
Rare .6-acre double lot in prime East Travis Heights with exceptional development potential and flexible seller financing. Elevated hilltop setting with downtown view potential in one of Austin’s most desirable urban neighborhoods. Potential for up to six dwellings (buyer to verify). Seller financing available at 5% interest with only 10% down, offering a rare opportunity to secure scale in 78704 with minimal upfront capital. Ideal for builders, investors, or developers seeking urban infill, boutique multifamily, luxury townhomes, or a private compound concept. Existing improvements provide optional interim use or holding income while development plans are finalized. Minutes to downtown Austin, South Congress, Lady Bird Lake, and East Austin’s top dining and entertainment. Quiet, established neighborhood with strong resale and rental demand. Opportunities to acquire land of this size with favorable financing in East Travis Heights are extremely limited.
Property Type
Land
Lot Size
0.60 acres
Listed by Moreland Properties
Property Details
Features
Lot Features
Fencing
Waterfront
Verified property facts
1603 Taylor Gaines ST is listed at $1,500,000 with 0 bedrooms, 0.60-acre lot. This places it above the 78741 median of $370,000.
1603 Taylor Gaines ST is zoned for Austin ISD with assigned schools: Travis Hts (elementary), Lively (middle), Travis (high). School assignments should be verified directly with the district.
1603 Taylor Gaines ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1603 Taylor Gaines ST is $18,629. 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.
With 20% down ($300,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1603 Taylor Gaines ST is around $9,336 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
4 records on file
Every recorded sale and lease at 1603 Taylor Gaines ST, 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 |
|---|---|---|---|---|
2025-33.0% | — | $940,000 | — | — |
2024-18.2% | — | $1,402,366 | $900,000 | $494,814 |
2023+132.2% | — | $1,713,600 | $1,012,500 | $389,866 |
2022 | — | $737,843 | $1,012,500 | $701,100 |

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.
20% ($300K)
$1,500,000
Luxury property intelligence
A sourced read on SUMMIT HILL pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
Not available
Vs. SUMMIT HILL median
Not available
Days on market
73 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $1,500,000, 1603 Taylor Gaines ST is in the SUMMIT HILL market where there are currently 39 active listings in 78741. The Keenan Group has completed 5 transactions in 78741 as part of 1,000+ career sales totaling $1B+ across Austin.
1603 Taylor Gaines ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
9 events on record
Current Price
$1,795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-33.0% | — | $940,000 | — | — |
2024-18.2% | — | $1,402,366 | $900,000 | $494,814 |
2023+132.2% | — | $1,713,600 | $1,012,500 | $389,866 |
2022 | — | $737,843 | $1,012,500 | $701,100 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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