Market insights

Compared with 252 active homes in ZIP 78702 · HomeLocating listings

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

Additional details

Parking

Additional Parking, Alley Access, Asphalt, Attached

Garage spaces

1

Roof

Metal

Foundation

Pillar/Post/Pier, Slab

Annual tax

$25,478

Schools

Assigned schools per the MLS.

School district

Austin ISD

Elementary

Blackshear

Middle

Kealing

High

Eastside Early College

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.

Location

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