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2511 San Gabriel St, Austin, TX 78705

Austin
Local realty services provided by:CENTURY 21 North East
Listed by: tony lazarov, noemy sanchez
Office: resavvy llc.
MLS#:3242804
Source:ACTRIS
2511 San Gabriel St,Austin, TX 78705
$1,995,000Last list price
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Single family
  • Sold

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Price summary

  • Price:$1,995,000

About this home

Fully renovated 9-bed/4-bath trophy student rental two blocks from UT Austin, in the rare UNO high-rise overlay. Amazing investment opportunity. A 7%+ cap on actual rents in Class-A West Campus is structurally rare. This deal layers in forward leases, day-1 equity, and a redevelopment option for free. Signed pre-lease at $17.5K/mo through July 2028 - see the attached Offering Memorandum for the full details. 6–10 BD houses near UT are pre-leased years in advance. UNO zoning makes high-rises more profitable to build, so large houses are vanishing — not being added. Locked at $10K/mo through Jul '27. Pre-lease at $17,500/mo signed through Jul '28. Oct 2023 appraisal: $2,425,000 (sales-comparison + cost + income approaches all reconciled). Day-1 equity built into the basis. Taken to studs in 2023: HVAC, electrical, plumbing, roof, foundation, kitchen, baths. Permitted. C2 (no deferred maintenance). MF-4-NP inside UNO permits high-rise. The land alone is the long-tail option — eventual...

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Home facts

  • Year built:1937
  • Subdivision & Development:Wooten Goodall
  • Listing ID #:3242804
  • Updated:October 16, 2026 at 04:45 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Kitchen Description:Disposal, Oven, Range

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1937
  • Lot Features:Alley, Back Yard, Trees-Large (Over 40 Ft)
  • Construction Materials:Frame, Stucco
  • Exterior Features:Private Yard
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:Austin
  • Elementary school:Bryker Woods

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000

Features and amenities

  • Appliances:Disposal, Dryer, Oven, Range, Washer/Dryer
  • Laundry features:Dryer, Washer/Dryer

Parking

  • Total parking spaces:7
  • Parking description:Off Street
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated October 16, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS. ACTRIS Member Broker: Chris de la Garza

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