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Improved Mixed-Use Land for Sale in Austin, Texas

4217 Kellywood Dr, Austin, TX 78739

$1,000,000
1.5 acres
Active
$20k drop
Est $5,967/mo

Buy this $1,050,000 home for the same payment as a $846,000 home! MAXIMIZE YOUR BUYING POWER with exclusive seller financing! Well qualified buyers can lock in rates from the mid-4's to mid-5's, depending on down payment, and save up to $27K in closing costs. Minimum 20% down payment. All buyers must be pre-approved through Preferred Lender to be considered. No formal underwriting, no discount points, close in as little as 14 days. Your Austin Sanctuary: 1.5 Acres, Income-Ready Guest House & Flexible Use Escape the crowded suburbs and step into your private 1.5-acre retreat in the heart of Southwest Austin. 4217 Kellywood Drive delivers the space you crave, ready for your horses or livestock, while keeping you close to everything. This one-story 4-bed, 2-bath home is sparkling clean and move-in ready. Enjoy the charming covered front porch, updated kitchen open to the family room, and excellent natural light throughout. Maximize your investment with the separate structures: Income/Guest House: A highly valuable 1-bed, 1-bath suite with private entrance and appliances conveys. Ideal for rental income, hosting family, or extended guests. Oversized Workshop: With utilities and generous space, perfect for projects or storage. Commercial/Mixed-Use Potential: Flexible property use for a home office, studio, or small business. Seller financing available at 3.9% - making this an even more flexible opportunity. Rare low 1.61% tax rate and zoned for Baranoff Elementary, Bailey Middle, and Bowie High. A unique opportunity for comfort, flexibility, and investment in Austin!

2,004
Sq feet
5
Beds
3
Full baths
2007
Built

Location

Street address
4217 Kellywood Dr
Community
Kellywood Estates Sec 02
School district
Austin ISD
Elevation
769 feet
Coordinates
30.1734, -97.8687

Directions

From the intersection of Slaughter and Brodie, head south on Brodie Lane. Turn right onto Wyldwood. Turn left onto Kellywood. Drive to the end of the street, and go through the open gate. Home will be at the very end of the street, on your left.

Property details

Acreage
1.5 acres
MLS #
ABOR 9069600
Posted

Property taxes

2025
$12,811 - 1.50 AC OF LOT 5 KELLYWOOD ESTATES SEC 2

Parcels

  • 04303603120000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
40 Ft) Medium (20 ft Trees, Back Yard, Front Yard, Large ( Over 40 Ft) Trees, Many Trees, Native Plants, Private, Private Maintained Road, Views

Exterior

Parking Spaces
10
Parking
Garage, Guest, Off Street
Pool
Deck, Porch
Structures
Guest House
Features
No Exterior Steps, Permeable Paving, Private Yard

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Materials
All Sides Masonry, Brick
Roof
Composition
Windows
Blinds, Screens

Interior

Rooms
Bathroom x 3, Bedroom x 5
Flooring
Carpet, Tile, Wood
Appliances
Convection Oven, Dishwasher, Electric Range, Free-Standing Electric Range, Microwave, Refrigerator
Security
Security System
Features
Cathedral Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Ceiling-High, Double Vanity, High Speed Internet, In-Law Floorplan, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom On Main, Quartz Counters, Smart Home, Smart Thermostat, Walk-In Closet(s)

Nearby schools

NameLevelDistrictDescription
BaranoffElementaryAustin ISD
BaileyMiddleAustin ISD
BowieHighAustin ISD

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price drop$1,000,000$20,000 -2%ABOR
Nov 13, 2025Price drop$1,020,000$10,000 -1%ABOR
Nov 5, 2025Price drop$1,030,000$10,000 -1%ABOR
Oct 30, 2025Price drop$1,040,000$10,000 -1%ABOR
Oct 25, 2025New listing$1,050,000ABOR
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This 1.5-acre property is located at 4217 Kellywood Dr in Austin, TX 78739. The property is available for sale for $1,000,000. It has a 2,004 sq ft 5 bedroom, 3 bath house built in 2007.

Checked 7 hours ago — Updated

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