1908 San Gabriel St, Austin, TX 78705

$2,350,000
5,088
SqFt
List Price
$2,350,000
Status
ACTIVE
MLS#
3214638
Days on Market
9
Living Area
5,088
Lot Size
8,001
Area
Austin - Central

Property Description

Discover a unique opportunity nestled in the heart of UT's vibrant West Campus at 1908 San Gabriel, Austin, TX 78705. This large uncommon property, "the San Gabriel house," is now being offered for sale for the first time in over 25 years. The San Gabriel house offers a diverse set of possibilities. It can be an exceptional find for business concerns, social organizations, and astute investors. In particular, for groups and enterprises that may be looking for a physical headquarters, the San Gabriel house is notable in having over 5000 sq. ft. of interior living area, with 8, 9, or 10 bedrooms or offices depending on how the spaces are allocated. Whether you envision a charming bed & breakfast, a dynamic office space, or a welcoming space for a fraternal organization, the possibilities are great. The property's versatility is boosted by the fact that next year the expected rental revenues will be around $170k. Thus the property will yield earnings while new ownership can develop new plans in their own time. And while there are technically two units for sale, this is essentially a single large house with a small attached apartment in back. The main house, a three-story plantation-style gem built in 1935, exudes character and timeless appeal. A conspicuous hallmark is the set of wrap-around balconies that beckon you to sit back and unwind, as generations of people have done in days gone by. Recent extensive renovations have breathed new life into this property, with all decks and the foundation receiving a complete overhaul in the past year. Now it stands ready for your creative vision to restore it to its full glory. The San Gabriel house offers you an opportunity to be part of the rich history and promising future of Austin's West Campus. An opportunity for you to seize this chance to transform a piece of Austin's heritage into your own unique venture.

Additional Information

Taxes
$25,558
Tax Year
2023
Year Built
1935
Exterior Features
Balcony, Uncovered Courtyard, Private Yard
Interior Features
See Remarks
Roof
Asphalt
Appliances
See Remarks
Construction
Frame
Num Fireplaces
1
Region
Austin - Central
View
City
School District
Austin ISD
Elementary School
Bryker Woods
High School
Austin
Middle School
O Henry
Sewer
Public Sewer
Street Name
San Gabriel St
Street Number
1908
Neighborhood
Carrington
Water
Public
Acres
0.18
County
Travis
Floor
Wood
Heating
Central
Lot Description
Back Yard, City Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty Pros of Austin. Contact: (512) 401-3330

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.