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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
1605 Chelsea #1 & 2 is listed for $3,250,000 and includes 0 bedrooms, 4,400 square feet, 0.27 acres.
1605 Chelsea #1 & 2 is in the Travis Heights area of Austin, Texas.
1605 Chelsea #1 & 2 is associated with Austin ISD. School assignments should always be verified directly with the district before relying on them.
1605 Chelsea #1 & 2 is a Residential Income built in 2018 with 0 bedrooms, 4,400 square feet, 0.27 acres.
1605 Chelsea #1 & 2 is listed at $3,250,000, +222.7% versus the available Travis Heights median of $1,007,000, with a price-per-square-foot of $739.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Travis Heights
Listed with current price, original ask, and market time.
Positioned just steps from the energy of South Congress, this exceptional Travis Heights property is not just a home — it’s a proven, high-performing investment opportunity operating as an active Airbnb with two fully independent units and two private pools.
Designed by award-winning architect Davey McEathron, the front residence offers striking contemporary design paired with strong rental appeal. The 5-bedroom main home features soaring ceilings, walls of glass, warm wood floors, and seamless indoor-outdoor flow that today’s guests and luxury renters seek. A rooftop deck and private backyard pool create a true resort-style experience, while the spacious upstairs flex space adds versatility for larger groups. Premium upgrades — including a whole-house generator, motorized shades, retractable awning, and EV charger — enhance both guest comfort and long-term asset value.
The detached 2-bedroom, approximately 1,100-square-foot back house is its own standalone income-producing unit, complete with a private pool and rooftop deck. Thoughtfully designed for privacy and style, it offers an ideal setup for maximizing short-term rental revenue, hosting extended stays, or providing an owner’s lock-and-leave retreat while continuing to generate income from the primary residence.
With two distinct units, two pools, multiple rooftop decks, and a coveted location in one of Austin’s most walkable neighborhoods, this property delivers rare flexibility: operate both as short-term rentals, live in one and lease the other, or create a multi-generational compound. Just moments from parks, trails, and the dining and nightlife of South Congress, this is an extraordinary opportunity to own a turnkey, income-producing asset in an A+ location.
Property Type
Residential Income
Year Built
2018
Lot Size
0.27 acres
$/Sq Ft
$739
Pool
Yes
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-29.9% | — | $860,192 | — | — |
2024+28.1% | — | $1,227,616 | $352,000 | $1,006,738 |
2023+78.7% | — | $958,432 | $352,000 | $875,616 |
2022+1.3% | — | $536,463 | $352,000 | $606,432 |
2021 | — | $529,600 | $198,000 | $338,463 |
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% ($650K)
$3,250,000
Luxury property intelligence
A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.
List price
$3,250,000
Price per sqft
$739/sqft
Vs. Travis Heights median
+222.7%
$1M median
Days on market
63 days
Original to current
$200K reduction
$3.5M original
Active inventory context
22 listings
Price Position in Travis Heights
Listed 223% above the Travis Heights median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 5, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Travis Heights
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#1 ABOR Team 2024 with $1B+ career sales volume
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)
Car-Dependent
Some Transit
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.
21 events on record
Current Price
$3,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-29.9% | — | $860,192 | — | — |
2024+28.1% | — | $1,227,616 | $352,000 | $1,006,738 |
2023+78.7% | — | $958,432 | $352,000 | $875,616 |
2022+1.3% | — | $536,463 | $352,000 | $606,432 |
2021 | — | $529,600 | $198,000 | $338,463 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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