1603 TAYLOR GAINES STREET, AUSTIN, TX 78741

Homes for sale in Austin.

Homes for sale in 78741.


1603 Taylor Gaines Street

Austin, TX 78741

Active

List Price$1,650,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #1242790

Lots / Land

Type

About This Property

Rare .6-acre double lot in prime East Travis Heights with exceptional development potential and flexible seller financing. Elevated hilltop setting with downtown view potential in one of Austin's most desirable urban neighborhoods. Potential for up to six dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78704 with minimal upfront capital. Ideal for builders, investors, or developers seeking urban infill, boutique multifamily, luxury townhomes, or a private compound concept. Existing improvements provide optional interim use or holding income while development plans are finalized. Minutes to downtown Austin, South Congress, Lady Bird Lake, and East Austin's top dining and entertainment. Quiet, established neighborhood with strong resale and rental demand. Opportunities to acquire land of this size with favorable financing in East Travis Heights are extremely limited.

Property Features

Location Information

County

Travis

Subdivision

SUMMIT HILL

County

Travis

Directions

EAST OF I-35TAKE WOODLAND LEFT ON SUMMIT, RIGHT ON TAYLOR-GAINES

Area

9

Exterior Features

Is New Construction

No

Lot Size in Acres

0.6

Exterior

Private Yard

Waterfront Description

None

Water / Sewer

Public Sewer

Has Waterfront

No

Water

Public

Has View

Yes

Fencing

Partial, Wood

View

City

School

Elementary School District

Austin ISD

Middle School

Lively

Elementary School

Travis Hts

High School

Travis

Additional Information

Other Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

APN

03030507060000

Property Type

LL

Status

Active

Property SubType

Multiple Parcels

Documents Available

Survey

Similar Listings

Mortgage Calculator

$7,705

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,945

Monthly Tax

$1,375

Monthly Insurance

$385

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder