Austin, TX 78704 1401 Drake Ave
$1,200,000
6 more
Presented By: Compass RE Texas, LLC;
Home Details
The Fairview Portfolio – Core Travis Heights Investment - This unique opportunity consists of five contiguous properties located just east of South Congress Avenue in the highly sought-after Travis Heights neighborhood. The portfolio includes ten residential units—eight of which are currently leased—providing immediate income and value-add potential. Situated in an unbeatable location with walkable access to South Congress dining, retail, and nightlife, these properties are ideal for buy-and-hold investors or developers exploring multi-unit redevelopment options.
Presented By: Compass RE Texas, LLC;
Interior Features for 1401 Drake Ave
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
General for 1401 Drake Ave
Additional Parcels Y/NYes
CityAustin
Community FeaturesNone
CountyTravis
DirectionsHeading south on South Congress Avenue, turn east on Monroe and south onto Drake Avenue
DisclosuresSeller Provided Survey Available
Elementary SchoolTravis Hts
HOANo
High SchoolTravis
Lot Size Square Feet8572.61
MLS Area6
Middle/Junior High SchoolLively
New ConstructionNo
Other StructuresNone
Property SubtypeMultiple Lots (Adjacent)
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFairview Park
Tax Annual Amount14834.63
Tax Assessed Value1017134
Tax Year2025
UtilitiesElectricity Connected
ViewDowntown
Waterfront FeaturesNone
ZoningSF-3
Exterior for 1401 Drake Ave
Horse Amenities None
Horse Y/NNo
Lot FeaturesNone
Lot Size Acres0.1968
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Travis Hts Elementary School
Middle School
Lively Middle School
High School
Travis High School
Kevin P. Scanlan
Broker