Description
Discover a unique opportunity nestled in the heart of UT's vibrant West Campus at 1908 San Gabriel, Austin, TX 78705. This large uncommon property, "the San Gabriel house," is now being offered for sale for the first time in over 25 years. The San Gabriel house offers a diverse set of possibilities. It can be an exceptional find for business concerns, social organizations, and astute investors. In particular, for groups and enterprises that may be looking for a physical headquarters, the San Gabriel house is notable in having over 5000 sq. ft. of interior living area, with 8, 9, or 10 bedrooms or offices depending on how the spaces are allocated. Whether you envision a charming bed & breakfast, a dynamic office space, or a welcoming space for a fraternal organization, the possibilities are great. The property's versatility is boosted by the fact that next year the expected rental revenues will be around $170k. Thus the property will yield earnings while new ownership can develop new plans in their own time. And while there are technically two units for sale, this is essentially a single large house with a small attached apartment in back. The main house, a three-story plantation-style gem built in 1935, exudes character and timeless appeal. A conspicuous hallmark is the set of wrap-around balconies that beckon you to sit back and unwind, as generations of people have done in days gone by. Recent extensive renovations have breathed new life into this property, with all decks and the foundation receiving a complete overhaul in the past year. Now it stands ready for your creative vision to restore it to its full glory. The San Gabriel house offers you an opportunity to be part of the rich history and promising future of Austin's West Campus. An opportunity for you to seize this chance to transform a piece of Austin's heritage into your own unique venture.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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5,088SQFT
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$462$/SQFT
School Information
Description
Discover a unique opportunity nestled in the heart of UT's vibrant West Campus at 1908 San Gabriel, Austin, TX 78705. This large uncommon property, "the San Gabriel house," is now being offered for sale for the first time in over 25 years. The San Gabriel house offers a diverse set of possibilities. It can be an exceptional find for business concerns, social organizations, and astute investors. In particular, for groups and enterprises that may be looking for a physical headquarters, the San Gabriel house is notable in having over 5000 sq. ft. of interior living area, with 8, 9, or 10 bedrooms or offices depending on how the spaces are allocated. Whether you envision a charming bed & breakfast, a dynamic office space, or a welcoming space for a fraternal organization, the possibilities are great. The property's versatility is boosted by the fact that next year the expected rental revenues will be around $170k. Thus the property will yield earnings while new ownership can develop new plans in their own time. And while there are technically two units for sale, this is essentially a single large house with a small attached apartment in back. The main house, a three-story plantation-style gem built in 1935, exudes character and timeless appeal. A conspicuous hallmark is the set of wrap-around balconies that beckon you to sit back and unwind, as generations of people have done in days gone by. Recent extensive renovations have breathed new life into this property, with all decks and the foundation receiving a complete overhaul in the past year. Now it stands ready for your creative vision to restore it to its full glory. The San Gabriel house offers you an opportunity to be part of the rich history and promising future of Austin's West Campus. An opportunity for you to seize this chance to transform a piece of Austin's heritage into your own unique venture.
© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-09-26T11:00:39.01.
Based on information submitted to the MLS GRID as of 2023-09-26T11:00:39.01 (date and time MLS GRID Data was obtained).
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