1605 Chelsea Ln Unit 1 & 2, Austin, TX 78704

$3,250,000
4,400
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,250,000
Status
ACTIVE
MLS#
4520523
Price Change
▼ $200,000 1776728108
Days on Market
146
Living Area
4,400
Lot Size
11,848
Area
Austin - South

Property Description

Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home — it’s a proven, high-performing investment opportunity operating as an active Airbnb with two fully independent units and two private pools. Designed by award-winning architect Davey McEathron, the front residence offers striking contemporary design paired with strong rental appeal. The 5-bedroom main home features soaring ceilings, walls of glass, warm wood floors, and seamless indoor-outdoor flow that today’s guests and luxury renters seek. A rooftop deck and private backyard pool create a true resort-style experience, while the spacious upstairs flex space adds versatility for larger groups. Premium upgrades — including a whole-house generator, motorized shades, retractable awning, and EV charger — enhance both guest comfort and long-term asset value. The detached 2-bedroom, approximately 1,100-square-foot back house is its own standalone income-producing unit, complete with a private pool and rooftop deck. Thoughtfully designed for privacy and style, it offers an ideal setup for maximizing short-term rental revenue, hosting extended stays, or providing an owner’s lock-and-leave retreat while continuing to generate income from the primary residence. With two distinct units, two pools, multiple rooftop decks, and a coveted location in one of Austin’s most walkable neighborhoods, this property delivers rare flexibility: operate both as short-term rentals, live in one and lease the other, or create a multi-generational compound. Just moments from parks, trails, and the dining and nightlife of South Congress, this is an extraordinary opportunity to own a turnkey, income-producing asset in an A+ location.

Additional Information

Tax Year
2025
Year Built
2018
Garage Spaces
3
Exterior Features
Balcony, Electric Car Plug-in, Private Yard
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Eat-in Kitchen, Entrance Foyer, Interior Steps, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Track Lighting, Walk-In Closet(s)
Roof
Metal
Appliances
Built-In Oven(s), Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Stainless Steel Appliance(s)
Construction
Wood Siding, Stucco
Region
Austin - South
View
No View
School District
Austin ISD
Elementary School
Travis Hts
High School
Travis
Middle School
Lively
Sewer
Public Sewer
Stories
2
Street Name
Chelsea Ln
Street Number
1605
Neighborhood
Travis Heights
Unit
1 & 2
Water
Public
Acres
0.27
County
Travis
Floor
No Carpet, Tile, Wood
Heating
Central
Lot Description
Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
Pool
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 484-3663

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.