1605 Chelsea LN # 2, Austin TX 78704

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

Overview

  • Updated On:
  • March 4, 2026
  • 4,400 ft2

Description

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.

Address: 1605 Chelsea LN # 2, Austin TX 78704
City:
State/County:
Zip: 78704
Country: United States

Property Id: 8953886
Price: $3,450,000
Property Size: 4,400 ft2
Property Lot Size: 0 ft2
ACTRIS_LaundryLocation: Laundry Room, Main Level
AccessibilityFeatures: None
CommunityFeatures: Curbs, Dog Park, Park, Playground, Sidewalks
Cooling: Central Air
DirectionFaces: West
ElementarySchool: Travis Hts
ElementarySchoolDistrict: Austin ISD
Flooring: No Carpet, Tile, Wood
FoundationDetails: Slab
GarageSpaces: 3
Heating: Central
HighSchool: Travis
ListOfficeName: Compass RE Texas, LLC
LivingAreaSource: Builder
LotFeatures: Curbs, Interior Lot, Level, Trees-Large (Over 40 Ft), Xeriscape
MiddleOrJuniorSchool: Lively
MLSAreaMajor: 6
MlsStatus: Active
OtherStructures: Guest House
ParkingFeatures: Attached, Garage, Garage Door Opener, Garage Faces Side
PatioAndPorchFeatures: Covered, Deck, Patio
PoolFeatures: In Ground
Roof: Metal
Sewer: Public Sewer
StateOrProvince: TX
Utilities: Electricity Available, Internet-Cable, Natural Gas Available
View: None
WaterfrontFeatures: None
WaterSource: Public
YearBuilt: 2018
ListingId: 4520523
ListOfficePhone: (512) 575-3644
SyndicationRemarks: 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.
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
ModificationTimestamp: March 4, 2026 at 10:00am
ACTRIS_EstimatedTaxes: 70725
BuilderName: Urban ATX
CoveredSpaces: 3
Fencing: Fenced, Privacy, Wood
ACTRIS_Country: US
LotSizeArea: 0.272
PropertyCondition: Resale

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)

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Christina Catalano