Skip main navigation
Active
  • $1,995,000

    2511 San Gabriel St, Austin, TX 78705

    9beds
    3,142sqft
    : 
    $13,510/mo
    Get pre-qualified
    Single Family Residence
    Built in 1937
    6,926 Square Feet Lot
    $-- Zestimate®
    $635/sqft
    $-- HOA

    What's special

    Fully renovated
    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.
    45 days
    436
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony Lazarov (512) 762-8669,

    Resavvy LLC (512) 762-8669,

    Noemy Sanchez (512) 710-5369,

    Resavvy LLC

    Source: Unlock MLS,MLS#: 3242804MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bedrooms: 9
      Primary bedroom
      • Features: Ceiling Fan(s)
      • Level: Main
      Primary bathroom
      • Features: Quartz Counters
      • Level: Main
      Kitchen
      • Features: Quartz Counters
      • Level: Main
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Dryer, Oven, Range, Washer/Dryer
      Features
      • Breakfast Bar, Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, Gas Dryer Hookup, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s)
      • Flooring: Laminate
      • Windows: Wood Frames
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 3,142 sqft

      Property

      Parking
      • Parking features: Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Private Yard
      • Pool features: None
      • Spa features: None
      • Fencing: Front Yard, Privacy
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 6,926 Square Feet
      • Dimensions: 128 x 54
      • Features: Alley Access, Back Yard, Trees-Large (Over 40 Ft)
      Details
      • Additional structures: None
      • Parcel number: 02140101120000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1937

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Wooten Goodall
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $635/sqft
      • Tax assessed value: $1,017,497
      • Annual tax amount: $20,823
      • Date on market: 7/14/2026
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/18/2026Listing removed$9,000$3/sqft
        Source: Zillow Rentals Report a problem
        7/24/2026Price change$9,000+80%$3/sqft
        Source: Zillow Rentals Report a problem
        7/17/2026Price change$5,000-28.6%$2/sqft
        Source: Zillow Rentals Report a problem
        7/14/2026Listed for sale$1,995,000-9.1%$635/sqft
        Source: Unlock MLS #3242804 Report a problem
        7/2/2026Price change$7,000+16.8%$2/sqft
        Source: Zillow Rentals Report a problem
        6/27/2026Price change$5,995-14.4%$2/sqft
        Source: Zillow Rentals Report a problem
        6/21/2026Price change$7,000-6.7%$2/sqft
        Source: Zillow Rentals Report a problem
        5/27/2026Price change$7,500-6.2%$2/sqft
        Source: Unlock MLS #2628437 Report a problem
        5/16/2026Listing removed$2,195,000$699/sqft
        Source: Unlock MLS #3242804 Report a problem
        5/15/2026Listed for rent$7,995$3/sqft
        Source: Unlock MLS #2628437 Report a problem
        5/14/2026Listing removed$7,995$3/sqft
        Source: Zillow Rentals Report a problem
        5/8/2026Price change$7,995-50%$3/sqft
        Source: Zillow Rentals Report a problem
        4/2/2026Price change$16,000+77.8%$5/sqft
        Source: Zillow Rentals Report a problem
        3/31/2026Price change$9,000-10%$3/sqft
        Source: Zillow Rentals Report a problem
        3/7/2026Price change$10,000-7%$3/sqft
        Source: Zillow Rentals Report a problem
        3/5/2026Price change$10,755-2.2%$3/sqft
        Source: Zillow Rentals Report a problem
        2/25/2026Price change$10,995-31.3%$3/sqft
        Source: Zillow Rentals Report a problem
        2/23/2026Price change$16,000+18.6%$5/sqft
        Source: Zillow Rentals Report a problem
        1/14/2026Price change$13,495-10%$4/sqft
        Source: Zillow Rentals Report a problem
        1/7/2026Price change$14,995+7.5%$5/sqft
        Source: Zillow Rentals Report a problem
        12/2/2025Price change$13,950-0.3%$4/sqft
        Source: Zillow Rentals Report a problem
        11/10/2025Price change$13,995-6.7%$4/sqft
        Source: Zillow Rentals Report a problem
        10/13/2025Price change$14,995-6.3%$5/sqft
        Source: Zillow Rentals Report a problem
        9/25/2025Listed for rent$15,995$5/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,823 -6.2%$1,017,497 -9.2%
        2024$22,196 +15.6%$1,120,000 +5.5%
        2023$19,206 +5.4%$1,061,567 +15%
        2022$18,229 $923,001 +20.8%
        2021-- $763,901 +22.1%
        2020$13,934 +3.8%$625,781
        2019$13,422 +5.4%$625,781 +4.2%
        2018$12,730 $600,626 +4.5%
        2017$12,730 +8.4%$575,000 +1%
        2016$11,745 $569,067 +2.8%
        2015$11,745 $553,316 +12.1%
        2014$11,745 $493,520 -6.9%
        2013-- $530,342 +9.8%
        2012-- $483,000
        2011-- $483,000
        2010-- $483,000 -4.2%
        2009-- $504,380 +2.5%
        2008-- $492,000 +2.9%
        2007-- $478,000 -18.1%
        2006-- $583,893
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West University

        Getting around

        90 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bryker Woods
        • Middle: O Henry
        • High: Austin
        • District: Austin ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts