Active Listing  ·  14 days on market

1008 E 8th St

Austin, TX 78702
$445,000
2 Bed 1 Bath 906 sqft $491/sqft Built 1900 0.11 acres Pool Robertson George L

This is a rare opportunity to buy into one of Austin's newly established historical districts, the Robertson/Stuart & Mair Historic District, with buildings dating back to 1840. East 8th Street is a very walkable location, with many establishments within a short walk, like Zilker Brewing Company, The Liberty Bar, VIA313 Pizzeria, Ramen Tatsuya, The Grackle, Shangri-La, Violet Crown Social Club, The Lucky Duck, Low Down Lounge, The White House, Buenos Aires Café, Pangea Lounge food court, Ah Sing Den, and many more. You can walk to Austin's central business district in less than 10 minutes. This home needs a lot of TLC and your vision to bring it back to its historic glory, but once complete you'll have an envious location you won't want to leave. Buyers are purchasing the home and all contents as-is, where-is, the sellers, as heirs to the estate, have very little knowledge of the condition of the home

At $491/sqft, this home is priced 25% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1008 E 8th St, Austin, TX 78702

Property Details

Price $445,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 906 sqft
Lot Size 0.11 acres (4,965.84 sqft)
Year Built 1900
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Robertson George L
County Travis
Zip Code 78702
$/sqft $491/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,887
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247367278
List Date September 24, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1801 Lavaca St #14K
Cambridge Condo Amd
$449,000 $384 2 bd / 2 ba 1,169 sqft , 2026-05-05
1007 Prospect Ave
Grandview Place
$449,000 $640 2 bd / 1 ba 702 sqft , 2026-09-03
2308 Santa Rita St
Buena Vista
$450,000 $510 2 bd / 2 ba 882 sqft , 2026-01-14
1815 Singleton Ave
Glenwood Add
$450,000 $666 2 bd / 1 ba 676 sqft , 2026-07-14
800 Embassy Dr #302
TYNDALL AT ROBERTSON HILL CONDOMINIUMS
$450,000 $457 2 bd / 2 ba 984 sqft , 2026-09-22

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,136/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$89,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,136
Principal + Interest−$2,429
Property Tax (~2.1% TX avg)−$779
Insurance (~0.5%)−$185
Est. Monthly Cash Flow $-1,257

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 25, 2026.

📞 (254) 718-2567 [email protected] More about Luke →