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.
Active
$1,995,000
2511 San Gabriel St, Austin, TX 78705
9beds
3,142sqft
Single Family Residence
Built in 1937
6,926 Square Feet Lot
$-- Zestimate®
$635/sqft
$-- HOA
What's special
Fully renovated
- 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#: 3242804
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
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listing removed | $9,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2026 | Price change | $9,000+80%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2026 | Price change | $5,000-28.6%$2/sqft |
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| 7/14/2026 | Listed for sale | $1,995,000-9.1%$635/sqft |
Source: | ||
| 7/2/2026 | Price change | $7,000+16.8%$2/sqft |
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| 6/27/2026 | Price change | $5,995-14.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2026 | Price change | $7,000-6.7%$2/sqft |
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| 5/27/2026 | Price change | $7,500-6.2%$2/sqft |
Source: Unlock MLS #2628437 Report a problem | ||
| 5/16/2026 | Listing removed | $2,195,000$699/sqft |
Source: | ||
| 5/15/2026 | Listed for rent | $7,995$3/sqft |
Source: Unlock MLS #2628437 Report a problem | ||
| 5/14/2026 | Listing removed | $7,995$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/8/2026 | Price change | $7,995-50%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Price change | $16,000+77.8%$5/sqft |
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| 3/31/2026 | Price change | $9,000-10%$3/sqft |
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| 3/7/2026 | Price change | $10,000-7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/5/2026 | Price change | $10,755-2.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Price change | $10,995-31.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2026 | Price change | $16,000+18.6%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Price change | $13,495-10%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2026 | Price change | $14,995+7.5%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Price change | $13,950-0.3%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2025 | Price change | $13,995-6.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2025 | Price change | $14,995-6.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2025 | Listed for rent | $15,995$5/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: West University
Nearby schools
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.






