Diane Dr
Austin, TX 78745
South Manchaca(on 0.31 acres)
Local Information
-- mins to
Description
Income-Producing South Austin Compound with Redevelopment Potential Discover a rare opportunity in one of South Austin’s most vibrant and connected neighborhoods. This income-producing compound on an oversized corner lot generates up to $4,800 per month and is zoned SF-3, falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots — offering the potential for 7 lots (Buyer to verify). Whether you’re an investor seeking strong rental income or a developer exploring future possibilities, this property delivers both versatility and value. The front 2-bedroom, 2-bath home offers comfortable living with charm and functionality, while the back building includes two 1-bedroom, 1-bath apartments. The upstairs apartment features a private deck tucked among mature trees, giving it a unique, treehouse-like vibe that tenants love. Enjoy a prime South Austin location where everything you love is just minutes away — walk or bike to El Chilito, Randall’s Grocery, and Radio Coffee & Beer, or take a quick 10-minute drive to Downtown Austin, Zilker Park, Barton Springs, and the Barton Creek Greenbelt. This is a one-of-a-kind investment with endless potential in the heart of Austin’s coolest corridor.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for Diane Dr
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MLS Status: Active Under Contract |
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Appliances & Utilities Utilities: Electricity Available, Natural Gas Available |
Gas & Electric Has Electric on Property |
View Has a ViewView: See Remarks, Neighborhood, Panoramic |
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Exterior Home Features Fencing: Chain Link, PrivacyOther Structures: Greenhouse, Outbuilding, Residence, Storage, WorkshopExterior: See Remarks, Balcony, Private YardNo Private Pool |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New Construction |
Property Information Condition: ResaleParcel Number: 000DianeDr |
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Price List Price: $950,000 |
Status Change & Dates Off Market Date: Fri Feb 20 2026 |
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Direction & Address City: AustinCommunity: Ford Place 2 |
School Information Elementary School: JoslinElementary School District: Austin ISDJr High / Middle School: CovingtonJr High / Middle School District: Austin ISDHigh School: CrockettHigh School District: Austin ISD |
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Listing Agent Listing ID: 6325971 |
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Community Features: None |
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No HOA |
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Lot Area: 0.31 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 6325971Zillow Contingency Status: Under ContractAttribution Contact: (512) 751-6060 |
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None |
Last check for updates: about 6 hours ago
Listing courtesy of Dave Murray, (512) 751-6060
Keller Williams Realty, (512) 448-4111
Source: Unlock MLS, MLS#6325971

Also Listed on Unlock MLS.
Market trends in Austin
Last updated May 2026
Avg. sale price
$555K
$14.2KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$294
$1MoM
Available listings
5593
254MoM
Price History for Diane Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/02/2026 | $950,000 | Contingent | Unlock MLS #6325971 |
| 12/09/2025 | $950,000 | Listed For Sale | Unlock MLS #6325971 |
Similar Homes You May Like
New Listings near Diane Dr
Comparable Sales for Diane Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.52 | Lot/Land | - | 09/03/25 | - | - | ||
3.85 | Lot/Land | - | 05/18/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Diane Dr.
What Locals Say about South Manchaca
At least 20 Trulia users voted on each feature.
94 % Say it's dog friendly
93 % Say parking is easy
86 % Say yards are well-kept
74 % Say people would walk alone at night
73 % Say car is needed
68 % Say it's quiet
61 % Say there's holiday spirit
58 % Say it's walkable to grocery stores
57 % Say they plan to stay for at least 5 years
55 % Say it's walkable to restaurants
54 % Say neighbors are friendly
50 % Say there's wildlife
50 % Say there are sidewalks
40 % Say kids play outside
26 % Say there are community events
19 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dave Murray, Keller Williams Realty, (512) 448-4111
Agent Phone: (512) 751-6060

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-07-08 00:41:30 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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. Some IDX listings have been excluded from this website. Click here for more information
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. Some IDX listings have been excluded from this website. Click here for more information
Diane Dr, Austin, TX 78745 is a lot/land. Diane Dr is located in South Manchaca, Austin. This property is currently available for sale and was listed by Unlock MLS on Dec 9, 2025. The MLS # for this home is MLS# 6325971.

