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$1,995,000

  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 4 Full Baths
  • 3,142 Sq. Ft.
  • 0.159 Acres
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Fully renovated 9-bed/4-bath trophy student rental two blocks from UT Austin, in the rare UNO high-rise overlay. Amazing investment opportunity. A 7%+ cap on actual rents in Class-A West Campus is structurally rare. This deal layers in forward leases, day-1 equity, and a redevelopment option for free. Signed pre-lease at $17.5K/mo through July 2028 - see the attached Offering Memorandum for the full details. 6-10 BD houses near UT are pre-leased years in advance. UNO zoning makes high-rises more profitable to build, so large houses are vanishing - not being added. Locked at $10K/mo through Jul '27. Pre-lease at $17,500/mo signed through Jul '28. Oct 2023 appraisal: $2,425,000 (sales-comparison + cost + income approaches all reconciled). Day-1 equity built into the basis. Taken to studs in 2023: HVAC, electrical, plumbing, roof, foundation, kitchen, baths. Permitted. C2 (no deferred maintenance). MF-4-NP inside UNO permits high-rise. The land alone is the long-tail option - eventual sale to a high-rise developer at premium dirt value.

Full Property Details for 2511 San Gabriel St

General

  • Price: $1,995,000
  • Taxes: (2023)
  • Status: Active
  • Type: Single Family
  • Source: Austin_MLS
  • MLS ID: 3242804
  • Updated: 7/26/2026
  • Added to Site: 152 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Ceiling Fan(s), Main Level Primary, No Interior Steps, Open Floorplan, Quartz Counters, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Dryer, Disposal, Oven, Range, Washer
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9
  • Bedrooms Main: 9

Other Rooms

  • Laundry: Main Level, Laundry Room, Electric Dryer Hookup, Gas Dryer Hookup

Additional Information

  • Shared Amenities: None
  • Spa Description: None
  • Security/Safety: None

Exterior

  • Exterior Features: Private Yard
  • Porch/Patio/Deck: Covered

Parking

  • Total Spaces: 7
  • Parking Features: Off Street

Location

  • Area: UT
  • County: Travis
  • Subdivision: Wooten Goodall
  • Driving Directions: east of Lamar, west of Guadalupe north of 24th street
  • Direction Faces: Northeast

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame, Stucco
  • Roof: Composition
  • Windows: Wood Frames
  • Stories/Levels: 1
  • Square Feet: 3,142
  • Sq. Ft. Source: Public Records
  • Living Area: 3,142 Sq. Ft.
  • Year Built: 1937
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.159
  • Lot Size (Sq. Ft.): 6,926.04
  • Lot Dimensions: 128 x 54
  • Fence: Yes
  • Lot Features: Alley, Back Yard, Trees Large Size
  • Fencing (Description): Front Yard, Privacy

Financial Considerations

  • Assessment Amount: $1,061,567
  • Tax Year: 2023
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Survey, Rent Rolls
  • Legal Description: LOT 3 OLT 53 DIV D WOOTEN GOODALL SUBD
  • Disclosures/Reports: Seller Disclosure
  • Property ID: 2140101120000
  • Lot Number: c

Listed by Resavvy LLC

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Listing agents

— 2511 San Gabriel St —

  • Resavvy LLC

  • Resavvy LLC

(512) 762-8669

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2511 San Gabriel St

School District:Austin Independent School District
NameGradesDistance
Bryker Woods Elementary School
3309 Kerbey Lane, Austin, TX 78703
K-51 mi
O Henry Middle School
2610 West 10th Street, Austin, TX 78703
6-81.6 mi
Austin High School, Austin, TX
1715 West Cesar Chavez Street, Austin, TX 78703
9-121.7 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 2511 San Gabriel St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Price Reduced
$1,995,000
-9.11%
MLS
5/14/2026
Listed
$2,195,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2511 San Gabriel St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,823
-6%
$1,017,497
-9%
2024
$22,196
22%
$1,120,000
6%
2022
$18,229
—
$1,061,567
15%
2022
$18,229
10%
$923,001
21%
2021
$16,628
19%
$763,901
22%
2020
$13,934
4%
$625,781
—
2020
$13,422
2%
$625,781
4%
2018
$13,193
4%
$600,626
4%
2016
$12,691
-9%
$575,000
1%
2017
$13,966
10%
$569,067
3%
2015
$12,705
-3%
$553,316
12%
2013
$13,063
—
$493,520
-7%
2013
$13,063
—
$530,342
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Resavvy LLC

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2511 San Gabriel Street, Austin, TX 78705 (MLS# 3242804) is a Single Family property with 9 bedrooms and 4 full bathrooms. 2511 San Gabriel Street is currently listed for $1,995,000 and was received on May 14, 2026. Want to learn more about 2511 San Gabriel Street? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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