Property Description
Dual-Dwelling Turnkey STR Investment with Downtown Views. A rare income-producing compound in one of Austin's most sought-after neighborhoods, offering two fully distinct dwellings on a single lot, each with its own character, each delivering serious returns.
At the street, a beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronts E. 8th Street with original architectural details and thoughtfully updated finishes — quintessential Austin charm preserved and polished. Behind it, a newly constructed contemporary home (5 bed / 3.5 bath) spans three levels with floor-to-ceiling windows, sleek designer finishes, and alley access for complete privacy. The two structures are connected by a stunning tiered terrace and private pool with stylish outdoor lounge areas, anchored by a newly built pool cabana that has quickly become a guest favorite — extending outdoor enjoyment and adding yet another dimension to the property's appeal.
The dual-dwelling layout unlocks flexible rental configurations: book the entire property for large groups, or operate the units independently to maximize occupancy. The result is $250,000+ in verified annual STR revenue, with revenue documentation available upon request.
Sold fully turnkey: all furnishings and accessories included. Everything is in place to perform from day one.
The location is a major draw for guests. Celebrated restaurants are steps away, including Bread Boat, Space Cowboy, and CAMPO. Coffee is well-covered, with Figure 8, Klerje Coffee and Idlewild all within easy reach. College Row Park is just around the corner and Radius Butcher & Grocery, a beloved local market with farm-direct meats and prepared foods is practically next door on E. 7th Street. The property earns a Walk Score of 89, making it easy for guests to explore the best of East Austin without ever needing a car. Downtown Austin is just short Uber away,
An exceptional opportunity to acquire a proven, high-performing asset.
At the street, a beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronts E. 8th Street with original architectural details and thoughtfully updated finishes — quintessential Austin charm preserved and polished. Behind it, a newly constructed contemporary home (5 bed / 3.5 bath) spans three levels with floor-to-ceiling windows, sleek designer finishes, and alley access for complete privacy. The two structures are connected by a stunning tiered terrace and private pool with stylish outdoor lounge areas, anchored by a newly built pool cabana that has quickly become a guest favorite — extending outdoor enjoyment and adding yet another dimension to the property's appeal.
The dual-dwelling layout unlocks flexible rental configurations: book the entire property for large groups, or operate the units independently to maximize occupancy. The result is $250,000+ in verified annual STR revenue, with revenue documentation available upon request.
Sold fully turnkey: all furnishings and accessories included. Everything is in place to perform from day one.
The location is a major draw for guests. Celebrated restaurants are steps away, including Bread Boat, Space Cowboy, and CAMPO. Coffee is well-covered, with Figure 8, Klerje Coffee and Idlewild all within easy reach. College Row Park is just around the corner and Radius Butcher & Grocery, a beloved local market with farm-direct meats and prepared foods is practically next door on E. 7th Street. The property earns a Walk Score of 89, making it easy for guests to explore the best of East Austin without ever needing a car. Downtown Austin is just short Uber away,
An exceptional opportunity to acquire a proven, high-performing asset.
Essential Information
- MLS Number
- 1893924
- Status
- Active
- Days on Market
- 145
- Annual Taxes
- $25,479
- Price / Sq Ft
- $570
- Main-Level Bedrooms
- 1
- Full Baths
- 4
- Half Baths
- 1
- Courtesy of
- Compass RE Texas, LLC (512) 580-6580
Interior & Systems
- 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
- Heating
- Central
- Cooling
- Central Air
- Interior Features
- Smart Thermostat
- Flooring
- Tile, Wood
- Fireplaces
- 0
- Levels
- Three Or More
Community & Amenities
- Subdivision
- Grandview Place
- City
- Austin
- County
- Travis
- Pool
- Yes
- Waterfront
- No
- Community Features
- None
Exterior & Lot
- Roof
- Metal
- Foundation
- Pillar/Post/Pier, Slab
- Exterior Features
- Balcony, Private Yard
- Lot Features
- Alley Access, Front Yard, Gentle Sloping, Views
- Patio / Porch
- Awning(s), Deck, Wrap Around
- Fencing
- Wood
- Parking Features
- Additional Parking, Alley Access, Asphalt, Attached
- Other Structures
- Cabana, Pool House
School Information
- Elementary School
- Blackshear
- Elementary District
- Austin ISD
- Middle School
- Kealing
- Middle District
- Austin ISD
- High School
- Eastside Early College
- High District
- Austin ISD
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Estimated Mortgage
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Estimated principal & interest
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Taxes, insurance, HOA dues and other costs are not included.