Address
2511 San Gabriel St, Austin, TX
Price
$ 1,995,000
Property Attributes
- MLS#3242804
- TypeSingle Family
- Listing Status Active
- CountyTRAVIS
- CityAustin
- AreaUT
- NeighborhoodWooten Goodall
- Zip78705
- StyleSingle Family Residence
- Year Built1937
- Taxes$ 19206
- Price$ 1,995,000
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3142
- Lot Size0.159 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
Fully renovated 9-bed/4-bath trophy student rental two blocks from UT Austin, in the rare UNO high-rise overlay. Amazing investment opportunity. A 7%+ cap on actual rents in Class-A West Campus is structurally rare. This deal layers in forward leases, day-1 equity, and a redevelopment option for free. Signed pre-lease at $17.5K/mo through July 2028 - see the attached Offering Memorandum for the full details. 6–10 BD houses near UT are pre-leased years in advance. UNO zoning makes high-rises more profitable to build, so large houses are vanishing — not being added. Locked at $10K/mo through Jul '27. Pre-lease at $17,500/mo signed through Jul '28. Oct 2023 appraisal: $2,425,000 (sales-comparison + cost + income approaches all reconciled). Day-1 equity built into the basis. Taken to studs in 2023: HVAC, electrical, plumbing, roof, foundation, kitchen, baths. Permitted. C2 (no deferred maintenance). MF-4-NP inside UNO permits high-rise. The land alone is the long-tail option — eventual sale to a high-rise developer at premium dirt value.
| Elementary School | Middle School | High School |
|---|---|---|
| Bryker Woods Elementary School | O Henry Middle School | Austin High School |
| Price History | |
|---|---|
| 5/15/2026 | Listed $2,195,000 |
| 7/14/2026 | 10$1,995,000 |
General Features
| Living Area | 3142 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Roof | Composition |
| Appliances | Disposal,Dryer,Oven,Range,Washer/Dryer |
| Patio/Porch Features | Covered |
| Pool Features | None |
| Construction Materials | Frame,Stucco |
| Year Built | 1937 |
| View | None |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2023 |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | None |
| County | Travis |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Energy Efficient | None |
| Subdivision Name | Wooten Goodall |
| Facing Direction | Northeast |
| Green Sustainability | None |
| Other Structures | None |
| Full Baths | 4 |
| Status | Active |
| Directions | east of Lamar,west of Guadalupe north of 24th street |
| High School | Austin |
| City | Austin |
| Disclosures | Rental Records Available,Seller Disclosure |
| MLS Area | UT |
| Lot Size Square Feet | 6926.04 |
| Spa Features | None |
| Elementary School | Bryker Woods |
| Middle/Junior High School | O Henry |
| Property Condition | Updated/Remodeled |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1061567 |
Interior Features
| Interior Amenities | Breakfast Bar,Ceiling Fan(s),Quartz Counters,No Interior Steps,Open Floorplan,Primary Bedroom on Main,Walk-In Closet(s) |
|---|---|
| Flooring | Laminate |
| Total Fireplaces | 1 |
| Fireplace Features | Living Room |
| Window Features | Wood Frames |
| Total Bedrooms | 9 |
| Main Level Bedrooms | 9 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Fencing | Front Yard,Privacy |
| Parking Features | Off Street |
| Lot Features | Alley,Back Yard,Trees-Large (Over 40 Ft) |
| Water Source | Public |
| Total Parking | 7 |
| Foundation Details | Pillar/Post/Pier |
| Lot Dimensions | 128x54 |
| Lot Size Acres | 0.159 |
| Waterfront Y/N | No |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78705
Price
Taxes
Year Built
Visits
Austin Board of REALTORS® Copyright ©2026 All rights reserved.
MLS Technology® Oklahoma; All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The data relating to real estate for sale on this website comes in part from the Internet
Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing
Service. The IDX logo indicates listings of other real estate firms that are identified in
the detailed listing information. The information being provided is for consumers'
personal, non-commercial use and may not be used for any purpose other than to identify
prospective properties consumers may be interested in purchasing.
