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$1,500,000

1603 Taylor Gaines ST, Austin, TX 78741

SUMMIT HILL

Acres0.60

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 Details

Property TypeMulti-Family
MLS #3244031
Days on Market202
Lot Size0.60 acres
Listed6/4/2026
Last Updated6/4/2026

Location

County
Travis
School District
Austin ISD
MLS Area
9

Size

Lot Description
Back Yard, Front Yard, Garden, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
$/Acre
$2,497,918

Improvements

Fence
Partial, Wood
Exterior Features
Private Yard
View
City
Community Features
None

Location

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Listing provided by Dru Brown · Moreland Properties · (512) 658-5428

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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$1,500,000