1605 Chelsea LN # 2, Austin TX 78704

Austin, TX 78704 | Travis Heights | Built by Urban ATX

$3,450,000 $784/sqft
0 Beds
Baths
4,400 Sq Ft
0.272 Acres
2018 Built
3 Garage

About This Property

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.

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Eat-in Kitchen
  • Entrance Foyer
  • Interior Steps
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Track Lighting
  • Walk-In Closet(s)

Location

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Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential Income
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Electric Car Plug-in, Private Yard
County Travis
MLS # 4520523

Parking

Garage 3 spaces

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Listing History

MLS# 4520523 - Updated Mar 5, 2026 1 days
Mar 3, 2026 Listed Listing Courtesy of Compass RE Texas, LLC - kilse@​compass.com $3,450,000

Frequently Asked Questions About 1605 Chelsea LN # 2, Austin TX 78704

When was 1605 Chelsea LN # 2, Austin TX 78704 built?

1605 Chelsea LN # 2, Austin TX 78704 was built in 2018.

How much does 1605 Chelsea LN # 2, Austin TX 78704 cost?

1605 Chelsea LN # 2, Austin TX 78704 is listed for sale at $3,450,000. That is $784 per square foot.

What school district is 1605 Chelsea LN # 2, Austin TX 78704 in?

1605 Chelsea LN # 2, Austin TX 78704 is in the Austin ISD school district. Assigned schools include Travis Hts (elementary), Lively (middle), Travis (high school).

How big is the lot at 1605 Chelsea LN # 2, Austin TX 78704?

The lot at 1605 Chelsea LN # 2, Austin TX 78704 is 0.272 acres, and the home has 4,400 square feet of living space.

What type of property is 1605 Chelsea LN # 2, Austin TX 78704?

1605 Chelsea LN # 2, Austin TX 78704 is a residential income property.

Does 1605 Chelsea LN # 2, Austin TX 78704 have a garage?

Yes, 1605 Chelsea LN # 2, Austin TX 78704 has a 3-car garage.

What subdivision is 1605 Chelsea LN # 2, Austin TX 78704 in?

1605 Chelsea LN # 2, Austin TX 78704 is located in the Travis Heights subdivision in Austin, TX.

How long was 1605 Chelsea LN # 2, Austin TX 78704 on the market?

1605 Chelsea LN # 2, Austin TX 78704 was on the market for 1 days, listed on March 3, 2026.

What heating and cooling does 1605 Chelsea LN # 2, Austin TX 78704 have?

1605 Chelsea LN # 2, Austin TX 78704 has central heating and central air cooling.

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