Exceptional Short-Term Cash Cow Investment in the Heart of Austin, Featuring Downtown Views. Experience the perfect fusion of historic charm and modern luxury in this one-of-a-kind short-term rental property. Nestled in one of Austin’s most desirable neighborhoods, this thoughtfully designed compound delivers both character and cash flow. The property consists of two distinct structures: A beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronting E. 8th Street, exuding timeless Austin charm with original architectural details and updated interior finishes. Connected via a stunning tiered terrace and private pool, a newly constructed contemporary home (5 bed / 3.5 bath) rises behind it, offering three levels of modern living with expansive windows, sleek finishes, and designer touches throughout. This home can also be accessed privately from the alley. This unique dual-dwelling layout creates flexible rental configurations — from hosting large groups to offering separate units for couples or professionals - maximizing occupancy and nightly rates. Proven Income Generator. With an impressive $250k+ in annual STR revenue, this property is a high-performing investment with a strong track record. Revenue documents are available for verification upon request. Turnkey Sale. Includes all furnishings and curated wall art, making this a truly turnkey opportunity for investors looking to hit the ground running in Austin’s competitive STR market. Key Features: Two separate dwellings on one lot, private pool with stylish outdoor lounge areas, modern amenities combined with vintage Austin charm, furniture, decor, and operational systems included, prime location near downtown, restaurants, and entertainment. Whether you're looking to grow your STR portfolio or enter the Austin market with a standout listing, this property offers the best of both worlds: historic appeal, contemporary design, and powerful income potential.
Active
$2,157,950
1914 E 8th St, Austin, TX 78702
6beds
3,500sqft
Est.:
Single Family Residence
Built in 2023
5,632.31 Square Feet Lot
$-- Zestimate®
$617/sqft
$-- HOA
What's special
Sleek finishesHistoric charmPrivate poolNewly constructed contemporary homeDesigner touchesModern luxuryExpansive windows
- 28 days
- on Zillow |
- 589 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 02:06am
Listed by:
Mike Mogavero (512) 580-6580,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 8698898

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
Features
- Smart Thermostat
- Flooring: Tile, Wood
- Windows: Double Pane Windows
Interior area
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Alley Access, Asphalt, Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Awning(s), Deck, Wrap Around
- Exterior features: Balcony, Private Yard
- Has private pool: Yes
- Pool features: ENERGY STAR Qualified pool pump, Heated, In Ground
- Fencing: Wood
- Has view: Yes
- View description: City, Downtown, Pool
- Waterfront features: None
Lot
- Size: 5,632.31 Square Feet
- Features: Alley Access, Front Yard, Gentle Sloping, Views
Details
- Additional structures: Pool House
- Parcel number: 02050814140000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2023
Details
- Builder name: GSH
Utilities & green energy
- Sewer: Municipal Utility District (MUD)
- Water: Municipal Utility District (MUD)
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Grandview Place
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $617/sqft
- Tax assessed value: $1,352,139
- Annual tax amount: $21,793
- Date on market: 7/14/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
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