$2,075,000 Price Analysis    ♡   Austin, TX 78705 9 bed 5 bath 5,088 SqFt ($407/SqFt) 8,002SqFt lot. Built 1935 Listed 2024-02-09, Taxes $25,558 | Ⓧ USDA Ineligible due to price & location near Austin |
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-styl 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.
Presented by Steve Johnson at
Realty Pros Of Austin.
Property MLS #3171664 from UnlockMLS
Bedrooms On Main Level: 2
Full Bathrooms: 4
1/2 Bathrooms: 1
Kitchen Island
Primary Bedroom on Main
Flooring: Wood
Window Features: Wood Frames
Fireplace Features: Dining Room
Heating Features: Central
Number of Fireplaces: 1
Private Yard
Fencing: Back Yard, Partial
Other Structures: Guest House
Patio And Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch
Lot Size Acres: 0.1837
Lot Size Square Feet: 8002
Parking Total: 4
Calculated Total Monthly Association Fees: 0
High School: Austin
Middle School: O Henry
School District: Austin ISD
Map directions Map directions Map directions Map directionsTax Block: 1
Source Listing Status: Active
County: Travis
Directions: FROM 24th go south on San Gabriel, House is on the right after you pass 22nd street.
Tax Year: 2023
Restrictions: Zoning
Source Property Type: Residential
Area: UT
Source Neighborhood: Carrington
Ownership Type: Common
Parcel Number: 01130013120000
Subdivision: Carrington
Flood Plain: No
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $357,126 + $600,000 $957,126 | $25,558 |
| 2022 | $552,700 + $390,000 $942,700 | $24,446 |
| 2021 | $290,800 + $390,000 $680,800 | $22,176 |
| 2020 | $290,800 + $390,000 $680,800 | $14,602 |
| 2019 | $294,737 + $390,000 $684,737 | $14,999 |
| 2018 | $285,000 + $390,000 $675,000 | $16,044 |
| 2017 | $365,000 + $350,000 $715,000 | $16,888 |
| 2016 | $335,789 + $341,000 $676,789 | $17,716 |
| 2014 | $398,873 + $240,000 $638,873 | $15,217 |
| 2014 | $265,795 + $352,000 $617,795 | $14,702 |
| 2013 | $165,336 + $240,000 $405,336 | $15,454 |
| 2012 | $unknown + $unknown $405,336 | $9,656 |
| 2011 | $unknown + $unknown $405,336 | $9,391 |
| 2010 | $unknown + $unknown $488,004 | $8,943 |
| 2009 | $unknown + $unknown $488,004 | $10,632 |
| 2008 | $unknown + $unknown $447,127 | $10,507 |
$2,075,000
UnlockMLS
Listed 2024-02-09
$2,140,000
UnlockMLS
Listing removed 2023-10-10
$0
UnlockMLS
Price Changed 2023-10-05
$2,350,000
UnlockMLS
Price Changed 2023-10-04
$2,340,000
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Listed 2023-09-13
$2,350,000
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Listing removed 2020-10-27
$0
AppfolioUnits
Price Changed for rent 2020-10-10
$11,700
AppfolioUnits
Listed for rent 2020-10-08
$10,500
AppfolioUnits
Listing removed 2017-12-07
$8,750
AppfolioUnits
Price Changed for rent 2017-10-26
$8,750
AppfolioUnits
Listed for rent 2017-10-21
$9,500
AppfolioUnits
Listing removed 2016-02-03
$8,200
AppfolioUnits
Listed for rent 2015-12-16
$8,200
AppfolioUnits
Listing removed 2011-03-03
$7,000
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Listed for rent 2011-01-11
$7,000
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Listing removed 2011-01-10
$7,500
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Listed for rent 2011-01-03
$7,500
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Listing removed 2009-12-13
$6,400
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Listed for rent 2009-10-18
$6,400
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Sold 2002-07-05
$0
Public Record
Sold 1998-09-23
$0
Public Record
Year Built: 1935
Construction Materials: Frame
Direction Faces: East
Foundation Details: Pillar/Post/Pier
Levels: Three Or More
Living Area Source: Public Records
Property Age: 89
Roof: Asphalt
House Style: 1st Floor Entry, Multi-level Floor Plan
Year Built Source: Public Records
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.