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1605 Chelsea Ln, Unit 1 & 2, Austin, TX 78704

$3,450,000
  • 1605 Chelsea Ln, Unit 1 & 2, Austin, TX 78704 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,400 MLS#4520523
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTravis Heights SCHOOLAustin ISD

Property Description

Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home ? its 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 todays 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 owners 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 Austins 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.

1605 Chelsea Ln, Unit 1 & 2 | MLS# 4520523

This multi-family property located at 1605 Chelsea Ln, Unit 1 & 2, Austin, TX 78704 is currently listed for sale with an asking price of $3,450,000. Chelsea Ln, Unit 1 & 2 is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fenced: Yes
Garage: 3 car attached
Heating: Central
Lot Size: 0.27 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $70,725
Year Built: 2018

Amenities

Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Eat-in Kitchen
Entrance Foyer
Interior Steps
Multiple Living Areas
Pantry
Primary Bedroom on Main
Recessed Lighting
Track Lighting
Walk-In Closet(s)
Balcony
Electric Car Plug-in
Private Yard

Feature Descriptions

Appliances: Built-In Oven(s), Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Stainless Steel Appliance(s)
Area #: 6
Community Features: Curbs, Dog Park, Park, Playground, Sidewalks
Days on Site: 10
Exterior: Wood Siding, Stucco
Fencimg: Fenced, Privacy, Wood
Flood Plain: No
Flooring: No Carpet, Tile, Wood
Lot: Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
Parcel#: 1605 Chelsea Lane
Parking: Attached, Garage, Garage Door Opener, Garage Faces Side
Parking Notes: Attached, Garage, Garage Door Opener, Garage Faces Si
Patio/Porch: Covered, Deck, Patio
Pets Allowed: Negotiable
Pool: In Ground
Sewer: Public Sewer
Utilities: Electricity Available, Internet-Cable, Natural Gas Available
Water: Public
Window: Skylight(s), Window Coverings

Local Schools

High School: Travis
Middle School: Lively
Elementary School: Travis Hts
School District: Austin ISD

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 484-3663

Shown By

Agency Title: Realty Capital City
Agency Phone: 512-744-4600

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Estimated Payment

$ 14,578.20 per month $7,678.20 Principal & Interest $5,893.75 Property Tax $1,006.25 Homeowner's Insurance

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