09/12/2026
JUST LISTED | INCOME-PRODUCING OPPORTUNITY | 78704
Three separate living spaces. Approximately $6,600/month in current gross rental income. An 8,612 SF corner lot in one of Austin's most sought-after locations.
401 W Live Oak offers a unique opportunity for an investor, owner-occupant or builder looking for income and future potential in the heart of 78704.
The property includes:
✨ 2BR/2BA main home
✨ 2BR/1BA upstairs residence
✨ 1BR/1BA furnished garage apartment currently operated as a short-term rental
✨ Approximately $6,600/month | $79,200 annually in current gross rental income
✨ 8,612 SF corner lot
✨ Multiple living spaces with value-add potential
✨ Minutes from Downtown Austin, South Congress, South Lamar & Lady Bird Lake
The upstairs residence offers an opportunity to renovate and potentially increase rental income, while the property also offers potential longer-term redevelopment possibilities, subject to buyer verification of zoning, permitting and development requirements.
Whether you're looking to hold for income, improve the existing rental operation, or explore future possibilities, this property offers multiple paths in one of Austin's most desirable neighborhoods.
401 W Live Oak St. | Austin, TX 78704
$1,180,000 | MLS #3738812
Message me for additional details or to schedule a private showing.
Alexa Kanelos | Compass RE Texas
512-751-3022
#78704