Active

1908 San Gabriel ST

Austin TX, 78705

$2,140,000


$420.60 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

February 15, 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%

Courtesy of Realty Pros of Austin

Listing Contact: (512) 401-3330

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

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 7:16 PM UTC, 2/15/2024

 

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