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Active - House for sale

2511 San Gabriel St, Austin, TX 78705, USA

9 bds|4 bth|3,142 sqft

Facts & features

House Property type
1030 days on Beycome
1937 Year built
$762 Price/Sqft.
6,926 sqft Lot size

Why you’ll love it

An opportunity to own a Trophy cashflow property in the best possible location in Austin, TX. The property is a few short blocks from the UT campus and less than a mile from DT. This amazing 2023 remodeled house features, new or updated HVAC, plumbing, electrical, appliances, etc. It's a rare, 1 story house in such high demand, that the property has been pre-leased until July 31st, 2025 for $13,800 per mo. and from Aug 2025 until July 31st, 2026 for $15,000 per mo. That is about a 5.7% cap rate based on the asking price. This is a Core investment opportunity, rarely ever to come up for sale. Selling at a very high cap rate, and low expenses. This opportunity is turn-key with strong rental and price appreciation potential. It is located in the coveted UNO overlay so it also offers an amazing redevelopment future potential. Investment highlights: Core Investment * Strong cap rate and cash flow - ALready rented at $13,800/month until July 31st 2025 and Pre-leased from Aug 2025 until July 31st, 2026 for $15,000 per month. The expected rent for Aug 2026 - Aug 2027 term is $16,000/month Easy to maintain with a low expense ratio as the property is leased for a long term so no lease commissions, easy to self manage so no management fees needed, low expenses as rent is high but there is only one fridge, stove, W/D, etc to maintain, zero scaped property. The expense ratio is around 20% Amazing location in the UNO overlay in West Campus walking distance to UT. Ultra strong demand with groups looking to pre-lease 2-3 years in advance as houses like this are very rare and demand for them is oversized. Safe investment as the area is protected from economic fluctuations due to the UT and DT effects. Rent and price appreciation potential. Future re-development potential due to the UNO overlay.

Translating description...

Listings courtesy of Resavvy LLC as distributed by MLS GRID.

Listed by: Tony Lazarov • (512) 762-8669 • Resavvy LLC

Co-listed by: Noemy Sanchez • (512) 710-5369 • Resavvy LLC

Source: Unlock MLS as distributed by MLS GRID, MLS#: ACT3669358 Unlock MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$1,555,000$3,235,000
1%20%
0%90%
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Estimated monthly payment

$12,110/mo

  • Mortgage$12,110
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$1,904,025
Down payment held in escrow$479,000
Closing costs$35,925
beycome credit Est.$47,900

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Wooten Goodall

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$2,395,000 Listed price

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