2201 Leon ST, Austin TX 78705
1 / 30
About This Property
Rare opportunity to acquire a stabilized, income-producing multifamily property in the heart of West Campus, one of Austin's most dynamic and redevelopment-focused neighborhoods. Just minutes from The University of Texas, downtown Austin, Texas Capitol Building, and major medical centers, this unique investment features five furnished income-producing studio residences with multiple rental strategies, including mid-term, long-term, and short-term rental potential.
The heavy lifting has already been done. Units A through D are fully furnished. Unit A is leased through the end of 2026, Units B and C are secured under a new two-year lease with an experienced furnished rental operator, and Unit G is leased to the property's on-site cleaner, providing immediate cash flow with minimal day-to-day management. The owner currently manages only one active Airbnb, while preserving significant future operational flexibility.
Each studio offers private exterior access, modern finishes, updated kitchens and baths, mini-split HVAC systems, in-unit laundry, and private fenced patios. Four off-street parking spaces add significant value in one of Austin's most supply-constrained rental markets.
Beyond today's income, the property offers exceptional long-term potential. West Campus has been the focus of Austin's planning efforts for more than two decades, with the City encouraging high-density, pedestrian-oriented redevelopment around the University of Texas through the University Neighborhood Overlay (UNO) and its ongoing updates. The area continues to be one of Austin's highest priorities for urban growth and increased housing capacity, making this an attractive long-term hold with future redevelopment and assemblage potential. Buyers may continue the current stabilized leasing strategy, expand furnished rental operations as leases expire (subject to applicable regulations), or position the property for future redevelopment as the neighborhood continues to evolve.
Features
- See Remarks
- Breakfast Bar
- Open Floorplan
- Stackable W/D Connections
Location
Map loading...
Schools
Property Details
Mortgage Calculator
Estimate your monthly payment (PITI)
* Estimate only. Does not include HOA fees, PMI, or other costs.
Tax Information
Listing History
| Jul 22, 2026 | Listed | Listing Courtesy of DEN Property Group - robert@denpg.com | $1,750,000 |
| Apr 24, 2025 | Off Market | ||
| Nov 24, 2024 | Listed | $1,295 |
| May 13, 2024 | Off Market | ||
| Jan 22, 2024 | Listed | $1,699,000 |
| Sep 20, 2023 | Off Market | ||
| Mar 9, 2023 | Listed | $2,250 |
| Mar 10, 2022 | Off Market | ||
| Jan 25, 2022 | Listed | $875,000 |
| Dec 24, 2021 | Off Market | ||
| Oct 22, 2021 | Listed | $865 |
| Dec 24, 2021 | Off Market | ||
| Dec 3, 2021 | Listed | $950 |
| Jan 12, 2022 | Off Market | ||
| Oct 14, 2021 | Listed | $899,000 |
| Jul 23, 2021 | Off Market | ||
| Jun 18, 2021 | Listed | $865 |
| Apr 30, 2021 | Off Market | ||
| Mar 10, 2021 | Listed | $865 |
| Oct 13, 2021 | Off Market | ||
| Apr 21, 2021 | Listed | $1,050,000 |
| Apr 21, 2021 | Off Market | ||
| Apr 12, 2021 | Listed | $1,050,000 |
| Jan 13, 2021 | Off Market | ||
| Oct 13, 2020 | Listed | $775 |
| Apr 7, 2021 | Off Market | ||
| Dec 9, 2020 | Listed | $905,000 |
| Jun 3, 2020 | Off Market | ||
| Mar 23, 2020 | Listed | $850 |
| Feb 15, 2020 | Off Market | ||
| Feb 1, 2020 | Listed | $850 |
| Nov 4, 2019 | Off Market | ||
| Sep 23, 2019 | Listed | $850 |
| Dec 10, 2018 | Off Market | ||
| Sep 3, 2018 | Listed | $775 |
