1407 Drake Ave

$1,100,000
Price
7,692 / 0.18
Lot Size / Acres

Description

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...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.

Listing Agent

  1. Sam Archer

    Sam Archer

    Listing Agent

    Compass

    TREC #0547022

    sam.archer@compass.com

    P: (512)-633-4650

Property Details for 1407 Drake Avenue

Subdivision Name
Fairview Park
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
City
View YN
Yes
Parcel Number
03000110050000
Tax Lot
6
LISTING UPDATED: 06/24/2025 02:48 PM

Property Details for 1407 Drake Avenue

StatusActive
MLS #2357807
Days on Market184
Taxes$13,085 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multiple Parcels
Year Built-
Lot Size0.18 AC
CountyTravis County
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Building Information for 1407 Drake Avenue

Lot Size0.18 AC

Payment Calculator

$6,526 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$1,090

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1407 Drake Avenue

General Information
Interior
  • Restrictions: NoRestrictions
Exterior
  • New Construction: No
  • Community Features: Park
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Level
  • Zoning: SF-3
  • Mineral Rights: None
  • Horse: No
  • Corporate Owner Allowed YN: No
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, High Speed Internet Available, Water Connected
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $749,600
  • Additional Parcels: No
  • Additional Parcels Description: 03000110060000, 03000110040000, 03000110030000, 03000110010000
  • Tax Year: 2025
  • Tax Rate: 1.98%
Showing Information
Showing Information
  • Directions: Heading south on South Congress Avenue, turn east on Monroe and south onto Drake Avenue

Property History for 1407 Drake Avenue

DateEvent & SourcePriceAppreciation
Jun 24, 2025

Listed (Active)

ACTRIS #2357807

$1,100,000
DateEvent & SourcePrice
06/24/2025

Listed (Active)

ACTRIS #2357807

$1,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1407 Drake Avenue

Taxable ValueLand$612,699Additions$1Total$612,700
Tax Record2024$14,856 ($1,238 / month)
Home Facts
Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size7,693 SqFtStyleDuplexYear Built1950CountyTRAVISAPN03000110050000

Schools near 1407 Drake Avenue

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Travis Heights Elementary School
CharterPK to 5

Lively Middle School
Public6 to 8

Travis High School
Public9 to 12

Phoenix Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1407 Drake Avenue is a 0.18 ac of land for sale in Austin, TX 78704. This property was listed for sale on June 24, 2025 by Compass, it's currently listed at $1,100,000. This listing's school district is Austin Independent School District. Nearby schools include Travis Heights Elementary School, Lively Middle School and Travis High School. 1407 Drake Avenue is a 0-bed, 0-bath, 0.18 ac of land on a 7,692 sq. ft. / 0.18 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.