- 6 beds
- 5 baths
- 3,500 sqft
- 5,632 sqft lot
- $616 per sqft
- 2023 build
- – on site
Exceptional Short-Term Cash Cow Investment in the Heart of Austin, Featuring Downtown Views. 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.
Last checked:
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Checking…
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Last updated Jul 14, 2025
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MLS# 8698898 —
The Building
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Year Built:2023
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New Construction:false
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Roof:Metal
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Foundation:Pillar/Post/Pier
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Exterior Features:Balcony
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Accessibility Features:None
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Patio And Porch Features:Awning(s)
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Window Features:Double Pane Windows
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Levels:Three Or More
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Direction Faces:South
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Builder Name:GSH
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Habitable Residence:false
Interior
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Interior Features:Smart Thermostat
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Living:2
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Dining:2
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Flooring:Tile
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Laundry Location:See Remarks
Room Dimensions
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Living Area:3500
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Living Area Source:Public Records
Financial & Terms
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Possession:Funding
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Restrictions:None
Location
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Latitude:30.263325
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Longitude:-97.720674
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Directions:Property is located near the intersection of 8th Street and Lincoln Street.
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Parcel Number:02050814140000
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Property Condition:Resale
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Other Structures:Pool House
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Lot Features:Alley Access
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Lot Size Acres:0.1293
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Lot Size Area:0 Sqft
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Lot Size SqFt:5,632 Sqft
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SqFt Total:3,255 Sqft
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View:City
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Fencing:Wood
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 580-6580
- Office phone:
- (512) 575-3644
Taxes
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Tax Annual Amount:$21,793.99
Beds
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Beds:5
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Bedrooms Total:6
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Main Level Bedrooms:1
Baths
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Total Baths:4.5
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Total Baths:5
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Full Baths:4
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Vacant
Heating & Cooling
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Heating:Heat Pump
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Sewer:Municipal Utility District (MUD)
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Water Source:Municipal Utility District (MUD)
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Electric On Property:true
Appliances
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Appliances:ENERGY STAR Qualified Appliances
Schools
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Elementary School:Blackshear
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Elementary School District:Austin ISD
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Middle School:Kealing
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Middle School District:Austin ISD
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High School:Eastside Early College
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High School District:Austin ISD
The Community
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Subdivision Name:Grandview Place
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Community Features:None
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Pool Private:true
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Pool Features:ENERGY STAR Qualified pool pump
Parking
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Parking Features:Additional Parking
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Garage:false
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Attached Garage:true
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Garage Spaces:1
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Covered Spaces:1
Monthly cost estimate

Asking price
$2,157,950
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,555
|
Taxes | $1,816 |
Insurance | $593 |
Utilities | $211 See report |
Total | $14,175/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.