1914 E 8th ST, Austin TX 78702
MLS #242205353 · Compass RE Texas, LLC · Mike Mogavero
About this home
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) 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.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2023
- Full baths
- 4
- Half baths
- 1
- Lot size
- 0.1293
- Subdivision
- Grandview Place
- MLS area
- 5
- MLS #
- 242205353
Features
Interior features
- Smart Thermostat
Exterior features
- Balcony
- Private Yard
Additional details
- Parking
- Additional Parking, Alley Access, Asphalt, Attached
- Garage spaces
- 1
- Roof
- Metal
- Foundation
- Pillar/Post/Pier, Slab
- Annual tax
- $25,478
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Blackshear
- Middle
- Kealing
- High
- Eastside Early College
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Getting around
- Downtown Austin
- 1.4 mi
- Austin-Bergstrom Airport
- 5.6 mi
Straight-line distance, not drive time.
Market insights
Compared with 384 active homes in ZIP 78702 · HomeLocating listings
At $1,995,000, this home is priced 199% above the $667,450 median across 384 active homes in ZIP 78702, including other homes in Grandview Place.
Estimated monthly payment
Home price
$1,995,000
Down payment
20% ($399,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Compass RE Texas, LLC · Mike Mogavero
Listing data last updated Oct 2, 2026, 11:46 PM
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