Active
4 beds2,288 sqft
2201 Leon St, Austin, TX 78705
Est: $11,108/moGet pre-approved
Multi FamilyProperty Type
0.15 acresLot Size
1956Year Built
$765/sq ftPrice per sq ft
4 carsParking Spaces

Description

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...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.
44 days on Market
  • Listed by: Robert Lemon 512.921.4373 robert@denpg.com TREC #0752619 Brokerage DRE #8999937 • DEN Property Group
Last updated: 08/19/2026 04:00 AM • Source: ACTRIS, MLS#: 6989655

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Listing Courtesy of DEN Property Group, Robert Lemon, TREC #0752619
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$11,108 per month

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Property Information for 2201 Leon Street

Property Details
  • Taxes: $21,187 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: Peterson
  • Waterfront: No
  • Waterfront Description: None
  • Water Access Description: Public
  • View: None
  • View YN: No
  • Pets Allowed: CatsOk, DogsOk, SizeLimit
  • Parcel Number: 01130008190000
  • Tax Lot: 9
  • Elementary School: Bryker Woods
  • Elementary School District: Austin ISD
  • Middle Or Junior School: O Henry
  • Middle Or Junior School District: Austin ISD
  • Senior High School: Austin
  • High School District: Austin ISD
  • Levels: One
  • Master on Main: No
  • Living Area Source: PublicRecords
  • Year Built Source: PublicRecords
  • Property Condition: Resale
  • Pool Features: None
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1956
  • Lot Size: 0.15 AC / 6,751 SF
General Information
Parking
  • Parking Total: 4
  • Parking Features: See Remarks
  • Garage: No
Interior
  • Interior Features: Breakfast Bar, Open Floorplan, See Remarks
  • Flooring: Tile, Vinyl
  • Appliances: BuiltInGasRange, Cooktop, Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator, GasCooktop, GasRange, Microwave, Refrigerator, RangeHood, SeeRemarks, StainlessSteelAppliances
  • Fireplace: No
  • Fireplace Features: None
  • Laundry Features: InUnit, WasherHookup, DryerHookup, Stacked
  • Restrictions: CityRestrictions, DevelopmentRestriction, DeedRestrictions, SeeRemarks, ZoningRestrictions, BuildingRestrictions
Exterior
  • Exterior Features: Private Yard
  • Construction Materials: Hardiplank Type, See Remarks, Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Awnings, Patio
  • Roof: Asbestos Shingle
  • Fencing: Fenced, See Remarks, Wood
  • Direction Faces: West
  • Window Features: Blinds, DoublePaneWindows, Screens
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Alley, Back Yard, Front Yard, Landscaped, Native Plants, See Remarks
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Wall Window Units
  • Heating YN: Yes
  • Heating: Electric, See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
  • Owner Pays: ExteriorMaintenance, Gas, GroundsCare, HvacMaintenance, Insurance, PestControl, Repairs, RoofMaintenance, Sewer, TrashCollection
Unit Information
Unit 1
  • UnitNum: D
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 1
  • BathsTotal: 2
  • Furnished: Furnished
  • ActualRent: $2,600.00
  • LeasedYN: No
  • OccupantType: Occupied
  • PetDepositPerPetYN: No
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: C
  • BedsTotal: 1
  • NumFullBaths: 1
  • BathsTotal: 1
  • Furnished: Furnished
  • ActualRent: $1,550.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 07-31-2028
  • PetDepositPerPetYN: No
  • Deposit: $1,550.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 3
  • UnitNum: B
  • BedsTotal: 1
  • NumFullBaths: 1
  • BathsTotal: 1
  • Furnished: Furnished
  • ActualRent: $1,550.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 07-31-2028
  • PetDepositPerPetYN: No
  • Deposit: $1,550.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 4
  • UnitNum: A
  • BedsTotal: 1
  • NumFullBaths: 1
  • BathsTotal: 1
  • Furnished: Furnished
  • ActualRent: $2,050.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 12-31-2026
  • PetDepositPerPetYN: No
  • Deposit: $1,000.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit Information
  • Number Of Units Total: 4
Financial Information
Taxes and HOA Information
  • Association: No
  • Association Name: NA
  • Tax Assessed Value: $1,034,468
  • Tax Year: 2026
  • Tax Rate: 2.00%
Showing Information
Showing Information
  • Security Features: Security Lights
  • Directions: From Guadalupe Street, head west on W. 22nd Street, turn left on Leon Street, and continue to 2201 Leon Street. Property is on the right.

Property History for 2201 Leon Street

DateEvent & SourcePriceAppreciationLink
Aug 18, 2026

Listed (Active)

ACTRIS #6989655

$1,750,000——
May 13, 2024

Sold

ACTRIS #4852154

——
Apr 12, 2024

Pending

ACTRIS #4852154

——
DateEvent & SourcePrice
08/18/2026

Listed (Active)

ACTRIS #6989655

$1,750,000
05/13/2024

Sold

ACTRIS #4852154

—
04/12/2024

Pending

ACTRIS #4852154

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2201 Leon Street

Taxable ValueLand$1,012,500Additions$21,968Total$1,034,468
Tax Record2025$21,170 ($1,764 / month)
Home Facts
Baths5Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtStories1Lot Size6,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1956Year Renovated1956CountyTRAVISAPN112454

Schools near 2201 Leon Street

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Bryker Woods Elementary School
PublicPK to 5

O Henry Middle School
Public6 to 8

Austin High School
Public9 to 12

Garza Independence High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2201 Leon Street is a multi-family home for sale in Austin, TX 78705. This property was listed for sale on August 18, 2026 by DEN Property Group, it's currently listed at $1,750,000. It has been on the market for a total of 44 days and was last sold on May 13, 2024. This listing's school district is Austin Independent School District. Nearby schools include Bryker Woods Elementary School, O Henry Middle School and Austin High School. 2201 Leon Street is a 4-bed, 5-bath, 2,288 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DEN Property Group, Robert Lemon, TREC #0752619

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.