Date
Details
Price
Change
Source
7/22/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$1,750,000
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Property Description
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.
Full Property Details
Full Property Details for 2201 Leon St
General
- Price: $1,750,000
- Taxes: $21,187 (2026)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 6989655
- Updated: 8/18/2026
- Added to Site: 37 day(s) ago
Interior
- Interior Features: Breakfast Bar, Open Floorplan, See Remarks
- Fireplace(s): None
- Appliances: Built-In Gas Range, Cooktop, Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Microwave, Refrigerator, Range Hood, See Remarks, Stainless Steel Appliance(s)
- Flooring: Tile, Vinyl
Rooms
Other Rooms
- Laundry: In Unit, Washer Hookup, Dryer Hookup, Stacked
Additional Information
- Shared Amenities: None
- Security/Safety: Security Lights
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Awning(s), Patio
Parking
- Total Spaces: 4
- Parking Features: See Remarks
Location
- Area: UT
- County: Travis
- Subdivision: Peterson
- Driving Directions: From Guadalupe Street, head west on W. 22nd Street, turn left on Leon Street, and continue to 2201 Leon Street. Property is on the right.
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Bryker Woods
- Middle School: O Henry
- High School: Austin
Community
- Assoc. Name: NA
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type, See Remarks, Vinyl Siding, Wood Siding
- Roof: Asbestos Shingle
- Windows: Blinds, Double Pane Windows, Screens
- Stories/Levels: 1
- Square Feet: 2,288
- Sq. Ft. Source: Public Records
- Living Area: 2,288 Sq. Ft.
- Year Built: 1956
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding, Second Residence, Storage
Lot Features
- Lot Size (Acres): 0.155
- Lot Size (Sq. Ft.): 6,751.8
- Fence: Yes
- Lot Features: Alley, Back Yard, Front Yard, Landscaped, Native Plants, See Remarks
- Fencing (Description): Fenced, See Remarks, Wood
Financial Considerations
- Assessment Amount: $1,034,468
- Tax Amount: $21,187.42
- Tax Year: 2026
- Terms: Cash, Conventional
- Owner Pays: Exterior Maintenance, Gas, Grounds Care, HVAC Maintenance, Insurance, Pest Control, Repairs, Roof Maintenance, Sewer, Trash Collection
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: Lease, See Remarks, Survey
- Legal Description: LOT 9 OLT 31 DIV D PETERSON SUBD
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure, See Remarks
- Property ID: 1130008190000
- Lot Number: 9
Listed by DEN Property Group
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Listing agent
— 2201 Leon St —
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Schools
Schools serving 2201 Leon St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Bryker Woods Elementary School 3309 Kerbey Lane, Austin, TX 78703 | K-5 | 1.3 mi |
O Henry Middle School 2610 West 10th Street, Austin, TX 78703 | 6-8 | 1.4 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2201 Leon St
Tax History
Tax History for 2201 Leon St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,170
1%
$1,034,468
-2%
2024
$20,908
52%
$1,055,014
17%
2022
$13,782
—
$900,000
29%
2022
$13,782
-3%
$697,840
7%
2021
$14,194
-2%
$652,080
—
2020
$14,520
4%
$652,080
2%
2020
$13,986
44%
$640,640
45%
2018
$9,726
1%
$442,800
2%
2016
$9,656
—
$432,960
—
2017
$9,656
7%
$432,960
10%
2015
$9,037
29%
$393,600
33%
2014
$7,025
-3%
$295,200
—
2013
$7,271
—
$295,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2201 Leon St
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- Single Family
- Active
- Updated 22 hours ago
- 3Beds
- 2Total Baths
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2201 Leon Street, Austin, TX 78705 (MLS# 6989655) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2201 Leon Street is currently listed for $1,750,000 and was received on July 22, 2026. Want to learn more about 2201 Leon Street? Do you have questions about finding other Multi-Family real estate for sale in Central Austin? You can browse all Central Austin real estate or contact a Coldwell Banker agent to request more information.