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1605 Chelsea LN # 2, Austin TX 78704

$ 3,450,000
1605 Chelsea LN # 2, Austin TX 78704,
Active
$ 3,450,000


MLS Area: 6
County:
MLS # 4520523

1605 Chelsea LN # 2, Austin TX 78704, , TX 78704

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.

Basic Property Information

<strong>Dwelling Size - </strong> 4,400 ft2
From Builder
<strong>Year Built - </strong> 2018
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 3
Attached, Garage, Garage Door Opener, Garage Faces Side
<strong>Roof - </strong> Metal
<strong>Lot Size Acres - </strong> 0.272
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0
<strong>Pool on Property- </strong> In Ground

School District

<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Travis Hts
<strong>Middle - </strong> Lively
<strong>Senior High - </strong> Travis

Home Owners Association

Amenities and Features

Other Features
Balcony
Breakfast Bar
Built-in Features
Built-In Oven(s)
Ceiling Fan(s)
Dishwasher
Disposal
Double Oven
Eat-in Kitchen
Electric Car Plug-in
Electrical Utility Available
Entrance Foyer
Garage Attached
Gas Cooktop
Has Garage
High Ceilings
Interior Steps
Microwave
Multiple Living Areas
Pantry
Primary Bedroom on Main
Private Yard
Recessed Lighting
Stainless Steel Appliance(s)
Track Lighting
Walk-In Closet(s)

Utilities

Heating: Central
Cooling: Central Air
Electricity Available, Internet-Cable, Natural Gas Available

Sewer: Public Sewer
Water: Public

Additional Details

<strong>Faces - </strong> West
<strong>Flooring - </strong> No Carpet, Tile, Wood
<strong>View - </strong> None
<strong>Lot Features - </strong> Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> Guest House
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> Curbs, Dog Park, Park, Playground, Sidewalks

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 03/04/2026 through 03/04/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.

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