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$1,995,000
9 Beds
4 Baths4 full baths
3,142sqft
2511 San Gabriel St, Austin, TX 78705
$1,995,000
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Single Family Residence
Built in 1937
$-- HOA
6,926.04 sqft lot
$635/sq.ft
Description
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...
Continue Reading- Houzeo last checked: 40 minutes ago
- Listing updated: July 26, 2026 at 9:53 pm
- Listing Provided by: Tony Lazarov (512) 762-8669 , Noemy Sanchez | Resavvy LLC (512) 762-8669
- Source: Unlock MLS-TX | MLS#: 3242804
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1937
HOA Fees
-
Finished Area
3,142 sqft
Lot Size
6,926.04 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
3242804
MLS Status
Active
Days on Market
76
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