805 28 1/2 St, Austin, TX 78705

$1,050,000
5
BD
3
BA
2,256
SqFt

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List Price
$1,050,000
Status
ACTIVE
MLS#
1864253
Days on Market
0
Bedrooms
5
Bathrooms
3
Living Area
2,256
Lot Size
6,534
Area
Austin - Central

Property Description

Set on a corner lot in the heart of West Campus, this charming property pairs classic Craftsman character with established rental income and five dedicated off-street parking spaces, a rare combination this close to the University of Texas. A covered front porch welcomes you to the main home where warm hardwood floors, a decorative fireplace and a spacious kitchen create an inviting sense of home. Two full bathrooms and a flexible layout feature four large bedrooms or three bedrooms plus a second living or flex space. The home is leased for $4,800 per month through July 31, 2027. Positioned behind the main house, Unit B offers a 652-square-foot, one-bedroom, one-bath loft-style apartment and is leased for $1,200 per month through April 30, 2027. Together, the residences generate $6,000 in current monthly gross scheduled rent. Five dedicated parking spaces provide one for each bedroom which is a standout convenience near campus. Truly, a car isn't needed though as the University of Texas, the Drag, restaurants, shopping, coffee shops, and entertainment are all within a short walk, bike, or scooter ride. Proximity to UT supports the property’s rental appeal with a history of pre-leasing well in advance. As West Campus evolves with development and new construction, this property offers the character and space of a stand-alone home alongside opportunities to explore its longer-term potential. For example, Austin’s HOME initiative may provide a path to add a third dwelling unit, potentially generating even more income. Whether retaining the existing residences or exploring future development options, bring your vision to this property where a compelling next chapter is ready to be explored. Buyer to independently verify development feasibility to their satisfaction.

Additional Information

Taxes
$16,003
Tax Year
2026
Year Built
1924
Parking Spaces
5
Exterior Features
Exterior Steps
Interior Features
Built-in Features, Ceiling Fan(s), Beamed Ceilings, Ceiling-High, Laminate Counters, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Walk-In Closet(s)
Roof
Composition, Tar/Gravel
Appliances
Dishwasher, Disposal, Electric Range, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Water Heater
Construction
Frame
Num Fireplaces
1
Region
Austin - Central
School District
Austin ISD
Elementary School
Bryker Woods
High School
Austin
Middle School
O Henry
Sewer
Public Sewer
Stories
1
Street Name
28 1/2 St
Street Number
805
Neighborhood
Byrnes James Subd
Water
Public
Guest Accommodations
None
Acres
0.15
County
Travis
Floor
Tile, Vinyl, Wood
Heating
Central, Electric, Heat Pump, Separate Meters, Varies by Unit, Wall Furnace
Lot Description
Corner Lot, Trees-Medium (20 Ft - 40 Ft)

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Listing courtesy of eXp Realty, LLC. Contact: (512) 633-4619

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