406 W Live Oak Street, Austin, TX

$5,500,000

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0.95

Acres

About 406 W Live Oak Street

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

Features of 406 W Live Oak Street

MLS® # 7419089
Price $5,500,000
Acres 0.95
Type Land
Sub-Type Multiple Parcels
Status Active

Community Information

Address 406 W Live Oak Street
Area 6
Subdivision GILLIS SIMON
City Austin
County Travis
State TX
Zip Code 78704

Amenities

Utilities None
Features None
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No

Exterior

Exterior Features None
Lot Description Corner Lot

School Information

District Austin ISD
Elementary Travis Hts
Middle Lively
High Travis

Additional Information

Date Listed April 30th, 2026
Days on Market 146
Zoning MF-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty, LLC
Contact Info(512) 309-0681

Listing Map

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