#8983566, Alexander Croft, Listing office: Compass RE Texas, LLC
Property details
About 1401 Drake Ave
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.
Highlights
Summary
- Waterfront: None
- View: City
- List Price: $1,200,000
- Annual Tax Amount: $20,935
- Tax Year: 2024
- Directions: Heading south on South Congress Avenue, turn east on Monroe and south onto Drake Avenue
- Lot Size: 0.1968 Acres
- MLS Number: 2598544
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 633-4650
- Listing Agent: Sam Archer
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 7/2/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,017,134 | $20,935 |
2023 | $1,570,828 | $20,935 |
2022 | $1,060,056 | $20,935 |
2021 | $854,605 | $13,842 |
2019 | $650,000 | $13,941 |
2018 | $534,290 | $10,678 |
2017 | $482,309 | $10,499 |
History based on county public records data.
Nearby schools
7
Travis Heights Elementary School
Public Charter EE-5
0.6 mi
•2010 Alameda Dr
8
Becker Elementary School
Public District PK-5
0.8 mi
•906 W Milton St
2
Sanchez Elementary School
Public District PK-5
0.9 mi
•73 San Marcos St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,670. Typical income of Austin, TX residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1401 Drake Ave
The listing price of 1401 Drake Ave property is $1,200,000.
The property 1401 Drake Ave is land located in Austin, Texas, 78704.
Active Listing: 1401 Drake Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1401 Drake Ave are: Travis Heights Elementary School (GreatSchools Rating 7/10), Becker Elementary School (GreatSchools Rating 8/10), Sanchez Elementary School (GreatSchools Rating 2/10), Lively Middle School (GreatSchools Rating 3/10), Martin Middle School (GreatSchools Rating 2/10), Kealing Middle School (GreatSchools Rating 6/10), Phoenix Academy (GreatSchools Rating 1/10), Leadership Academy (GreatSchools Rating 1/10), Graduation Preparatory Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $20,935 (source: MLS/based on county public records data).
The property 1401 Drake Ave is 0.197 acres.
This home is located at 1401 Drake Ave in Austin, TX and zip code 78704 in the Travis Heights / South River City neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $1,200,000.
While more than 108 listings in Austin, TX in June 2025 were sold above asking price, there were more than 149 listings sold at asking price, and more than 635 were sold below. The number of listings in Austin, TX increased by 7.4% between May and June 2025. In June 2025 median list price was $575,928 and the average listing age was 51 days.