2201 Leon St, Austin, TX 78705
Property image
Property image
FOR SALE

$1,750,000

  • 4 Beds
  • 5 Baths
  • 2,288 sqft

2201 Leon St, Austin, TX 78705

West University
Est. Mortgage $11,210/mo*
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Home Highlights

Multi-Family
Built in 1956
$765/sqft

Local Information

  • Map ViewExplore the area around 2201 Leon St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 5 hours ago
Listing courtesy of Robert Lemon, (512) 222-3364
DEN Property Group, (512) 222-3364
Source: Unlock MLS, MLS#6989655
Also Listed on Unlock MLS.

Home Details for 2201 Leon St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5
Dimensions and Layout
Living Area: 2288 Square Feet
Appliances & Utilities
Utilities: See Remarks, Electricity Connected, Internet-Fiber, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: See Remarks, Built-In Gas Range, Cooktop, Dishwasher, Gas Cooktop, Gas Range, Microwave, Free-Standing Gas Range, RNGHD, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s)DishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: See Remarks, ElectricHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: See Remarks
Fireplace & Spa
Fireplace: None
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds, Double Pane Windows, ScreensFlooring: Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: NoneFloors: Tile, Vinyl
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: Asbestos ShinglePatio / Porch: Awning(s), PatioFencing: See Remarks, Fenced, WoodOther Structures: Outbuilding, Second Residence, StorageExterior: Private YardFoundation: Slab
Parking & Garage
No GarageNo Attached GarageParking: See Remarks
Pool
Pool: None
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 18

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New Construction
Property Information
Condition: ResaleParcel Number: 01130008190000

Price & Status

Price
List Price: $1,750,000Price Per Sqft: $765

Location

Direction & Address
City: AustinCommunity: Peterson
School Information
Elementary School: Bryker WoodsElementary School District: Austin ISDJr High / Middle School: O HenryJr High / Middle School District: Austin ISDHigh School: AustinHigh School District: Austin ISD

Agent Information

Listing Agent
Listing ID: 6989655

Community

Community Features: None

HOA

HOA Name: NANo HOA

Lot Information

Lot Area: 6751.8 sqft

Listing Info

Special Conditions: See Remarks

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 6989655Attribution Contact: (512) 222-3364

Additional Information

None

Around this home

Neighborhood Overview

West University
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about West University

At least 38 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 93 % Say it's walkable to restaurants

  • 87 % Say it's walkable to grocery stores

  • 81 % Say there are sidewalks

  • 68 % Say people would walk alone at night

  • 65 % Say streets are well-lit

  • 60 % Say there's holiday spirit

  • 54 % Say parking is easy

  • 44 % Say it's quiet

  • 43 % Say neighbors are friendly

  • 43 % Say car is needed

  • 40 % Say yards are well-kept

  • 38 % Say there are community events

  • 29 % Say they plan to stay for at least 5 years

  • 28 % Say kids play outside

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This neighborhood has a great accessibility to all things I'm looking for as a foreigners investment which are looking for a small business investment in Austin's Dowtown"
    2
    Flag
  • Trulia User
    "Lots of fun things to do and live music vibrant cultural scene. UT Austin is super close. Great for apartment living. "
    0
    Flag
  • Mrjirey
    "Awesome neighborhood near everything. Easy to walk or take public transit. Plenty of shops and restaurants to choose from. A diverse mix of people. "
    3
    Flag
  • Kaelyn M.
    "It's important to teach your kids not to litter. That is my only complaint with living in this area is college kids (entitled sorority girls/frat boys) use the streets as their trash can. As if there’s a nighttime street maid. "
    2
    Flag
  • Mrjirey
    "Close to downtown without being in it. Easy access to transportation and amenities. About 1-2 blocks away from the Shoal Creek trail"
    4
    Flag
  • Mrjirey
    "Close to downtown and UT without being in it. Lots of convenient shops and restaurants. Great public transportation. Very walkable with acces to the shoal creek trail"
    6
    Flag
  • Mrjirey
    "The local Central Market hosts weekly music events that are kid friendly. Many University of Texas events are within walking distance "
    0
    Flag
  • Valerie C. L. H.
    "was a smooth ride aground this time 8:30 traffic was minimal and streets weren't overt crowded with pedestrians."
    1
    Flag
  • Addam G.
    " Always celebrating something or another it seems like, but go UT! Everyone is kind enough "
    0
    Flag
  • Addam G.
    "Not too many dog parks unfortunately but other than that it’s a great place to raise your companion. "
    0
    Flag
  • Grace T.
    "You will see dog walkers everywhere! A lot of the apartment complexes accommodate dog-owners by providing dog parks and restroom areas. Most complexes have an added charge for pets—such as deposit and monthly fees. There are a lot of sidewalks and nature areas you can take your dogs to in West Campus—a great one is Pease District Park! A lot of restaurants also allow dogs in the outdoor areas."
    1
    Flag
  • Grace T.
    "West Campus is heavily influenced by university life, but is still unique to the Austin culture. This is the place to live if you want to truly experience the college life of Austin! It is mainly university students who live here. There's a lot to do within walking distance, such as restaurants, bars, and a wide variety of small music venues with shows for any musical interest. The University is part of West Campus and holds huge events such at UT football games, accompanied by tailgates and after-parties. Fraternities and co-op housing also have parties on the weekends."
    0
    Flag
  • Grace T.
    "My commute is 10—45 minutes, depending on traffic. Driving through West Campus can be a little hectic with all the students driving around, but the very accessible Austin bus system also runs throughout West Campus."
    1
    Flag
  • Grace T.
    "Usually I commute by bike because we have great infrastructure for that here."
    0
    Flag
  • Grace T.
    "This is very active neighborhood that reminds me a little bit of New York. So I can't say that it's the best place to live if you have kids, but it's definitely great place if you are a young family."
    0
    Flag
  • Grace T.
    "West Campus is mainly a college-student neighborhood, but there are areas within West Campus that are kind of separate from all the college life (quieter and calmer)—usually the streets with more houses further from the dense apartment complexes. It is a safe area, but there are usually partiers walking around late at night on the weekends. West Campus living is in high demand from students, so in most cases you will get a lot less space for your money in comparison to nearby neighborhoods."
    0
    Flag
  • Mary A. K.
    "All amenities nearby; including shopping, restaurants, parks, hospitals, public transportation all within walking distance."
    6
    Flag

