About 0000 Diane Drive
Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin’s most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots — offering the potential for 7 lots (Buyer to verify). Whether you’re an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away — walk or bike to El Chilito, Randall’s Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.
Residential home for sale in Austin, TX at 0000 Diane Drive. This 4 bedrooms and 4.00 bathrooms residential home is priced at $433.00/sqft
Features of 0000 Diane Drive
| MLS® # | 4090020 |
|---|---|
| Price | $950,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,194 |
| Acres | 0.31 |
| Year Built | 1981 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information: Austin
| Address | 0000 Diane Drive |
|---|---|
| Area | 10N |
| Subdivision | Ford Place 2 |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78745 |
Amenities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Features | None |
| Parking | Off Street, See Remarks |
| View | Neighborhood, Panoramic |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Vinyl, Wood, Parquet |
|---|---|
| Appliances | Dishwasher, Disposal, Gas Range, Refrigerator, See Remarks |
| Heating | Natural Gas, Wall Furnace |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Balcony, Private Yard, See Remarks |
|---|---|
| Lot Description | Corner Lot, Level, Trees Large Size, Trees Medium Size, Xeriscape |
| Roof | Metal |
| Construction | Frame |
| Foundation | Pillar/Post/Pier |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Joslin |
| Middle | Covington |
| High | Crockett |
Additional Information
| Date Listed | December 9th, 2025 |
|---|---|
| Days on Market | 35 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|---|
| Contact Details | (512) 751-6060 |