$2,000,000
For Sale

1908 San Gabriel Street

Austin, TX 78705
5088 sqft | 9 beds | 4.5 baths | 0.18 acres | #6058379
Browse 6 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover the San Gabriel House, a landmark property nestled in the vibrant West Campus of the University of Texas at Austin. Boasting over 5,000 square feet, this property features 8-10 bedrooms or offices, making it a prime investment with a proven track record of generating $171,000 in annual rental income. Over the last 25 years, this home has seen consistent increases in rent and has never experienced vacancy, promising continued growth in revenue.
Recently renovated between 2021-2022, the property now includes modern upgrades such as new decks, balconies, HVAC systems, roof, and foundation. These enhancements not only elevate its appeal but also its functionality, making it suitable not just for student housing but also as a potential headquarters or satellite office for businesses or fraternal organizations.
The three-story main house, originally built in 1935 with a charming plantation-style architecture, is now poised for cosmetic restoration, offering new owners the chance to personalize this piece of Austin's heritage. Seize the opportunity to own a historic property with significant income potential in one of Austin's most desirable neighborhoods. Don't miss your chance to invest in this legacy property where history meets opportunity in the heart of West Campus.

  • Property Details
      • InteriorCeiling Fans, Separate Formal Dining Room, In Law Floorplan, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, MainL
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      • Exterior MaterialsBalcony, Private Yard, Uncovered Courtyard
      • Lot DescriptionAlley, Back Yard, City Lot
      • Property SubtypeSingleFamilyResidence
      • ViewCity, Neighborhood
      • FoundationPillar Post Pier
      • Sewer InformationPublic Sewer
      • Elementary SchoolBryker Woods
      • SubdivisionCarrington
      • School DistrictAustin ISD
      • Original List Price$2,000,000
      • Property TypePurchase
      • Middle SchoolO Henry
      • Taxes Annual$25,558
      • MLS #6058379
      • Cost2000000
      • MLS #6058379
      • Acres0.1837
      • Utility SourcePublic
      • High SchoolAustin
      • CountyTravis
      • Property ConditionResale
      • Square Feet5088
      • Year Built1935
      • Bathrooms4.5
      • Days on Market (Cumulative)12
      • Fireplaces1
      • Bedrooms9
      • Full Baths4
      • Half Baths1

Location

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6.0%

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2.6%
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