1914 E 8th StAustin, TX 78702

Description

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 Information

Property type

Residential

Sub-type

Single Family Residence

Year built

2023

Living area

3,500 Sq Ft

Lot size

0.13 acres

Garage spaces

1

Parking spaces

4

Ownership

Fee-Simple

Days on market

128

MLS^® Listing#

1893924

Property Features

Interior

Smart Thermostat

Exterior

Balcony · Private Yard

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

Cooling

Central Air

Heating

Central

Flooring

Tile · Wood

Pool

ENERGY STAR Qualified pool pump · Heated · In Ground · Private

Parking

Additional Parking · Alley Access · Asphalt · Attached

Laundry

See Remarks

Patio

Awning(s) · Deck · Wrap Around

Fencing

Wood

Lot features

Front Yard · Gentle Sloping · Views

Construction

Concrete · Wood Siding

Foundation

Pillar/Post/Pier · Slab

Roof

Metal

Windows

Double Pane Windows

Security

Smoke Detector(s) · Fire Alarm

Other structures

Cabana · Pool House

Community

None

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Blackshear

Middle

Kealing

High

Eastside Early College

Financial Details

HOA

None

Annual taxes

$25,479Tax year 2023

Assessed value

$1,244,998

Parcel number

02050814140000

Directions

Property is located near the intersection of 8th Street and Lincoln Street.