Market trends in Austin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2003 E 9th St, Austin, TX
2.32
Multi-Family Home
-
04/15/26
2
2
1,860

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2207 Leon St #307, Austin, TX 78705
0.02
$249,500
1
1
549
For Sale
1010 W 23rd St #2, Austin, TX 78705
0.09
$229,900
2
2
842
For Sale
912 W 22nd St #305, Austin, TX 78705
0.10
$339,900
2
2
758
For Sale
912 W 22nd St #208, Austin, TX 78705
0.10
$339,500
2
2
793
For Sale
2216 San Gabriel St #105, Austin, TX 78705
0.11
$324,900
2
2
813
For Sale
1911 Robbins Pl, Austin, TX 78705
0.08
-
-
-
-
Off Market
2413 Leon St #104, Austin, TX 78705
0.11
$217,000
2
1
771
For Sale
1910 Robbins Pl #105, Austin, TX 78705
0.08
$299,000
2
2
1,005
For Sale
1910 Robbins Pl #301, Austin, TX 78705
0.09
$309,500
2
2
1,020
For Sale
2300 Leon St #101, Austin, TX 78705
0.11
$264,500
2
2
742
For Sale
1110 W 22nd St #13, Austin, TX 78705
0.08
$234,000
1
1
798
For Sale

Price and Tax history

DateEventPrice
Aug 18, 2026
Source: Unlock MLS #6989655
Listed For Sale
$1,750,000
May 20, 2024
Source: Unlock MLS #4852154
ListingRemoved
Apr 17, 2024
Source: Unlock MLS #4852154
Contingent
$1,675,000
Feb 15, 2024
Source: Unlock MLS #4852154
PriceChange
$1,675,000
Price decreased by 1%
Jan 22, 2024
Source: Unlock MLS #4852154
Listed For Sale
$1,699,000

LGBTQ Local Legal Protections

Robert Lemon, DEN Property Group, (512) 222-3364
Agent Phone: (512) 222-3364
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-09-05 15:06:41 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 2201 Leon St

  • What is the estimated monthly payment for 2201 Leon St?
    Based on a $1,750,000 list price with 20% down at today's rates, the estimated monthly payment for 2201 Leon St in Austin, TX is approximately $11,427 (about $9,223 principal & interest, $2,129 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2201 Leon St compare to homes in Austin?
    2201 Leon St in Austin, TX is listed at $1,750,000, about 198% above the $586K median sale price in Austin.
  • What do residents say about the West University neighborhood?
    Residents describe the West University neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and walkable to grocery stores. See homes for sale in West University, Austin.
  • What are the closest schools to 2201 Leon St?
    The closest schools to 2201 Leon St in Austin, TX are Austin High School (rated 7/10), Bryker Woods Elementary School (Pre-K, rated 8/10), O Henry Middle School (rated 6/10).
  • Does 2201 Leon St have air conditioning?
    Yes, 2201 Leon St in Austin, TX has air conditioning.
  • Does 2201 Leon St have parking?
    Yes, 2201 Leon St in Austin, TX has on-site parking.
2201 Leon St, Austin, TX 78705 is a 4 bedroom, 5 bathroom, 2,288 sqft multi-family built in 1956. 2201 Leon St is located in West University, Austin. This property is currently available for sale and was listed by Unlock MLS on Aug 18, 2026. The MLS # for this home is MLS# 6989655.