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)… Read More 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. Read Less
Property listed by Compass RE Texas, LLC 512-575-3644 (512) 580-6580
Listing Snapshot
Days Online
28
Last Updated
Property Type
SingleFamilyResidence
Beds
6
Full Baths
4
Partial Baths
1
Square Ft.
3,500
Lot Size
0.13 Acres
Year Built
2023
MLS Number
1893924
Additional Details
Building
Built in 2023, 3,500 sqft living area, Concrete, Wood Siding, Three Or More
Disclosures
Seller Disclosure
Exterior Features
Balcony, Private Yard
Fence
Wood
Floors
Tile, Wood
Foundation
Pillar Post Pier, Slab
Garage
1 garage space
Heating
Central
Interior Features
Smart Thermostat
Lot
0.1293 acres, Area: 0.1293, Alley, Front Yard, Gentle Sloping, Views
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