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$1,695,500

NAL Estimated Property Value

1012 E 8th ST, Austin, TX, 78702

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,875 Sq Ft
price_per_sqft$589.74 / sqft
Year BuiltBuilt in 1904

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Energy Star Qualified Appliances, Free Standing Range, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesExterior Steps, Private Entrance, Private Yard

Building Information

Garage Spaces3

About this property

Located in the historic Robertson Hill District of East Austin stands the award-winning George A. Peterson House, a true gem that seamlessly blends Victorian charm with modern living concepts. This stunning home offers a flexible floor plan designed to cater to various family sizes and lifestyles. Upon entering the main house, you are greeted by spacious living areas, including front and back living rooms, and a Texas sized open kitchen with an over-sized floating peninsula perfect for gatherings with the family. The primary suite is a sanctuary of privacy, boasting a luxurious en-suite bathroom complete with a walk-in shower, claw-foot soaking tub, and dual sink stations. The secondary bedrooms offer privacy and separation, ideal for a growing family. Thoughtfully updated with modern amenities while preserving its elegant period features. The original pine-leaf wood floors have been beautifully restored to complement the Queen Anne mill-work found throughout the house. With 11-foot ceilings and an abundance of natural light from bay windows and walk-out French doors, the home exudes a warm and light-filled inviting atmosphere. Mindful of integrity value, plumbing and electrical have been updated where needed, including a new HVAC system. The property also includes a separate fully equipped apartment and a spacious 3-car garage, offering endless lifestyle and income opportunities. Outdoor living is a delight with a sizable .22-acre lot, a charming stone courtyard patio, and a lush green turfed lawn. Conveniently located within walking distance to downtown Austin and the vibrant entertainment districts of East Austin, this home is also zoned for renowned Mathews Elementary. The historical designation of the property also provides a substantial 70%+- annual tax savings. The George A. Peterson House embodies the perfect blend of historical elegance and modern convenience, offering a unique opportunity to live the good life in the heart of East Austin.

Investor Tools

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$1,695,500
Estimated Property Value
$0Estimated Mortgage Balance
$1,695,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,173 /month
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Cash Flow Estimate:
$3,391 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

1012 E 8th ST | Property Details | No Agent List