401 W Live Oak ST Austin, TX 78704
5 Beds
4 Baths
2,533 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,533 sqft
Price per Sqft $465
Subdivision Shelton Willie I
MLS Listing ID 3738812
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1954
Annual Tax Amount $14,686
Tax Year 2026
Lot Size 8,611 Sqft
Acres 0.1977
Property Sub-Type See Remarks
Source actris
Property Description
The main home, approximately 1,104 SF, offers 2 bedrooms and 2 baths. Behind it, a separate guest house features two private living quarters, each with its own entrance and gated yard access:
Upper Guest Quarters: approximately 879 SF, 2 bedrooms, 1 bath, with a large screened-in porch — currently leased to long-term tenants
Lower Guest Quarters: approximately 550 SF, 1 bedroom, 1 bath, fully furnished — currently operated as a short-term rental
Together, the property currently generates approximately $6,600/month ($79,200 annually) in gross rental income — offering flexibility for an owner-occupant to live in the main home while offsetting costs with the guest house, or to continue the property's income-producing use. Both guest units may offer continued rental potential, subject to buyer verification of applicable city regulations and permitting. Owner pays utilities.
Numerous improvements have been completed throughout the property, and the upper guest quarters offer additional opportunity for updating to personal taste.
Ideally located just minutes from Downtown Austin, with easy access to South Congress, South Lamar, Lady Bird Lake, restaurants, shopping, and entertainment — this is a rare chance to own a flexible, income-supported property in one of Austin's most sought-after neighborhoods. The 8,612 SF corner lot may also offer future redevelopment potential, subject to buyer verification of zoning and permitting.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 3
Interior
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
Exterior
Fence Block, Wood
Community Features None
Utilities Available Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Membrane,Shingle
Porch Covered, Porch, Screened, Side Porch
Total Parking Spaces 7
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Level
Foundation Slab
Level or Stories One
Structure Type HardiPlank Type,Stone
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Special Listing Condition Standard
Nearby School & Business
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