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2511 San Gabriel St 3242804Edit search
ActiveMLS #3242804

2511 San Gabriel ST, Austin TX 78705

Austin, TX 78705 · Wooten Goodall

Single Family Residence for sale in Wooten Goodall

9Bedrooms
4Bathrooms
3,142Square Ft
0.16Acres
0Garage
1937Year Built
Back on Market
1 / 34
$1,995,000$2,195,000

Overview

Property Description

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.

Financial Info
Price
$1,995,000
$ / Sqft
$635
HOA
None
Tax Rate
1.809247%
Est. Taxes
$19,206.38
Tax Year
2023
Exemptions
None
Legal Info
Address
2511 San Gabriel ST
County
Travis
City
Austin
State
TX
Zip
78705
Subdivision
Wooten Goodall
Legal Description
LOT 3 OLT 53 DIV D WOOTEN GOODALL SUBD
Parcel
02140101120000
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Disposal, Dryer, Oven, Range, Washer/Dryer
Laundry
Laundry Room, Main Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior 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), None, Wood Frames
General Info
Beds
9 Total / 9 Main Level
Full / Half Baths
4 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1937 / Updated/Remodeled
Square Feet
3,142 / Public Records
Garage Desc
Off Street
Foundation
Pillar/Post/Pier
Roof
Composition
Construction
Frame, Stucco
Acres
0.16
Lot Description
Alley Access, Back Yard, Trees-Large (Over 40 Ft)
Restrictions
None
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
UT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Front Yard, Privacy
Exterior Features
Private Yard, Covered
Pool On Property
No
Area Amenities
None

Rooms

Rooms3 rooms

Main level

  • Kitchen

    Quartz Counters

  • Primary Bathroom

    Quartz Counters

  • Primary Bedroom

    Ceiling Fan(s)

Price history

Members only
Days on market
−$200,000 (−9.1%)
$2,195,000 → $1,995,000
1
Price reduction
Active
Since May 15, 2026
Price trend
List priceMay 2026 → Jul 2026
Property history4 events
DateEventPriceChange
Jul 14, 2026Back On Market
Jul 14, 2026Price Decrease$1,995,000−$200,000 (−9.1%)
May 16, 2026Hold
May 15, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Bryker Woods
Middle
O Henry
High
Austin

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,995,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$13,352 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $13,352

Principal & interest
$10,088
Property taxes
$1,601
Homeowners insurance
$1,663

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,596,000$17,839$103,215$1,578,161
2$1,578,161$19,034$102,020$1,559,127
3$1,559,127$20,308$100,745$1,538,819
4$1,538,819$21,668$99,385$1,517,151
5$1,517,151$23,120$97,934$1,494,031
6$1,494,031$24,668$96,386$1,469,363
7$1,469,363$26,320$94,734$1,443,043
8$1,443,043$28,083$92,971$1,414,961
9$1,414,961$29,963$91,090$1,384,997
10$1,384,997$31,970$89,084$1,353,027
  • Year 1$1,578,161
    Principal paid
    $17,839
    Interest paid
    $103,215
    Starting balance
    $1,596,000
  • Year 2$1,559,127
    Principal paid
    $19,034
    Interest paid
    $102,020
    Starting balance
    $1,578,161
  • Year 3$1,538,819
    Principal paid
    $20,308
    Interest paid
    $100,745
    Starting balance
    $1,559,127
  • Year 4$1,517,151
    Principal paid
    $21,668
    Interest paid
    $99,385
    Starting balance
    $1,538,819
  • Year 5$1,494,031
    Principal paid
    $23,120
    Interest paid
    $97,934
    Starting balance
    $1,517,151
  • Year 6$1,469,363
    Principal paid
    $24,668
    Interest paid
    $96,386
    Starting balance
    $1,494,031
  • Year 7$1,443,043
    Principal paid
    $26,320
    Interest paid
    $94,734
    Starting balance
    $1,469,363
  • Year 8$1,414,961
    Principal paid
    $28,083
    Interest paid
    $92,971
    Starting balance
    $1,443,043
  • Year 9$1,384,997
    Principal paid
    $29,963
    Interest paid
    $91,090
    Starting balance
    $1,414,961
  • Year 10$1,353,027
    Principal paid
    $31,970
    Interest paid
    $89,084
    Starting balance
    $1,384,997
First 10 of 30 years

Nearby

Courtesy of Resavvy LLC · (512) 762-8669

Listings courtesy of ACTRIS as distributed by MLS GRID.