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$3,450,000 - 1605 Chelsea Lane 1 & 2, Austin

-
Bedrooms
-
Baths
4,400
SQ. Feet
0.27
Acres

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.

Essential Information

  • MLS® #:
    4520523
  • Price:
    $3,450,000
  • Bathrooms:
    0.00
  • Square Footage:
    4,400
  • Acres:
    0.27
  • Year Built:
    2018
  • Type:
    Residential Income
  • Sub-Type:
    Duplex
  • Status:
    Active

Community Information

  • Address:
    1605 Chelsea Lane 1 & 2
  • Subdivision:
    Travis Heights
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78704

Amenities

  • Utilities:
    Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
  • Features:
    Dog Park, Playground, Park, Sidewalks, Trails/Paths, Curbs
  • Parking:
    Attached, Garage, Garage Door Opener, Garage Faces Side, Electric Vehicle Charging Station(s)
  • # of Garages:
    3
  • Garages:
    Garage Door Opener
  • View:
    None
  • Waterfront:
    None
  • Has Pool:
    Yes

Interior

  • Interior:
    Carpet Free, Tile, Wood
  • Appliances:
    Built-In Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliance(s)
  • Heating:
    Central
  • # of Stories:
    2
  • Stories:
    Two

Exterior

  • Exterior Features:
    Balcony, Private Yard
  • Lot Description:
    Interior Lot, Level, Trees Large Size, Xeriscape
  • Roof:
    Metal
  • Construction:
    Stucco, Wood Siding
  • Foundation:
    Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Travis Hts
  • Middle:
    Lively
  • High:
    Travis

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 9th, 2026 at 4:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.