$2,095,000
$63K PRICE DROP

Estimated payment $12,825/month

Total Views 5,852
6 Beds
4.5 Baths
3,500 Sq Ft
$599 Price per Sq Ft

Highlights

  • Pool House
  • Deck
  • Private Yard
  • Downtown View
  • Wood Flooring
  • No HOA

About This Home

Exceptional Short-Term Cash Cow Investment in the Heart of Austin, Featuring Downtown Views. Experience the perfect fusion of historic charm and modern luxury in this one-of-a-kind short-term rental property. Nestled in one of Austin’s most desirable neighborhoods, this thoughtfully designed compound delivers both character and cash flow. The property consists of two distinct structures: A beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronting E. 8th Street, exuding timeless Austin charm with original architectural details and updated interior finishes. Connected via a stunning tiered terrace and private pool, a newly constructed contemporary home (5 bed / 3.5 bath) rises behind it, offering three levels of modern living with expansive windows, sleek finishes, and designer touches throughout. This home can also be accessed privately from the alley. This unique dual-dwelling layout creates flexible rental configurations — from hosting large groups to offering separate units for couples or professionals - maximizing occupancy and nightly rates. Proven Income Generator. With an impressive $250k+ in annual STR revenue, this property is a high-performing investment with a strong track record. Revenue documents are available for verification upon request. Turnkey Sale. Includes all furnishings and curated wall art, making this a truly turnkey opportunity for investors looking to hit the ground running in Austin’s competitive STR market. Key Features: Two separate dwellings on one lot, private pool with stylish outdoor lounge areas, modern amenities combined with vintage Austin charm, furniture, decor, and operational systems included, prime location near downtown, restaurants, and entertainment. Whether you're looking to grow your STR portfolio or enter the Austin market with a standout listing, this property offers the best of both worlds: historic appeal, contemporary design, and powerful income potential.

Listing Agent

Michael Mogavero

Compass RE Texas, LLC Brokerage Phone: (512) 580-6580 License #0743205 Listed on: 07/14/2025

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,794

Year Built

  • Built in 2023

Lot Details

  • 5,632 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Gentle Sloping Lot
  • Private Yard
  • Front Yard

Parking

  • 1 Car Attached Garage
  • Alley Access
  • Driveway
  • Additional Parking

Property Views

  • Downtown
  • Pool

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Awning

Kitchen

  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Pool

  • Pool House
  • Heated In Ground Pool
  • ENERGY STAR Qualified Pool Pump

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch

Schools

  • Blackshear Elementary School
  • Kealing Middle School
  • Eastside Early College High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Municipal Utilities District for Water and Sewer
  • ENERGY STAR Qualified Water Heater

Community Details

  • No Home Owners Association
  • Built by GSH
  • Grandview Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02050814140000
  • Tax Block 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,794

Year Built

Built in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Direction Faces: South
  • Directions: Property is located near the intersection of 8th Street and Lincoln Street.
  • Disclosures: See Remarks
  • Fencing: Wood
  • Garage Spaces: 1
  • Green Energy Efficient: Appliances
  • Green Sustainability: None
  • Levels: Three Or More
  • Living Area: 3500
  • Other Structures: Pool House
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 580-6580
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 20000.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 371.96
  • Current Price By Living Ar: 598.57
  • "Current Price By Original ": 0.97
  • List Price Lot Size Square: 371.96
  • List Price By Living Area: 598.57
  • List Price By Original Lis: 0.97
  • Restrictions: None
  • Tax Exemptions: Homestead
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Smart Thermostat
  • View: City, Downtown, Pool
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Security Features: Fire Alarm
  • Window Features: Double Pane Windows
  • Laundry Location: See Remarks

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Roof: Metal
  • Builder Name: GSH
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Awning(s), Deck, Wrap Around
  • Pool Features: ENERGY STAR Qualified pool pump, Heated, In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Additional Parking, Alley Access, Asphalt, Attached
  • Total Parking Spaces: 4

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Heat Pump
  • Water Source: MUD
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Blackshear
  • High School: Eastside Early College
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Alley, Front Yard, Gentle Sloping, Views
  • Parcel Number: 02050814140000
  • Lot Size Acres: 0.1293
  • Lot Size Sq Ft: 5632.31
  • Subdivision Name: Grandview Place

Building Info

  • Construction Materials: Concrete, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 20
  • Tax Year: 2023
  • Tax Annual Amount: 21793.99
  • Tax Filled Sqft Total: 3255
  • Tax Rate: 1.97000000000000

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,797 $1,244,998 $372,026 $872,972
2023 $26,797 $1,103,536 $356,250 $747,286
2022 $9,737 $493,025 $356,250 $136,775
2021 $7,008 $321,968 $237,500 $84,468
2020 $6,885 $320,991 $237,500 $83,491
2018 $6,894 $311,401 $250,000 $61,401
2017 $6,051 $271,327 $200,000 $71,327
2016 $5,882 $263,736 $180,000 $83,736
2015 $5,014 $226,574 $150,000 $76,574
2014 $5,014 $210,689 $150,000 $60,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 Price Changed $2,095,000 -2.9% $599 / Sq Ft
07/14/2025 07/14/25 For Sale $2,157,950 +169.8% $617 / Sq Ft
12/17/2021 12/17/21 Sold -- -- -- View Prior Sale
11/16/2021 11/16/21 Pending -- -- --
11/08/2021 11/08/21 Price Changed $799,900 -1.8% $1,515 / Sq Ft
09/16/2021 09/16/21 Price Changed $814,900 -4.1% $1,543 / Sq Ft
08/19/2021 08/19/21 Price Changed $849,900 -1.2% $1,610 / Sq Ft
08/18/2021 08/18/21 For Sale $860,000 0.0% $1,629 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $860,000 -1.7% $1,629 / Sq Ft
07/14/2021 07/14/21 For Sale $875,000 +84.2% $1,657 / Sq Ft
03/09/2020 03/09/20 Sold -- -- -- View Prior Sale
03/09/2020 03/09/20 Sold -- -- -- View Prior Sale
02/14/2020 02/14/20 Pending -- -- --
02/14/2020 02/14/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $475,000 0.0% $900 / Sq Ft
02/12/2020 02/12/20 For Sale $475,000 -- $900 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Vendors Lien -- Capital Title Of Texas
Vendors Lien -- Ctot
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $841,541 Construction
Previous Owner $480,850 Commercial
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8698898

Unlock MLS (Austin Board of REALTORS®)

APN: 193207