Active
1908 San Gabriel ST
Austin TX, 78705
$2,075,000
$407.82 per sqft
Active
9 Beds
4.5 Baths
5,088 sqft
Residential
Built in 1935
Introducing the San Gabriel House, a distinctive legacy property in West Campus, University of Texas, Austin. With over 5000 sq. ft. of living space and 8-10 bedrooms/offices, it offers unrivaled rental revenues, soon exceeding $200k annually.
The rents for this property have never failed to increase in 25 years. Also, the property has never been vacant in 25 years. The revenues are thus projected to increase with no foreseeable ceiling.
There have been extensive renovations in 2021-22, including new decks, balconies, HVAC, roof, and foundation.
Beyond student rentals, it presents diverse potential as a headquarters or satellite office for a business or fraternal organization, thanks to the recent renovations and unique features.
This structural overhaul has created the option of a cosmetic restoration. The three-story 1935 plantation-style main house can be considered to be primed for beautification, both inside and out.
The owner's personal circumstance requires that he sell the property. Thus, this piece of Austin's heritage is now available for purchase.
3171664
MLSⓇ ID
February 9, 2024
Listed
March 28, 2024
Updated
Map
1908 San Gabriel ST
Austin TX, 78705
Interior Features
Total Stories
3
Bedrooms
9 Beds
Bathrooms
4.5 Baths
Interior Features
Ceiling Fan(s), Kitchen Island, Primary Bedroom on Main
Appliances
See Remarks
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Dining Room
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.18 Acres
Exterior Features
Balcony, Uncovered Courtyard, Private Yard
Lot Features
Back Yard, City Lot
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Bryker Woods
Other Property Details
Area Name
UT
Taxes
$25,558
Tax Frequency
Annually
Garage
No
Parking
Alley Access
View
Yes
View Description
City, Downtown, Neighborhood, See Remarks
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
3/28/2024 | Price Change | $2,075,000 -4% |
Courtesy of Realty Pros of Austin
Listing Contact: (512) 401-3330
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 7:38 PM UTC, 3/28/2024
