406 W LIVE OAK ST, Austin TX 78704

Austin, TX 78704 | GILLIS SIMON

$5,500,000
0 Beds
Baths
0.95 Acres

About This Property

Rare South Austin development opportunity approved for 12 homes across six individual MF-3 zoned residential lots with potential downtown views. Located just off South 1st Street and only 1.5 miles from Lady Bird Lake, this site offers exceptional proximity to downtown, South Congress, South 1st retail, restaurants, and major lifestyle corridors. Four lots have already been leveled and are development-ready, with a 2,400 SF remodeled sales office currently onsite and a demo permit approved for immediate redevelopment. Site plans and approved plans are available upon request, providing a strong head start for a builder looking to move quickly. With new construction comps in the area selling for approximately $750–$835/SF, this is an ideal scale project for a mid-size builder seeking a rare multi-lot infill site in one of Austin’s most supply-constrained locations. Extremely

Location

Schools

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

Property Details

Property Type Land
Exterior None
County Travis
MLS # 7419089

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Listing History

MLS# 7419089 - Updated Apr 30, 2026
Apr 30, 2026 Listed Listing Courtesy of eXp Realty, LLC - trevor.loveless@​exprealty.com $5,500,000

Frequently Asked Questions About 406 W LIVE OAK ST, Austin TX 78704

How much does 406 W LIVE OAK ST, Austin TX 78704 cost?

406 W LIVE OAK ST, Austin TX 78704 is listed for sale at $5,500,000.

What school district is 406 W LIVE OAK ST, Austin TX 78704 in?

406 W LIVE OAK ST, 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 406 W LIVE OAK ST, Austin TX 78704?

The lot at 406 W LIVE OAK ST, Austin TX 78704 is 0.95 acres.

What type of property is 406 W LIVE OAK ST, Austin TX 78704?

406 W LIVE OAK ST, Austin TX 78704 is a land property.

What subdivision is 406 W LIVE OAK ST, Austin TX 78704 in?

406 W LIVE OAK ST, Austin TX 78704 is located in the GILLIS SIMON subdivision in Austin, TX.

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