1914 E 8th St, Austin, TX 78702

$1,995,000
6
BD
5
BA
3,500
SqFt

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List Price
$1,995,000
Status
ACTIVE
MLS#
1893924
Price Change
▼ $100,000 1781311447
Days on Market
73
Bedrooms
6
Bathrooms
5
Living Area
3,500
Lot Size
5,632
Area
Austin - Central, Austin - East

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.

Additional Information

Taxes
$25,478
Tax Year
2023
Year Built
2023
Garage Spaces
1
Parking Spaces
4
Exterior Features
Balcony, Private Yard
Interior Features
Smart Thermostat
Roof
Metal
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
Construction
Concrete, Wood Siding
Region
Austin - Central, Austin - East
View
City
School District
Austin ISD
Elementary School
Blackshear
High School
Eastside Early College
Middle School
Kealing
Sewer
Public Sewer
Street Name
E 8th St
Street Number
1914
Neighborhood
Grandview Place
Water
Public
Guest Accommodations
Guest House
Acres
0.13
County
Travis
Floor
Tile, Wood
Heating
Central
Lot Description
Alley, Front Yard, Gentle Sloping, Views
Pool
Yes

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Listing courtesy of Compass RE Texas, LLC. Contact: (512) 580-6580

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