1605 Chelsea LN # 2, Austin TX 78704
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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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Listing History
| 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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