1605 Chelsea LN # 2, Austin TX 78704,Austin,Travis,Residential Income

$ 3,250,000
1605 Chelsea LN # 2, Austin TX 78704,

Overview

  • Property ID
  • 2738162
  • 4,400 ft2
  • 0 ac

Description

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.

Outdoor Details
balcony
Garage Attached
Other Features
Breakfast Bar
Built-in Features
Built-In Oven(s)
Ceiling Fan(s)
Dishwasher
Disposal
Double Oven
Eat-in Kitchen
Electric Car Plug-in
Electrical Utility Available
Entrance Foyer
Gas Cooktop
Has Garage
Has Pool
High Ceilings
Interior Steps
Microwave
Multiple Living Areas
Pantry
Primary Bedroom on Main
Private Yard
Recessed Lighting
Stainless Steel Appliance(s)
Track Lighting
Walk-In Closet(s)
Property Id : 2738162
Price: $ 3,250,000
Property Size: 4,400 ft2
Property Lot Size: 0 ac
Syndication Remarks: 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.
Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side
Lot Size(acres): 0.272
Lot Size(sf): 11848.32
Country: US
Active Open House(s): 0
Last Listing Change: 2026-05-04T20:21:13.387Z
Status Contractual Search Date: 2026-03-03
Listing Key Numeric: 221037275
Est. Taxes: 70725
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 40
Last Price Change: April 20, 2026 at 06:23pm
State: TX
Last Status Change: April 20, 2026 at 06:26pm
Street Name: Chelsea
Laundry Location: Laundry Room, Main Level
Street# Ext.: 1605
Street#: 1605
Street Suffix: LN
Open House(s): 0
Upcoming Open House(s): Public: Sat Mar 7, 12:00PM-2:00PM
$/SF: 738.64
Unit Mix: See Remarks
Unit Room Type: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Kitchen, Dining Room, Living Room
Accessibility Features: None
Builder Name: Urban ATX
Community Features: Curbs, Dog Park, Park, Playground, Sidewalks
Construction Materials: Wood Siding, Stucco
Cooling: Central Air
Covered Spaces: 3
Faces: West
Directions: From I35 west on Woodland Ave and immediate first right on Chelsea. House on right.
Elem School: Travis Hts
Elem School District: Austin ISD
Fencing: Fenced, Privacy, Wood
#Fireplaces: 0
Flooring: No Carpet, Tile, Wood
Foundation Details: Slab
Garage Spaces: 3
Heating: Central
High School: Travis
High School District: Austin ISD
Levels: Two
Listing ID: 4520523
Listing Terms: Cash, Conventional
SF Source: Builder
Lot Features: Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
MLS Area Major: 6
Middle School: Lively
Middle School District: Austin ISD
Status: Active
Other Structures: Guest House
Parcel#: 1605 Chelsea Lane
Patio And Porch Features: Covered, Deck, Patio
Pets Allowed: Negotiable
Pool Features: In Ground
Property Condition: Resale
Roof: Metal
Sewer: Public Sewer
Special Listing Conditions: Standard
Unit#: 1 & 2
Utilities: Electricity Available, Internet-Cable, Natural Gas Available
View: None
Water Source: Public
Waterfront Features: None
Window Features: Skylight(s), Window Coverings
Year Built: 2018
$ 22,256.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 16,433.77
Fri 26 Jun
Sat 27 Jun
Sun 28 Jun
Mon 29 Jun
Tue 30 Jun
Wed 01 Jul
Thu 02 Jul
Fri 03 Jul
Sat 04 Jul
Sun 05 Jul
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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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