About this home

Rare opportunity to acquire a stabilized, income-producing multifamily property in the heart of West Campus, one of Austin's most dynamic and redevelopment-focused neighborhoods. Just minutes from The University of Texas, downtown Austin, Texas Capitol Building, and major medical centers, this unique investment features five furnished income-producing studio residences with multiple rental strategies, including mid-term, long-term, and short-term rental potential. The heavy lifting has already been done. Units A through D are fully furnished. Unit A is leased through the end of 2026, Units B and C are secured under a new two-year lease with an experienced furnished rental operator, and Unit G is leased to the property's on-site cleaner, providing immediate cash flow with minimal day-to-day management. The owner currently manages only one active Airbnb, while preserving significant future operational flexibility. Each studio offers private exterior access, modern finishes, updated kitchens and baths, mini-split HVAC systems, in-unit laundry, and private fenced patios. Four off-street parking spaces add significant value in one of Austin's most supply-constrained rental markets. Beyond today's income, the property offers exceptional long-term potential. West Campus has been the focus of Austin's planning efforts for more than two decades, with the City encouraging high-density, pedestrian-oriented redevelopment around the University of Texas through the University Neighborhood Overlay (UNO) and its ongoing updates. The area continues to be one of Austin's highest priorities for urban growth and increased housing capacity, making this an attractive long-term hold with future redevelopment and assemblage potential. Buyers may continue the current stabilized leasing strategy, expand furnished rental operations as leases expire (subject to applicable regulations), or position the property for future redevelopment as the neighborhood continues to evolve.

Facts and features

Schools

• Bryker Woods Elementary School

  elementary · K-5 · 1.3 mi

  8

• Austin High School

  high · 9-12 · 1.3 mi

  7

• O Henry Middle School

  middle · 6-8 · 1.5 mi

  6

• Long-View Micro School

  elementary · 2-8 · 0.2 mi

• Long-View Micro-School

  elementary · 2-8 · 0.2 mi

• The Isely School

  elementary · K-3 · 0.2 mi

Price history

• Oct 17, 2026 · Relisted$1,550,500
• Oct 9, 2026 · Listing Removed—
• Aug 18, 2026 · Listed$1,750,000
• May 13, 2024 · Sold—
• Mar 10, 2022 · Sold—
• Jan 13, 2022 · Listing Removed—
• Jan 12, 2022 · Relisted$875,000
• Dec 29, 2021 · Listing Removed—

Tax history

• 2026$21,187 tax · $1,035,308 assessed
• 2025$20,501 tax · $1,034,468 assessed
• 2024$19,087 tax · $900,000 assessed
• 2023$20,852 tax · $697,840 assessed
• 2022$15,189 tax · $652,080 assessed
• 2021$15,283 tax · $652,080 assessed
• 2020$13,986 tax · $640,640 assessed
• 2019$14,071 tax · $442,800 assessed

Home value

$1,609,000

• Collateral Analytics$1,609,000
• Quantarium$1,397,297

Where it is