$2,095,000

Property Overview

This East Austin compound on 8th Street presents a rare income-generating opportunity with two distinct dwellings on a single 5,632-square-foot lot. The street-facing 1930s bungalow showcases original architectural character alongside thoughtful modern updates, while the newly constructed contemporary home rises three stories with floor-to-ceiling windows, premium finishes, and independent alley access. Connected by a tiered terrace, resort-style pool, and recently completed pool cabana, the properties offer flexible rental configurations ideal for short-term income strategies.

Built in 2023, the 3,500-square-foot compound delivers six bedrooms and five baths across both structures, blending East Austin's celebrated historical aesthetic with contemporary luxury. The newer home features clean lines and designer touches throughout, while the vintage bungalow retains its vintage appeal with quality renovations. Downtown views frame the outdoor spaces, where the pool and cabana create an inviting retreat that guests consistently favor.

Positioned in one of Austin's most vibrant neighborhoods known for its thriving arts scene, acclaimed restaurants, and breweries, this property captures both the cultural energy and investment potential of East Austin. At $599 per square foot, the asking price reflects the property's premium positioning and dual-revenue capabilities within a neighborhood where median pricing sits at $534 per square foot.

Vox Residential Insight

This is the kind of dual-purpose property that doesn't hit the market often in East Austin, and Vox Residential recognizes its appeal to investors seeking both lifestyle and income generation. The combination of heritage character and new construction, along with thoughtfully designed outdoor amenities, positions it as a standout in a neighborhood experiencing significant growth.

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 $599/sqft, this listing is priced 13% above the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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