0000 Diane DR, Austin TX 78745
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About This Property
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.
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Listing History
| Dec 9, 2025 | Listed | Listing Courtesy of Keller Williams Realty - dave@dmtx.com | $950,000 |
Frequently Asked Questions About 0000 Diane DR, Austin TX 78745
When was 0000 Diane DR, Austin TX 78745 built?
0000 Diane DR, Austin TX 78745 was built in 1981.
How much does 0000 Diane DR, Austin TX 78745 cost?
0000 Diane DR, Austin TX 78745 is listed for sale at $950,000. That is $433 per square foot.
How many bedrooms and bathrooms does 0000 Diane DR, Austin TX 78745 have?
0000 Diane DR, Austin TX 78745 has 4 bedrooms and 4 bathrooms (4 full) with 2,194 square feet of living space.
What school district is 0000 Diane DR, Austin TX 78745 in?
0000 Diane DR, Austin TX 78745 is in the Austin ISD school district. Assigned schools include Joslin (elementary), Covington (middle), Crockett (high school).
How big is the lot at 0000 Diane DR, Austin TX 78745?
The lot at 0000 Diane DR, Austin TX 78745 is 0.3056 acres, and the home has 2,194 square feet of living space.
What type of property is 0000 Diane DR, Austin TX 78745?
0000 Diane DR, Austin TX 78745 is a residential property.
What subdivision is 0000 Diane DR, Austin TX 78745 in?
0000 Diane DR, Austin TX 78745 is located in the Ford Place subdivision in Austin, TX.
How long was 0000 Diane DR, Austin TX 78745 on the market?
0000 Diane DR, Austin TX 78745 was on the market for 1 days, listed on December 9, 2025.
What heating and cooling does 0000 Diane DR, Austin TX 78745 have?
0000 Diane DR, Austin TX 78745 has natural gas, wall furnace heating and wall/window unit(s) cooling.
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