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Exceptional Short-Term Cash Cow Investment in the Heart of Austin, Featuring Downtown Views. Experience the perfect fusion of historic charm and modern luxury in this one-of-a-kind short-term rental property. Nestled in one of Austin's most desirable neighborhoods, this thoughtfully designed compound delivers both character and cash flow. The property consists of two distinct structures: A beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronting E. 8th Street, exuding timeless Austin charm with original architectural details and updated interior finishes. Connected via a stunning tiered terrace and private pool, a newly constructed contemporary home (5 bed / 3.5 bath) rises behind it, offering three levels of modern living with expansive windows, sleek finishes, and designer touches throughout. This home can also be accessed privately from the alley. This unique dual-dwelling layout creates flexible rental configurations "” from hosting large groups to offering separate units for couples or professionals - maximizing occupancy and nightly rates. Proven Income Generator. With an impressive $250k+ in annual STR revenue, this property is a high-performing investment with a strong track record. Revenue documents are available for verification upon request. Turnkey Sale. Includes all furnishings and curated wall art, making this a truly turnkey opportunity for investors looking to hit the ground running in Austin's competitive STR market. Key Features: Two separate dwellings on one lot, private pool with stylish outdoor lounge areas, modern amenities combined with vintage Austin charm, furniture, decor, and operational systems included, prime location near downtown, restaurants, and entertainment. Whether you're looking to grow your STR portfolio or enter the Austin market with a standout listing, this property offers the best of both worlds: historic appeal, contemporary design, and powerful income potential.
| LAST UPDATED | 7/14/2025 | TRACT | Grandview Place |
|---|---|---|---|
| YEAR BUILT | 2023 | COMMUNITY | Grandview Place |
| GARAGE SPACES | 1.0 | COUNTY | Travis |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Blackshear |
|---|---|
| Jr. High School | Kealing |
| High School | Eastside Early College |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater |
| AREA | 5 |
| CONSTRUCTION | Concrete, Wood Siding |
| EXTERIOR | Balcony, Private Yard |
| GARAGE | Attached Garage, Yes |
| HEAT | Heat Pump |
| INTERIOR | Smart Thermostat |
| LOT | 5632 sq ft |
| LOT DESCRIPTION | Front Yard, Gentle Sloping, Views |
| PARKING | Additional Parking, Alley Access, Asphalt, Attached |
| POOL | Yes |
| POOL DESCRIPTION | ENERGY STAR Qualified pool pump, Heated, In Ground, Private |
| STORIES | 3+ |
| SUBDIVISION | Grandview Place |
| TAXES | 21793.99 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Downtown, Pool |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Mike Mogavero, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 7/14/25 1:41 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2025.