$2,075,000

1908 San Gabriel Street, Austin, TX

9

Beds

5

Baths

5,088

Square feet

0.18

Acres

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.

Facts & Features

ListingFeed abor
MLS® # 3171664
Price $2,075,000
Bedrooms 9
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 5,088
Acres 0.18
Year Built 1935
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1908 San Gabriel Street
Subdivision Carrington
City Austin
County Travis
State TX
Zip Code 78705

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Features See Remarks
Parking Alley Access
View City, Neighborhood
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Wood
Appliances See Remarks
Heating Central
Fireplace Yes
# of Fireplaces 1
Fireplaces Dining Room
Stories Three Or More

Exterior

Exterior Features Balcony, Private Yard, Uncovered Courtyard
Lot Description Back Yard, City Lot
Roof Asphalt
Construction Frame
Foundation Pillar/Post/Pier

School Information

District Austin ISD
Elementary Bryker Woods
Middle O Henry
High Austin

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Contact Details (512) 401-3330

Listing Map

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