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The Drake – by Moore-Tate Trailblazing urban housemakers Moore-Tate Projects+Design surprise again with an unexpected expression of what a joyful home in a dream location can be. Near Music Lane @ South Congress, The Drake is selling as completely furnished and ready for immediate move-in, down to fine linens and complete kitchen and dining serving already in place. This dream location is a steps along what locals’ know as the “back trail” over to the eats and drinks of the Hotel St Cecilia and Magdalena on Music Lane. The imaginative interior by So Spiffy Design is a one-of-a-kind complement to easy and colorfully South Austin yet, inspired by the sophistication of our city’s own Proper and Commodore Perry. This corner lot in the coveted Travis Heights neighborhood is a two-block walk west to the best of South Congress Avenue dining, music and shopping and/or a two-block walk east to a greenbelt walking trail to neighborhood parks and Lady Bird Lake. For buyers longing for penthouse luxury near downtown sans elevators, HOA dues, and valet parking, this private urban oasis is a must-see. The Drake includes a cocktail pool, roomy courtyards front and back for private dining and entertainment and a private parking garage surrounded by handsome neighborhood-friendly, modern white-picket fencing. The Drake is a sweet nod to past and present—in step with the vibrant new energy of South Congress now yet, also in keeping with familiar forms of homes found throughout this historic neighborhood. BTW: downtown is 5 minutes and airport 15 minutes away. Shown by appointment only. Call Clayton—the Realtor representing Moore-Tate for a decade and 100-plus home buyers willing to share the experience of living in a Moore-Tate home.
Property Type
Residential
Year Built
2022
Lot Size
0.13 acres
$/Sq Ft
$1,384
Garage
1 spaces
Pool
Yes
Listed by Moreland Properties
Verified property facts
1400 Drake Ave is listed at $3,400,000 with 4 bedrooms, 3 full, 1 half bathrooms, 2,456 square feet, 0.13-acre lot. This places it above the ZIP 78704 single-family closed-sale median price of $1,163,250 (ZIP 78704 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 30, 2026).
1400 Drake Ave is zoned for Austin ISD with assigned schools: Travis Hts (8/10) (elementary), Fulmore (6/10) (middle), Travis (high). School assignments should be verified directly with the district.
1400 Drake Ave is a Residential built in 2022 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,456 square feet, 0.13-acre lot.
1400 Drake Ave is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 16, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
4 records on file
Every recorded listing, sale, and lease at 1400 Drake Ave, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.3% | — | $2,101,562 | $548,191 | — |
2024+96.6% | — | $2,317,531 | $720,000 | $1,466,569 |
2023+88.6% | — | $1,178,598 | $720,000 | $1,597,531 |
2022+23.6% | — | $624,957 | $720,000 | $458,598 |
2021 | — | $505,800 | $405,000 | $219,957 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($680K)
Adjustable assumption - not a lending recommendation.
$3,400,000
Luxury property intelligence
A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.
List price
$3,400,000
Price per sqft
$1,384/sqft
Vs. Neighborhood guide reference price
+237.6%
$1M · Travis Heights neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.4M original
Active inventory context
22 listings
Price Position in Travis Heights
Listed 238% above the Travis Heights neighborhood guide reference price. Travis Heights neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 16, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Travis Heights
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ZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
1400 Drake Ave is priced at $1,384 per square foot across 2,456 sqft. The Travis Heights neighborhood guide reference price is $1,007,000 (Travis Heights neighborhood guide · reference price).
The most recent annual property tax for 1400 Drake Ave is $13,603. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 1400 Drake Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 16, 2026, 1400 Drake Ave is offered at $3,400,000. The current MLS snapshot shows 137 active listings in 78704. Keenan Group has completed 46 verified transactions in 78704 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Travis Heights guide for current neighborhood analysis.
1400 Drake Ave was built in 2022, making it 4 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Travis Heights is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in Travis Heights real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Very Walkable
Good Transit
Very Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
13 events on record
Current Price
$3,400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.3% | — | $2,101,562 | $548,191 | — |
2024+96.6% | — | $2,317,531 | $720,000 | $1,466,569 |
2023+88.6% | — | $1,178,598 | $720,000 | $1,597,531 |
2022+23.6% | — | $624,957 | $720,000 | $458,598 |
2021 | — | $505,800 | $405,000 | $219,957 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
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Neighborhood guide and local insights
Travis Heights is home to Big Stacy Pool, a free, spring-fed swimming hole that most Austinites have never visited because they are too busy fighting for space at Barton Springs. That hidden quality defines the entire neighborhood. Travis Heights has been here since the 1920s, sitting on the bluffs above Lady Bird Lake, and it has managed to stay more residential and quiet than the buzzing corridors on every side. South Congress is one block west. Rainey Street is a short walk across the bridge. And yet the interior streets still feel like the Austin people romanticize. The neighborhood occupies the high ground east of South Congress and south of Lady Bird Lake, running from the lake to Oltorf Street, with I-35 on the east. The streets climb and wind along bluffs, creating a layered landscape of old trees and homes with views toward downtown. The Congress Avenue Bridge bats are a five-minute walk. Downtown is across the bridge, ten minutes on foot. Perla's and June's All Day anchor South Congress to the west. Elizabeth Street Cafe serves Vietnamese-French pastries. Lenoir offers a farmhouse wine garden. Odd Duck does farm-to-table small plates. Otoko is one of the most exclusive reservations in the city. Emmer and Rye rounds out with inventive tasting menus. Craftsman bungalows from the 1920s and 1930s make up the largest category, with wide porches and original wood siding. Tudor homes add steep gabled rooflines. Contemporary builds appear on teardown lots. Mid-Century homes fill blocks farther from the lake. A bungalow needing work starts around $700,000, while renovated or new construction with lake views can exceed $2.5 million. Lots are modest - a tenth to a quarter acre - but tree coverage and topographic variation make them feel larger. Travis Heights Elementary carries a reputation for strong community involvement and a diverse student body. Students feed into Fulmore Middle School and Travis High School. The schools attract families who actively choose an urban public school experience: diverse populations and neighborhood identity. Parent engagement runs high. Private options are plentiful nearby, including Austin Montessori. Blunn Creek Greenbelt runs through the interior, providing a shaded corridor for walking and nature play. Big Stacy Park has both the spring-fed pool and a neighborhood gathering point. Lady Bird Lake's boardwalk connects the south side to the east side. The Congress Avenue Bridge bats are part of the nightly routine March through October. Weekend mornings might start with coffee on a front porch, a walk to the South Congress farmers market, or a jog along the Butler Trail. Travis Heights sits between South Congress's commercial energy and the quieter feel of Bouldin Creek. South Congress properties near the avenue carry a premium but sacrifice residential calm. Bouldin Creek offers similar vintage stock on flatter terrain with less lake proximity. East Austin has seen rapid appreciation but lacks the established canopy and topographic character. Travis Heights benefits from being close to everything without being consumed by it. Travis Heights is for buyers who want the real, historic Austin experience with a ten-minute walk to downtown and South Congress. It fits families who value Craftsman bungalows and front-porch living, couples who want to walk to world-class restaurants, and anyone who believes the best neighborhoods are the ones that have been quietly getting it right for a hundred years.
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