$1,650,000

1603 Taylor Gaines ST, Austin, TX 78741

Land
Built in ——
0.6acre lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 6:19PM
Listing Office:: Moreland Properties : (512) 480-0848
Listing Agent:: Dru Brown : (512) 658-5428
MLS ID:: 1242790

General: Private Yard
Other Structures: Garage(s)

HOA Amenities: None
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: LOT 5-6 SUMMIT HILL03030507060000
View: City
Fencing: PartialWood

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Dru Brown , Moreland Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Travis Heights Elementary School

2010 Alameda Dr, Austin, TX, 78704

Grades EE-5

0.64 miles away

Lively Middle School

201 E Mary St, Austin, TX, 78704

Grades 6-8

0.94 miles away

Travis Early College School

1211 E Oltorf St, Austin, TX, 78704

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.