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1914 E 8th StOn MarketTurnkey Airbnb

1914 E 8th St

Austin, TX 78702 · Travis County

$2,095,000
6bd · 4.5ba · 3,500 sqft · built 2023

A rare income-producing compound in Central East Austin with two fully distinct dwellings on one lot. At the street, a beautifully remodeled 1930s bungalow (1 bed / 1 bath) fronts E. 8th Street with original architectural details. Behind it, a newly constructed contemporary home (5 bed / 3.5 bath) spans three levels with floor-to-ceiling windows and alley access. The two structures are connected by a tiered terrace, private pool, and a newly built pool cabana. Sold fully turnkey with all furnishings included. On the market via MLS #1893924, listed by Mike Mogavero, Compass RE Texas, LLC.

Erika's take

Downtown views, sold fully furnished, and a walkable East Austin location. I'd recommend tweaking the design and furnishings to maximize income. Having two separate units means maximum income potential across multiple Airbnb listing configurations (rent the bungalow and main house separately, or as one combined booking). The pool + cabana is a strong shared amenity for both units.

Tax play notes

Travis CAD's 2026 assessment values the combined dual-structure improvement (the 2022-built main home plus the 1938 bungalow) at $905,408 of $1,184,427 total — a 76% improvement ratio. The county doesn't itemize value per structure, but with $250K+ in verified STR revenue and a mix of new (2022) and older renovated (1938) construction, this is a strong cost segregation candidate.

Projected annual revenue
$250,000
Avg nightly rate
Avg occupancy
Gross yield
11.9%

Per listing remarks: "$250,000+ in verified annual STR revenue, with revenue documentation available upon request."

Assessed value — land vs. improvement (2026)

Land
Improvement
Land value
$279,019
Improvement value
$905,408
Total assessed
$1,184,427
Source: county appraisal district record ↗

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Video walkthroughs

Added Aug 11, 2026