Property photo 1
EXPIRED
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6
Property photo 7
Property photo 8
Property photo 9
Property photo 10
Property photo 11
Property photo 12
1 of 12

$1,100,000

1407 Drake Ave, Austin, TX 78704

0.18

acres

Estimated Mortgage: $6,366/moGet Prequalified
Multiple Lots (Adjacent)

About This Home

The Fairview Portfolio – Core Travis Heights Investment - This unique opportunity consists of five contiguous properties located just east of South Congress Avenue in the highly sought-after Travis Heights neighborhood. The portfolio includes ten residential units—eight of which are currently leased—providing immediate income and value-add potential. Situated in an unbeatable location with walkable access to South Congress dining, retail, and nightlife, these properties are ideal for buy-and-hold investors or developers exploring multi-unit redevelopment options.

Listings checked every few minutes. MLS# 2357807 was Last Updated: 02-01-2026.

Listed by Sam Archer, Compass RE Texas, LLC (512) 633-4650

Neighborhood

Assigned Schools

Comments

Sign in and save this listing to a collection to start a conversation about it.

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Travis Heights neighborhood like?

Travis Heights and South River City are adjacent historic neighborhoods located in south Austin, bounded by Lady Bird Lake on the north, Interstate 35 on the east, Congress Avenue on the west, and Oltorf Street on the south. The neighborhood's development accelerated following the 1910 completion of the Congress Avenue Bridge, a 910-foot structure spanning Lady Bird Lake that became iconic for its Mexican free-tailed bat colony, home to nearly 1.5 million bats that perform nightly emergence flights visible from the bridge during spring and fall months. Significant residential growth occurred in the 1920s when General William Harwood Stacy and his sons began planned development of the area, establishing the neighborhood's original street grid and lot sizes. Travis Heights became Austin's first Local Historic District south of the river in 1981, with the Travis Heights-Fairview Park Historic District subsequently added to the National Register of Historic Places in July 2021, providing formal recognition of the neighborhood's architectural and historical significance. The median home price in Travis Heights is approximately $920,000, though prices vary considerably across the neighborhood's mix of historic estates, traditional residences, and modern apartments ranging from $600,000 to over $1.5 million depending on size, condition, and location.

Explore Travis Heights

What employers are near 1407 Drake Ave?

  • State of Texas (Government)
  • Apple (Technology)
  • Google (Technology)

How does this property compare to others in Travis Heights?

1407 Drake Ave is listed at $1.1M vs. the $1.3M median in Travis Heights. Homes in Travis Heights average 67 days on market.

MetricTravis Heights
Median List Price$1.3M
Median Sold Price$882K
Average Days on Market67
Average Price per Sqft$743
Active Listings54

Market data as of May 2026.

Frequently Asked Questions

How much is 1407 Drake Ave?

1407 Drake Ave is listed for $1,100,000. It features 0.1766 acres.

What neighborhood is 1407 Drake Ave in?

1407 Drake Ave is located in the Travis Heights neighborhood of Austin, Texas.

How does 1407 Drake Ave compare to other homes in Travis Heights?

The asking price of $1,100,000 is 16.8% lower than the median home price of $1.3M in Travis Heights.

What are the details of 1407 Drake Ave?

1407 Drake Ave sits on 0.1766 acres of land, and is a multiple lots (adjacent) style home.