Active · MLS# 1893924

1914 E 8th St

Austin, TX, 78702

$1,995,000

6 Beds · 5 Baths · 3,500 SF · $570/SF

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.

Property Details

Property type

Single Family Residence

Living area

3,500 sq ft

Bedrooms

6

Bathrooms

4 full · 1 half

Year built

2023

Lot size

0.1293 acres

Garage

1 spaces

Subdivision

Grandview Place

County

Travis

Annual taxes

$25,479

Pool

Private pool

Schools

Elementary

Blackshear

Middle

Kealing

High

Eastside Early College

Features

Interior

Smart Thermostat

Exterior

Balcony · Private Yard

Flooring

Tile · Wood

Heating

Central

Cooling

Central Air

Views

City · Downtown · Pool

Listing courtesy of Mike Mogavero, Compass RE Texas, LLC. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.