About 2201 Leon St
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.
Water Feature/View
| View |
None
|
| Is Waterfront |
No
|
Amenities of 2201 Leon St
| Utilities |
Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Fiber Optic Available, See Remarks
|
| Features |
None
|
| Parking |
See Remarks
|
Interior of 2201 Leon St
| Interior |
Tile, Vinyl
|
| Appliances |
Cooktop, Dishwasher, Gas Cooktop, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Built-In Gas Range, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Range, See Remarks
|
| Heating |
Electric, See Remarks
|
| Fireplace |
No
|
| Fireplaces |
None
|
| # of Stories |
1
|
| Stories |
One
|
Exterior of 2201 Leon St
| Exterior Features |
Private Yard
|
| Lot Description |
Back Yard, Front Yard, Alley, Landscaped, Native Plants, See Remarks
|
| Roof |
Asbestos Shingle
|
| Construction |
HardiPlank Type, See Remarks, Vinyl Siding, Wood Siding
|
| Foundation |
Slab
|
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: DEN Property Group(512) 222-3364. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 9:15pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Map to 2201 Leon St, Austin