| Nov 23, 2018 | Off Market | ||
| Sep 11, 2018 | Listed | $775 |
| Sep 24, 2018 | Off Market | ||
| Sep 3, 2018 | Listed | $775 |
| Jul 23, 2018 | Off Market | ||
| Jun 7, 2018 | Listed | $675,000 |
| Nov 1, 2017 | Off Market | ||
| Aug 23, 2017 | Listed | $850 |
| Jul 15, 2017 | Off Market | ||
| Jun 21, 2017 | Listed | $850 |
| Mar 15, 2017 | Off Market | ||
| Feb 20, 2017 | Listed | $825 |
| Oct 11, 2016 | Off Market | ||
| Aug 26, 2016 | Listed | $850 |
| Aug 6, 2016 | Off Market | ||
| Jul 15, 2016 | Listed | $850 |
| May 20, 2016 | Off Market | ||
| Apr 17, 2016 | Listed | $900 |
| Mar 11, 2016 | Off Market | ||
| Mar 6, 2016 | Listed | $800 |
| Jul 11, 2015 | Off Market | ||
| Jul 7, 2015 | Listed | $700 |
| May 19, 2015 | Off Market | ||
| Apr 21, 2015 | Listed | $850 |
| Dec 1, 2014 | Off Market | ||
| Sep 10, 2014 | Listed | $499,900 |
| Dec 18, 2013 | Off Market | ||
| Nov 22, 2013 | Listed | $675 |
| Jan 1, 2013 | Off Market | ||
| Nov 12, 2012 | Listed | $675 |
| Aug 1, 2012 | Off Market | ||
| Jul 11, 2012 | Listed | $675 |
| Jun 20, 2012 | Off Market | ||
| May 7, 2012 | Listed | $675 |
| Oct 24, 2011 | Off Market | ||
| Aug 26, 2011 | Listed | $380,000 |
| Aug 5, 2011 | Off Market | ||
| Jul 30, 2011 | Listed | $650 |
| Jul 15, 2009 | Off Market | ||
| Feb 16, 2009 | Listed | $650 |
| Jun 30, 2009 | Off Market | ||
| Apr 25, 2009 | Listed | $449,900 |
| Jul 12, 2008 | Off Market | ||
| Jun 21, 2008 | Listed | $675 |
| Aug 30, 2008 | Off Market | ||
| May 21, 2008 | Listed | $499,900 |
| Jan 1, 2008 | Off Market | ||
| Oct 26, 2007 | Pending | ||
| Aug 29, 2007 | Listed | $675 |
| Oct 30, 2007 | Off Market | ||
| Aug 30, 2007 | Listed | $559,900 |
| Apr 15, 2007 | Off Market | ||
| Feb 19, 2007 | Listed | $625 |
| Aug 11, 2006 | Off Market | ||
| Aug 10, 2006 | Pending | ||
| Aug 7, 2006 | Listed | $595 |
| Aug 1, 2006 | Off Market | ||
| Jul 31, 2006 | Pending | ||
| Jun 14, 2006 | Listed | $650 |
| Oct 3, 2005 | Off Market | ||
| Aug 22, 2005 | Pending | ||
| Jun 29, 2005 | Listed | $300,000 |
Frequently Asked Questions About 2201 Leon ST, Austin TX 78705
When was 2201 Leon ST, Austin TX 78705 built?
2201 Leon ST, Austin TX 78705 was built in 1956.
How much does 2201 Leon ST, Austin TX 78705 cost?
2201 Leon ST, Austin TX 78705 is listed for sale at $1,750,000. That is $765 per square foot.
What school district is 2201 Leon ST, Austin TX 78705 in?
2201 Leon ST, Austin TX 78705 is in the Austin ISD school district. Assigned schools include Bryker Woods (elementary), O Henry (middle), Austin (high school).
What are the property taxes on 2201 Leon ST, Austin TX 78705?
The annual property taxes on 2201 Leon ST, Austin TX 78705 are $21,187 (as of 2026).
How big is the lot at 2201 Leon ST, Austin TX 78705?
The lot at 2201 Leon ST, Austin TX 78705 is 0.155 acres, and the home has 2,288 square feet of living space.
What type of property is 2201 Leon ST, Austin TX 78705?
2201 Leon ST, Austin TX 78705 is a residential income property.
What subdivision is 2201 Leon ST, Austin TX 78705 in?
2201 Leon ST, Austin TX 78705 is located in the Peterson subdivision in Austin, TX.
How long was 2201 Leon ST, Austin TX 78705 on the market?
2201 Leon ST, Austin TX 78705 was on the market for 1 days, listed on July 22, 2026.
What heating and cooling does 2201 Leon ST, Austin TX 78705 have?
2201 Leon ST, Austin TX 78705 has see remarks, electric heating and wall/window unit(s) cooling.
Similar Properties
Browse More Properties
Contact Agent
Interested in this property?
Get more information or schedule a tour