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  5. 0000 Diane DR, Austin TX 78745

0000 Diane DR, Austin TX 78745

$ 950,000
0000 Diane DR, Austin TX 78745,
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Overview

  • Property ID
  • 2399137
  • 4 Bedrooms
  • 4 Bathrooms
  • 2,194 ft2
  • 0 ac

Description

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 Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.

Features

Outdoor Details
balcony
Other Features
Ceiling Fan(s)
Dishwasher
Disposal
Electrical Utility Available
Gas Range
Private Yard
Refrigerator
See Remarks

Details

Property Id : 2399137
Price: $ 950,000
Property Size: 2,194 ft2
Property Lot Size: 0 ac
Bedrooms: 4
Bathrooms: 4
Syndication Remarks: 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 Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.
Parking Features: Off Street, See Remarks
Lot Size(acres): 0.3056
Lot Size(sf): 13311.94
Country: US
Last Listing Change: 2025-12-09T23:11:47.040Z
Listing Detail URL: https://4425dianedr.relahq.com
Status Contractual Search Date: 2025-12-09
Listing Key Numeric: 213793134
Est. Taxes: 3863
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 26
State: TX
Last Status Change: December 9, 2025 at 11:11pm
Street Name: Diane
Laundry Location: Laundry Room
Street# Ext.: 0000
Street#: 0
Street Suffix: DR
#Dining: 1
#Living: 3
#Other Level Beds: 1
$/SF: 433
Tax Filled SF Total: 1432
Accessibility Features: None
Full Baths: 4
Half Baths: 0
Total Baths: 4
Community Features: None
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Covered Spaces: 0
Faces: West
Directions: From Ben White, South on Manchaca, Left on Redd, To Diane
Elem School: Joslin
Elem School District: Austin ISD
Fencing: Chain Link, Privacy
Fireplace Features: None
#Fireplaces: 0
Flooring: Parquet, Vinyl, Wood
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Natural Gas, Wall Furnace
High School: Crockett
High School District: Austin ISD
Levels: One
Listing ID: 4090020
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: Corner Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape
MLS Area Major: 10N
Main Level Beds: 3
Middle School: Covington
Middle School District: Austin ISD
Status: Active
Other Structures: Greenhouse, Outbuilding, Storage, Workshop
Parcel#: 0000DianeDr
Patio And Porch Features: Deck, Patio
Pool Features: None
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Metal
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Available, Natural Gas Available
View: See Remarks, Neighborhood, Panoramic
Water Source: Public
Waterfront Features: None
Window Features: Blinds
Year Built: 1981

Calculator

$ 6,505.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,803.72

Schedule Tour

Fri 12 Dec
Sat 13 Dec
Sun 14 Dec
Mon 15 Dec
Tue 16 Dec
Wed 17 Dec
Thu 18 Dec
Fri 19 Dec
Sat 20 Dec
Sun 21 Dec
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Schedule Tour

Fri 12 Dec
Sat 13 Dec
Sun 14 Dec
Mon 15 Dec
Tue 16 Dec
Wed 17 Dec
Thu 18 Dec
Fri 19 Dec
Sat 20 Dec
Sun 21 Dec
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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0000 Diane DR, Austin TX 78745

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Gerald Bodle, MBA