408 W 33rd ST
Austin, TX, 78705
$1,500,000
11 Beds
7.5 Baths
5,515 SqFt
0.23 Acres
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Incredible Investment Opportunity in Historic Aldridge Place

Step into a piece of Austin history with this rare 1932-built multi-family gem, nestled in the heart of Aldridge Place—one of the city’s most beloved and storied neighborhoods. For nearly a century, this timeless residence has served generations of University of Texas students, its walls echoing decades of academic ambition and Austin culture.

Sitting on a generous quarter-acre lot in North UT Campus, the property features a stately four-story main house configured as two spacious, character-rich units. Unit B spans two stories with 4–5 bedrooms and 3 full bathrooms, while the other (Unit A) offers 3 bedrooms and 1.5 bathrooms—ideal for student housing, co-living, or long-term rentals.

A standout feature is the oversized Unit C, accessed via West 34th Street, which includes three flexible bedroom/living spaces and 3 full bathrooms—presenting a unique opportunity for additional rental income or private guest quarters.

Whether you’re an investor looking to renovate and maximize rental returns, or a visionary homeowner seeking to transform this historic structure into a grand single-family residence with a separate guest home in the rear, the potential here is as expansive as the lot itself.

Sold as-is, with rental and maintenance history available. Bring your imagination—and be part of the next chapter in this icon.

Property Details

Price:
$1,500,000
MLS #:
7203256
Status:
Active
Beds:
11
Baths:
7.5
Type:
Single Family
Subtype:
See Remarks
Subdivision:
Aldridge Place
Listed Date:
Sep 3, 2025
Finished Sq Ft:
5,515
Lot Size:
9,927 sqft / 0.23 acres (approx)
Year Built:
1932
Aldridge PlaceAustin IsdLeeKealingMccallum

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Schools

School District:
Austin ISD
Elementary School:
Lee
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
Dishwasher, Refrigerator, Washer/ Dryer
Bathrooms
7 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Central, Natural Gas

Exterior

Community Features
None
Other Structures
Guest House
Parking Features
Driveway

Financial

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Sep 11, 2025
4,216
Single Family Listed
98
Avg DOM
391
Avg $ / SqFt
$1,018,210
Avg List Price

Property Summary

    Located in the Aldridge Place subdivision, 408 W 33rd ST Austin TX is a Single Family for sale in Austin, TX, 78705. It is listed for $1,500,000 and features 11 beds, 8 baths, and has approximately 5,515 square feet of living space, and was originally constructed in 1932. The current price per square foot is $272. The average price per square foot for Single Family listings in Austin is $391. The average listing price for Single Family in Austin is $1,018,210. To schedule a showing of MLS#7203256 at 408 W 33rd ST in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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408 W 33rd ST
Austin, TX