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Keenan Group#1 Austin Board of Realtors Team 2024

$1,799,900

4Beds
3Baths
2,486Sq Ft
0.26 acresLot

1511 Chelsea Ln, Austin, TX 78704

Reduced 3%$1,850,000
Travis Heights·MLS# 7230274·Built 1954·189 days on market

4 bed, 3 bath, 2,486 sqft on 0.26 acres in Travis Heights. Austin, TX 78704. $1,799,900. Austin ISD.

About This Home

Located in desirable Travis Heights, 1511 Chelsea Lane blends classic mid-century design with thoughtful modern updates in one of Austin’s most sought-after neighborhoods. With four bedrooms and three full bathrooms, the layout offers both comfort and flexibility. As you enter the home, you are greeted by a living and dining room with a wall of custom bookshelves and cabinetry. The main kitchen has been updated with stainless steel appliances, including a well-appointed wine fridge. The lower level functions beautifully as a private in-law suite, complete with a second full kitchen, a spacious game room, an additional bedroom, and a full bathroom. This versatile space is perfect for guests or creating a separate retreat within the home. Outside, the patio and expansive yard provide the perfect setting for relaxing or hosting friends on warm Austin days. A two-car garage adds convenience, while the exceptional Travis Heights location places you just minutes from downtown, I-35, and the Hike-and-Bike Trail, offering easy access to the best dining, entertainment, and outdoor recreation the city has to offer. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Property Type
Residential
Year Built
1954
Lot Size
0.26 acres
Price / Sq Ft
$724
Garage
2 spaces

Listing information last updated June 14, 2026.

Listed by Moreland Properties

MLS# 7230274 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 0.26-acre lot
Bookcases
Built-in Features
Stone Counters
In-Law Floorplan

Facts & Features

Interior

Features

  • Bookcases
  • Built-in Features
  • Stone Counters
  • In-Law Floorplan
  • Recessed Lighting
  • Wet Bar

Appliances

  • Dishwasher
  • Disposal
  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • RNGHD
  • Stainless Steel Appliance(s)
  • Wine Refrigerator

Flooring

  • Tile
  • Wood
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Rain Gutters
  • Private Yard

Construction

  • Masonry – Partial
  • Stucco

Lot Features

  • Back Yard
  • Front Yard
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Wood

Foundation

  • Slab

Patio / Porch

  • Patio
Roof
Membrane
Lot Size
0.26 Acres

Parking

  • Attached
  • Garage
  • Garage Faces Side
Garage Spaces
2
Financial
Original List Price
$1,850,000
Price per Sq Ft
$724
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

7 records on file

Every recorded listing, sale, and lease at 1511 Chelsea LN, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,799,900Original list: $1,850,000MLS 7230274
    1. Listed · April 29, 2026$1,850,000
    2. Price changed · June 5, 2026$1,799,900
  2. LeasedAugust 11, 2025
    Asking rent: $5,395/moMLS 9361268
  3. LeasedNovember 21, 2024
    Asking rent: $5,200/moMLS 5216952
  4. ExpiredListed 2024
    Asking rent: $5,200/moOriginal asking rent: $5,995/moMLS 3280919
  5. LeasedJune 11, 2023
    Asking rent: $5,995/moMLS 3883598
  6. ExpiredListed 2023
    Asking rent: $6,395/moOriginal asking rent: $6,995/moMLS 9566441
  7. SoldApril 25, 2022
    Listed at: $1,795,000MLS 7850985

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,799,900
Original list
$1,850,000
Price movement
$50.1K reduction
Listed / DOM
Apr 29, 2026 · 189 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,002,847
Assessment Year
2025
Year Built
1954
Parcel ID
000000283623
$1.5M
$969K
$969,330
2022
$1,454,581
+50.1% from prev
2023
$1,347,674
-7.3% from prev
2024
$1,002,847
-25.6% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-25.6%
—$1,002,847——
2024-7.3%
—$1,347,674$880,000$254,716
2023+50.1%
—$1,454,581$880,000$467,674
2022
—$969,330$960,000$494,581
5-Year Change3.5%

Virtual Tour

Virtual tour of 1511 Chelsea Ln
Map showing 1511 Chelsea LN
1511 Chelsea LN
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Travis

High SchoolGrades 9-12Zoned assignment

Lively

Middle SchoolGrades 6-8Zoned assignment

Travis Hts

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$9,813

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($360K)

Adjustable assumption - not a lending recommendation.

Home price

$1,799,900

Loan: $1.4M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.

List price

$1,799,900

Price per sqft

$724/sqft

Vs. Neighborhood guide reference price

+83.7%

$980K · Travis Heights neighborhood guide · reference price

Days on market

189 days

Original to current

$50.1K reduction

$1.9M original

Active inventory context

22 listings

Price Position in Travis Heights

Neighborhood guide reference price $980KThis home $1.8M

Listed 84% above the Travis Heights neighborhood guide reference price. Travis Heights neighborhood guide · reference price.

Seller's Market - 22 active listings, 189 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 1511 Chelsea Ln?

1511 Chelsea Ln is listed at $1,799,900 with 4 bedrooms, 3 full bathrooms, 2,486 square feet, 0.26-acre lot. This places it above the ZIP 78704 single-family closed-sale median price of $1,105,000 (ZIP 78704 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 3, 2026).

What school district is 1511 Chelsea Ln in?

1511 Chelsea Ln is zoned for Austin ISD with assigned schools: Travis Hts (elementary), Lively (middle), Travis (high). School assignments should be verified directly with the district.

What are the property details for 1511 Chelsea Ln?

1511 Chelsea Ln is a Residential built in 1954 featuring 4 bedrooms, 3 full bathrooms, 2,486 square feet, 0.26-acre lot.

What is the price per square foot at 1511 Chelsea Ln?

1511 Chelsea Ln is priced at $724 per square foot across 2,486 sqft. The Travis Heights neighborhood guide reference price is $980,000 (Travis Heights neighborhood guide · reference price).

What are the property taxes for 1511 Chelsea Ln?

The most recent annual property tax for 1511 Chelsea Ln is $20,592. 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.

How should a buyer estimate the monthly payment for 1511 Chelsea Ln?

This page does not assume a mortgage rate or publish a monthly payment for 1511 Chelsea Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1511 Chelsea Ln compare with other homes in Travis Heights?

As of Oct 15, 2026, 1511 Chelsea Ln is offered at $1,799,900. The current MLS snapshot shows 123 active listings in 78704. Keenan Group has completed 49 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.

When was 1511 Chelsea Ln built?

1511 Chelsea Ln was built in 1954 (72 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Travis Heights?

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.

  • Travis Heights area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Travis Heights

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 4:07:25 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/15/2026, 4:07:25 PM

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