408 W 33rd St Austin, TX 78705
North University NeighborhoodEstimated payment $9,628/month
Highlights
- Guest House
- Mature Trees
- No HOA
- Russell Lee Elementary School Rated A-
- Terrace
- Neighborhood Views
About This Home
Incredible Investment Opportunity in Historic Aldridge Place Step into a piece of Austin history with this rare 1932-built multi-family gem, nestled in the heart of Aldridge Place—one of the city's most beloved and storied neighborhoods. For nearly a century, this timeless residence has served generations of University of Texas students, its walls echoing decades of academic ambition and Austin culture. Sitting on a generous quarter-acre lot in North UT Campus, the property features a stately four-story main house configured as two spacious, character-rich units. Unit B spans two stories with 4–5 bedrooms and 3 full bathrooms, while the other (Unit A) offers 3 bedrooms and 1.5 bathrooms—ideal for student housing, co-living, or long-term rentals. A standout feature is the oversized Unit C, accessed via West 34th Street, which includes three flexible bedroom/living spaces and 3 full bathrooms—presenting a unique opportunity for additional rental income or private guest quarters. Whether you're an investor looking to renovate and maximize rental returns, or a visionary homeowner seeking to transform this historic structure into a grand single-family residence with a separate guest home in the rear, the potential here is as expansive as the lot itself. Sold as-is, with rental and maintenance history available. Bring your imagination—and be part of the next chapter in this icon.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 431-2120 License #0630976 Listed on: 09/03/2025
Co-Listing Agent
Compass RE Texas, LLC Brokerage Phone: (512) 431-2120 License #0777927
Home Details
Home Type
- Single Family
Year Built
- Built in 1932
Lot Details
- 9,927 Sq Ft Lot
- Southwest Facing Home
- Mature Trees
- Back and Front Yard
Home Design
- HardiePlank Type
Interior Spaces
- 5,515 Sq Ft Home
- 3-Story Property
- Neighborhood Views
- Dishwasher
- Washer and Dryer
Bedrooms and Bathrooms
- 9 Bedrooms | 4 Main Level Bedrooms
Parking
- 5 Parking Spaces
- Driveway
Schools
- Lee Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Terrace
- Guest House
Community Details
- No Home Owners Association
- Aldridge Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 02180412020000
- Tax Block 4
Map
Home Values in the Area
Average Home Value in this Area
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 | $28,293 | $1,382,515 | $678,660 | $703,855 |
| 2023 | $25,672 | $1,418,957 | $467,500 | $951,457 |
| 2022 | $31,700 | $1,605,113 | $467,500 | $1,137,613 |
| 2021 | $28,852 | $1,325,500 | $467,500 | $858,000 |
| 2020 | $18,231 | $850,000 | $467,500 | $382,500 |
| 2018 | $16,229 | $733,000 | $467,500 | $265,500 |
| 2017 | $15,148 | $679,246 | $467,500 | $211,746 |
| 2016 | $15,125 | $678,193 | $429,000 | $249,193 |
| 2015 | $16,225 | $767,797 | $306,900 | $460,897 |
| 2014 | $16,225 | $681,762 | $334,800 | $346,962 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $1,400,000 | -1.8% | $254 / Sq Ft |
| 10/20/2025 10/20/25 | Price Changed | $1,425,000 | -1.7% | $258 / Sq Ft |
| 10/09/2025 10/09/25 | Price Changed | $1,450,000 | -1.7% | $263 / Sq Ft |
| 10/02/2025 10/02/25 | Price Changed | $1,475,000 | -1.7% | $267 / Sq Ft |
| 09/03/2025 09/03/25 | For Sale | $1,500,000 | -- | $272 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | -- | -- | |
| Vendors Lien | -- | Chicago Title Insurance Co | |
| Warranty Deed | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $295,400 | Commercial | |
| Previous Owner | $368,000 | Commercial | |
| Closed | $0 | Assumption |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7203256
APN: 212999
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