1605 Chelsea Lane 1 & 2, Austin, TX

$3,250,000

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4,400

Square feet

0.27

Acres

About 1605 Chelsea Lane 1 & 2

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.

Features of 1605 Chelsea Lane 1 & 2

MLS® # 4520523
Price $3,250,000
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
Area 6
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 Faces Side, Electric Vehicle Charging Station(s)
Garage Spaces 3.00
Garages Garage Door Opener
View None
Is Waterfront No
Waterfront None
Has Pool Yes

Interior

Interior Carpet Free, Tile, Wood
Interior Features Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Interior Steps, Multiple Living Areas, Main Level Primary, Pantry, Recessed Lighting, Track Lighting, Walk-In Closet(s)
Appliances Built-In Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliance(s)
Heating Central
Fireplace No
# 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

Additional Information

Date Listed March 3rd, 2026
Days on Market 196
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 484-3663

Listing Map

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