Address
401 W Live Oak St, Austin, TX
Price
$ 1,180,000
Property Attributes
- MLS#3738812
- TypeSingle Family
- Listing Status Active
- CountyTRAVIS
- CityAustin
- Area6
- NeighborhoodShelton Willie I
- Zip78704
- Style
- Year Built1954
- Taxes$ 14687
- Price$ 1,180,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2533
- Lot Size0.1977 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
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, fresh paint, a new refrigerator, and foam insulation in the walls and under the house. Windows have been updated throughout. 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. Any STR use is subject to buyer verification of applicable 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. Close to South Congress, South Lamar, and Lady Bird Lake, with restaurants, shopping, and entertainment nearby. The 8,612 SF corner lot may also offer redevelopment potential, subject to buyer verification of zoning and permitting.
| Elementary School | Middle School | High School |
|---|---|---|
| Travis Hts Elementary School | Lively Middle School | Travis High School |
| Price History | |
|---|---|
| 9/10/2026 | Listed $1,180,000 |
General Features
| Living Area | 2533 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,High Speed Internet,Natural Gas Connected,Sewer Connected,Water Connected |
| Roof | Membrane,Shingle |
| Appliances | Dishwasher,Free-Standing Electric Range,Free-Standing Gas Range,Free-Standing Refrigerator,Washer/Dryer,Water Heater |
| Patio/Porch Features | Covered,Porch,Screened,Side Porch |
| Construction Materials | HardiPlank Type,Stone |
| Year Built | 1954 |
| View | None |
| Levels | One |
| Property Subtype | See Remarks |
| Tax Year | 2026 |
| Waterfront Features | None |
| Community Features | None |
| County | Travis |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Shelton Willie I |
| Other Structures | Guest House,Shed(s) |
| Full Baths | 4 |
| Status | Active |
| Directions | From Downtown: Take S. 1st St. south. Turn left on W. Live Oak St. Property will be on the right. From TX-71: Take S. Congress Ave. north,turn left on W. Live Oak St. Property will be on the left. P |
| High School | Travis |
| City | Austin |
| Disclosures | Lead Base Paint Addendum,Seller Disclosure,Seller Provided Survey Available |
| MLS Area | 6 |
| Lot Size Square Feet | 8611.81 |
| Elementary School | Travis Hts |
| Tax Annual Amount | 14686.72 |
| Middle/Junior High School | Lively |
| Property Condition | Resale |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 682243 |
Interior Features
| Interior Amenities | Two Primary Baths,Breakfast Bar,Stone Counters,High Speed Internet,Kitchen Island |
|---|---|
| Flooring | Tile,Wood |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
Exterior Features
| Fencing | Block,Wood |
|---|---|
| Parking Features | Asphalt,Gravel,Outside |
| Lot Features | Back Yard,Corner Lot,Front Yard,Level |
| Water Source | Public |
| Total Parking | 7 |
| Foundation Details | Slab |
| Lot Size Acres | 0.1977 |
| Waterfront Y/N | No |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78704
Price
Taxes
Year Built
Visits
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Information provided courtesy of LERA MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 27, 2026 7:27 PM UTC
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
