1603 Taylor Gaines St, Austin, TX 78741

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
3244031
Days on Market
55
Lot Size
26,157
Area
Austin - Southeast

Property Description

Rare .6-acre double lot in prime East Travis Heights with exceptional development potential and flexible seller financing. Elevated hilltop setting with downtown view potential in one of Austin’s most desirable urban neighborhoods. Potential for up to six dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78704 with minimal upfront capital. Ideal for builders, investors, or developers seeking urban infill, boutique multifamily, luxury townhomes, or a private compound concept. Existing improvements provide optional interim use or holding income while development plans are finalized. Minutes to downtown Austin, South Congress, Lady Bird Lake, and East Austin’s top dining and entertainment. Quiet, established neighborhood with strong resale and rental demand. Opportunities to acquire land of this size with favorable financing in East Travis Heights are extremely limited.

Additional Information

Taxes
$18,629
Tax Year
2025
Exterior Features
Private Yard
Region
Austin - Southeast
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City
School District
Austin ISD
Elementary School
Travis Hts
High School
Travis
Middle School
Lively
Sewer
Public Sewer
Street Name
Taylor Gaines St
Street Number
1603
Neighborhood
SUMMIT HILL
Water
Public
Acres
0.60
County
Travis
Lot Description
Back Yard, Front Yard, Garden, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)

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Calculator source: Real Geeks

Listing courtesy of Moreland Properties. Contact: (512) 480-0848

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