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$1,400,000
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Property Description
Incredible Investment Opportunity in Historic Aldridge Place Step into a piece of Austin history with this rare 1932-built multi-family gem, nestled in the heart of Aldridge Place-one of the city's most beloved and storied neighborhoods. For nearly a century, this timeless residence has served generations of University of Texas students, its walls echoing decades of academic ambition and Austin culture. Sitting on a generous quarter-acre lot in North UT Campus, the property features a stately four-story main house configured as two spacious, character-rich units. Unit B spans two stories with 4-5 bedrooms and 3 full bathrooms, while the other (Unit A) offers 3 bedrooms and 1.5 bathrooms-ideal for student housing, co-living, or long-term rentals. A standout feature is the oversized Unit C, accessed via West 34th Street, which includes three flexible bedroom/living spaces and 3 full bathrooms-presenting a unique opportunity for additional rental income or private guest quarters. Whether you're an investor looking to renovate and maximize rental returns, or a visionary homeowner seeking to transform this historic structure into a grand single-family residence with a separate guest home in the rear, the potential here is as expansive as the lot itself. Sold as-is, with rental and maintenance history available. Bring your imagination-and be part of the next chapter in this icon.
Full Property Details
Full Property Details for 408 W 33rd St
General
- Price: $1,400,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7203256
- Updated: 12/30/2025
- Added to Site: 138 day(s) ago
Interior
- Appliances: Dryer, Dishwasher, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 9
- Bedrooms Main: 4
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Terrace
Parking
- Total Spaces: 5
- Parking Features: Driveway
Location
- Area: UT
- County: Travis
- Subdivision: Aldridge Place
- Driving Directions: Head north on Guadalupe St. Right on W 33rd St.
- Direction Faces: Southwest
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Lee
- Middle School: Kealing
- High School: McCallum
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: HardiPlank Type
- Square Feet: 5,515
- Sq. Ft. Source: See Remarks
- Living Area: 5,515 Sq. Ft.
- Year Built: 1932
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2279
- Lot Size (Sq. Ft.): 9,927.32
- Lot Features: Back Yard, Front Yard, Trees Large Size
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $1,484,994
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Fannie Mae, Texas Vet
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 37 BLK 4 OLT 74 DIV D ALDRIDGE PLACE
- Disclosures/Reports: Seller Disclosure
- Property ID: 2180412020000
- Block: 4
- Lot Number: 37
Listed by Compass RE Texas, LLC
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Schools
Schools serving 408 W 33rd St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School, Austin, TX 3308 Hampton Road, Austin, TX 78705 | K-6 | 0.8 mi |
Kealing Middle School 1607 Pennsylvania Avenue, Austin, TX 78702 | 6-8 | 2.2 mi |
Mccallum High School 5600 Sunshine Drive, Austin, TX 78756 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 W 33rd St
Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$1,400,000
-1.75%
MLS
10/20/2025
Price Reduced
$1,425,000
-1.72%
MLS
10/09/2025
Price Reduced
$1,450,000
-1.69%
MLS
10/06/2025
Price Reduced
$1,475,000
-1.67%
MLS
9/03/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 W 33rd St
408 W 33rd Street, Austin, TX 78705 (MLS# 7203256) is a Single Family property with 9 bedrooms, 7 full bathrooms and 1 partial bathroom. 408 W 33rd Street is currently listed for $1,400,000 and was received on September 03, 2025. Want to learn more about 408 W 33rd 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.

