$2,075,000
9 Beds
4.5 Baths
5,088 SqFt
0.18 Acre Lot
8,001 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1935
Neighborhood Carrington
Days on Website 78

Property Map

$2,075,000 – 1908 San Gabriel Street, Austin, TX 78705

Street View

Property listed by Realty Pros of Austin 512-401-3330 {attribution_contact}

Description

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.

Property Details and Features

Bathrooms

  • 1 half bathroom
  • 4 full bathrooms
  • 5 total bathrooms

Bedrooms

  • 9 total bedrooms
  • 2 bedrooms on main level

Building

  • Built in 1935
  • 5,088 sqft living area
  • Frame

Exterior Features

  • Balcony
  • Private Yard
  • Uncovered Courtyard

Fence

  • Back Yard
  • Partial

Fireplaces

  • 1 fireplace
  • Dining Room

Floors

  • Wood

Foundation

  • Pillar/Post/Pier

Heating

  • Central

Interior Features

  • Ceiling Fan(s)
  • Kitchen Island
  • Main Level Primary

Laundry

  • In Kitchen

Listing

  • Property Subtype: Single Family Residence
  • Listed on 2024-02-09

Location

  • County: Travis
  • Subdivision: Carrington

Lot

  • 0.1837 acres
  • Area: 0.1837
  • Back Yard
  • City Lot

Parking

  • Alley Access

Possession

  • Closing & Funding

Property

  • City
  • Neighborhood

Roof

  • Asphalt

Schools

  • Elementary School: Bryker Woods
  • Elementary School District: Austin ISD
  • Middle School: O Henry
  • Middle School District: Austin ISD
  • High School: Austin
  • High School District: Austin ISD

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $25,558
  • Year: 2023

Utilities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Request More Info

  • Hidden
  • Hidden
  • Hidden
    This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • Hidden
  • Hidden
  • Hidden
    This field is for validation purposes and should be left unchanged.