 78754
MLS# 6451731Listed by: KELLER WILLIAMS REALTY - Open Sun, 1 to 3pmNew
$425,000Active3 beds 2 baths1,443 sq. ft.5409 Hunters Gln, Austin, TX 78745
MLS# 8624872Listed by: SPROUT REALTY - New
$850,000Active4 beds 3 baths1,906 sq. ft.1905 W Saint Johns Ave, Austin, TX 78757
MLS# 2333106Listed by: RE/MAX FINE PROPERTIES