UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $616
Subdivision Grandview Place
MLS Listing ID 8698898
Bedrooms 6
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2023
Annual Tax Amount $21,793
Tax Year 2023
Lot Size 5,632 Sqft
Acres 0.1293
Property Sub-Type Single Family Residence
Source actris
Property Description
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.
Location
State TX
County Travis
Rooms
Main Level Bedrooms 1
Interior
Interior Features Smart Thermostat
Heating Heat Pump
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Appliance 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
Exterior
Exterior Feature Balcony, Private Yard
Garage Spaces 1.0
Fence Wood
Pool ENERGY STAR Qualified pool pump, Heated, In Ground
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View City, Downtown, Pool
Roof Type Metal
Porch Awning(s), Deck, Wrap Around
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Alley, Front Yard, Gentle Sloping, Views
Faces South
Foundation Pillar/Post/Pier, Slab
Sewer MUD
Water MUD
Level or Stories Three Or More
Structure Type Concrete,Wood Siding
New Construction No
Schools
Elementary Schools Blackshear
Middle Schools Kealing
High Schools Eastside Early College
School District Austin Isd
Others
Special Listing Condition Standard
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