Peterson Real Estate

Peterson Real Estate

Welcome to Peterson, a vibrant subdivision nestled in the heart of Austin, Texas. Known for its picturesque landscapes and welcoming community, Peterson offers a unique blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

As part of Travis County, Peterson boasts a prime location just minutes from downtown Austin. Residents enjoy easy access to the city’s renowned cultural attractions, live music venues, and a diverse culinary scene. Whether you're exploring the eclectic shops on South Congress or enjoying a sunny afternoon at Zilker Park, the best of Austin is right at your doorstep.

The subdivision itself features a variety of beautifully designed homes, from charming single-family residences to modern townhouses, catering to a range of lifestyles and budgets. Tree-lined streets and well-maintained parks create a serene atmosphere, perfect for evening strolls or weekend gatherings with friends and family. The community is also served by highly-rated schools, making it a great place to raise children.

For outdoor enthusiasts, Peterson is surrounded by lush parks and scenic trails, ideal for hiking, biking, and enjoying the Texas sunshine. The nearby Lady Bird Lake offers opportunities for kayaking and paddleboarding, ensuring that adventure is never far away.

In Peterson, you’ll find not just a home, but a community where neighbors become friends and memories are made. Come discover the charm of this delightful subdivision and experience the best of Austin living!

Newest Listings in Peterson

$1,750,000
6989655 MLS
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.

2201 Leon St, Austin

Listing courtesy of DEN Property Group. Contact: (512) 222-3364

Start Your Search