Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home ? its 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 todays 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 owners 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 Austins 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.
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 484-3663
Shown By
Agent Name: Mike Kight
Agent Phone: (512) 924-6524
Agency Title: Realty Capital City
Estimated Payment
$ 14,578.20 per month $7,678.20 Principal & Interest $5,893.75 Property Tax $1,006.25 Homeowner's Insurance
1605 Chelsea Ln, Unit 1 & 2 | MLS# 4520523
This multi-family property located at 1605 Chelsea Ln, Unit 1 & 2, Austin, TX 78704 is currently listed for sale with an asking price of $3,450,000. Chelsea Ln, Unit 1 & 2 is located within the Austin ISD school district. Search Austin real estate on mkight.rmcapitalcity.com today.