$1,995,000

Property Overview

This East Austin compound on 8th Street delivers a rare dual-dwelling investment opportunity that bridges the neighborhood's past and future. The street-facing 1930s bungalow showcases original architectural character with thoughtful modern updates, while a newly constructed contemporary residence rises behind it with five bedrooms, three-and-a-half baths, and three levels of open living space. Floor-to-ceiling windows flood the main home with light, and alley access provides private entry completely separate from the charming front cottage.

The two structures connect via a tiered terrace anchoring a resort-style pool and spa with an attached cabana, creating distinct outdoor zones that flow seamlessly across the 5,632-square-foot lot. Downtown views punctuate the landscape while the open-plan contemporary design showcases designer finishes throughout. At nearly 3,500 square feet of total living space, the property positions itself as a flexible income generator in one of Austin's most vibrant neighborhoods, where thriving arts venues, celebrated restaurants, and breweries define the cultural character. The diverse East Austin corridor continues evolving with both historic preservation and new construction development, and this dual-property setup captures both sensibilities in a single, walkable location.

Vox Residential Insight

The dual-dwelling configuration here is genuinely uncommon in East Austin's current market, giving investors both a stabilized income stream and significant operational flexibility that appeals to a specific buyer profile. At Vox Residential, we're seeing strong demand for properties that balance the neighborhood's cultural authenticity with modern amenities, and this one delivers both in a way that justifies its 8% premium above the area median.

Agent 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.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $570/sqft, this listing is priced 13% above the East Austin median of $506/sqft.

Property Details

Listing data last updated: July 16, 2026

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