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$1,215,000
last listed2904 Pearl St, Austin, TX 78705
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— bed, — bath, 2,892 sqft on 0.19 acres in Austin. Austin, TX 78705. Last listed at $1,215,000, sold May 15, 2024. Austin ISD.
About This Home
Located in the sought-after Heritage neighborhood just blocks from UT campus, this meticulously maintained quadplex presents a lucrative investment opportunity. All four units are currently leased through 7/31/2024, showcasing a history of consistent and effortless leasing each year. Recent substantial investments of over $100,000 have elevated the property's value. Upgrades include a reinforced foundation with adjustable steel beams, new energy-efficient windows with lifetime warranty, and a modern sewer line equipped with a grinder pump for enhanced functionality. The front two units showcase the original charm of the property with hardwood floors and preserved wood trim, reflecting the original architecture. In contrast, the back two units, an addition, feature vaulted ceilings that impart an open and spacious ambiance throughout. Enjoy the abundance of natural light that bathes the entire property, creating a warm and inviting atmosphere. Ample parking is available, including front driveways, side parking, and designated spots in the back alley. A shared coin-operated laundry facility adds convenience for tenants and additional income. Indulge in the serene outdoor spaces, with each unit boasting a covered porch area. The property is thoughtfully landscaped with privacy bamboo, a protective fence, and mature trees encircling the perimeter, providing a tranquil living environment. With three 1/1 units and one 2/1 unit, generating a monthly income of $6205, this quadplex is a sound investment with potential for future growth. The property is zoned MF-2 opening it up for potential future opportunities. Several tenants have already expressed interest in renewing, underlining the property's desirability and stability in the rental market. Don't miss out on this exceptional opportunity for a thriving investment property. Please DO NOT disturb the tenants.
- Property Type
- Residential Income
- Year Built
- 1950
- Lot Size
- 0.19 acres
- Price / Sq Ft
- $420
Listing information last updated May 16, 2024.
Listed by eXp Realty, LLC
MLS# 8653104 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Vaulted Ceiling(s)
- Granite Counters
- Laminate Counters
- Primary Bedroom on Main
- Dishwasher
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Refrigerator
- Washer
- Dryer
- Laminate
- Linoleum
- Tile
- Vinyl
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Wood Siding
- Level
- Trees-Large (Over 40 Ft)
- Fenced
- Pillar
- Post
- Pier
- Deck
- Front Porch
- Side Porch
- Roof
- Shingle
- Lot Size
- 0.19 Acres
- Additional Parking
- Alley Access
- Paved
- Shared Driveway
Financial
- Original List Price
- $1,335,000
- Price per Sq Ft
- $420
Utilities
- Electricity Connected
- High Speed Internet
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2904 Pearl ST, whoever represented it.
- SoldMay 15, 2024Listed at: $1,335,000MLS 8653104
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,215,000
- Original list
- $1,335,000
- Price movement
- $120K reduction
- Listed / DOM
- Feb 14, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,064,013
- Assessment Year
- 2025
- Year Built
- 1950
- Parcel ID
- 000000211338
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+12.9% | — | $1,064,013 | $583,749 | $480,264 |
2024-10.8% | — | $942,106 | $660,000 | $468,176 |
2023+39.3% | — | $1,055,817 | $660,000 | $282,106 |
2022+38.9% | — | $758,000 | $660,000 | $395,817 |
2021 | — | $545,571 | $429,000 | $329,000 |
Zoned Schools
Austin
O Henry
Bryker Woods
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($243K)
Adjustable assumption - not a lending recommendation.
Home price
$1,215,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,215,000
Price per sqft
$420/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$120K reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 26, 2026.
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