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$1,500,000

NAL Estimated Property Value

604 W 9 ST, Austin, TX, 78701

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,580 Sq Ft
price_per_sqft$581.4 / sqft
Year BuiltBuilt in 1927

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTile, Wood

About this property

A rare opportunity to own a true gem in downtown Austin, this one-of-a-kind multifamily property offers charm, flexibility, and a prime location all in one. Just blocks from the vibrant energy of the West 6th Street District, the property is walkable to The Capitol, Courthouse, and numerous Austin staples. Currently configured as three distinct spaces, each with its own private entrance, this property offers immediate function and income: - Two of the spaces are set up as fully permitted short-term rentals (STRs), ideal for Airbnb or executive stays. - The third space is occupied by a respected long-term design firm, offering built-in rental income or the option to convert for personal or business use. Originally designed by renowned Texas historian Walter Prescott Webb, this 1920s-era property is a testament to timeless charm and thoughtful design. Each space is filled with character, featuring hardwood floors, adaptable layouts, and a distinct sense of place that reflects Austin’s creative spirit. Whether you're an investor, a visionary entrepreneur, or simply someone seeking a flexible live/work opportunity in the heart of the city, this property offers unmatched potential. With 10 permitted parking spaces in the rear, an extraordinary asset in this central location, and DMU zoning allowing for both residential and commercial use, the possibilities are truly endless. New roof January 2025. Opportunities like this rarely come to market. Here is your chance to own a storied piece of Austin’s past, while shaping its future.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

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

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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604 W 9 ST | Property Details | No Agent List