1603 TAYLOR GAINES STREET, AUSTIN, TX 78741
Homes for sale in Austin.
Homes for sale in 78741.
List Price$1,500,000
1603 Taylor Gaines Street
Austin, TX 78741
Listing #3244031
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
Deed Restriction, Survey
Similar Listings
Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
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
Listing Courtesy of: Moreland Properties (512) 480-0848
© 2026 Austin Board of REALTORS® (ACTRIS). All rights reserved.
Listings courtesy of APPLICABLE MLS as distributed by MLSGRID. Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS® ACTRIS and their affiliates provide the MLS and all content therein " AS IS" and without any warranty, express or implied. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from ACTRIS through the date and time shown below.
Unlock MLS data last updated at June 6, 2026, 7:53 PM CT
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