Three unit income property with two buildings on Pearl Street in a highly walkable Central Austin location near the University of Texas.
The property includes a front single family residence built in 1937 and a rear duplex built in 2005.
The 1937 home (Unit A) features pier and beam construction, a gable roof, and composition shingles. The 2005 duplex is built on a slab foundation with a HIP style roof and composition shingles. The property totals 0.1878 acres and is zoned MF2 CO NP.
Unit Mix and Features
Unit A One level single family home facing east on Pearl Street 3 bedrooms, 2 bathrooms, 1,397 SF Beautifully updated with modern fixtures, stainless steel appliances, and beautifully maintained original wood floors throughout. Includes a utility room with washer and dryer, covered front patio, fenced backyard, and private driveway with two car parking.
Unit B Two level duplex unit facing west toward the alley 4 bedrooms, 2.5 bathrooms, 1,990 SF Open concept kitchen with bar top, stainless steel appliances, and ample space for entertaining. Tile flooring throughout the downstairs. Includes washer and dryer in the 2 car garage, covered back porch, and shared yard.
Unit C Two level duplex unit facing west toward the alley 3 bedrooms, 2.5 bathrooms, 1,590 SF Open concept kitchen with bar top and stainless steel appliances. Tile flooring downstairs and durable vinyl wood plank flooring upstairs. Includes washer and dryer in the 1 car garage, covered back porch, and shared yard.
Tenants pay separate utilities, minimizing owner expenses. Property offers room for value add and rent growth.
Located near UT, medical district, dining, shopping, and transit with strong walkability and consistent rental demand.
Listed by Myria Free
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License #742017
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Ragland Realty and Management
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(512) 364-7707
Last updated January 25, 2026
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Source: ACTRIS #7794076
Listing Facts
TypeMulti-family
NeighborhoodHeritage
Days on Prevu40
Taxes$30,346.35/year
Size4,977 sqft
Price per sqft$390
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
01/25/2026
Price Decreased
$1,940,000
12/21/2025
Listed by Ragland Realty and Management
$1,960,000
Property Details for 2906 Pearl ST
Exterior
Construction
Property Condition: Resale
Roof: See Remarks
Window Features: Window Coverings
Year Built: 2005
Construction Materials: See Remarks
Exterior Features: Exterior Steps, Private Yard
Features
Direction Faces: East
Fencing: Back Yard
Patio And Porch Features: Covered, Front Porch
Measurements
Lot Features: Alley Access, Back Yard, Front Yard
Lot Size Acres: 0.18
Lot Size Area: 0
Lot Size Square Feet: 8,180
Financial
Taxes
Parcel Number: 02170212110000
Tax Annual Amount: $30,346.35
Tax Assessed Value: $1,531,241.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Gas Water Heater
Flooring: See Remarks
Interior Features: See Remarks
Measurements
Living Area: 4,977
Living Area Source: Public Records
Other
Location
Subdivision Name: Harpers
Tax Lot: 15
Parking
Parking
Covered Spaces: 3
Garage Spaces: 3
Garage: Yes
Parking Features: Garage
Parking Total: 4
Schools
Elementary School
Elementary School: Bryker Woods
Elementary School District: Austin ISD
High School
High School: Austin
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: O Henry
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Other Equipment: See Remarks
Sewer: Public Sewer
Utilities: Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2906 Pearl ST.
What schools are nearby to 2906 Pearl ST?
Nearby schools include the Bryker Woods Elementary School, O Henry Middle School, and Austin High School.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 2906 Pearl ST.
What are the annual taxes for 2906 Pearl ST?
Annual taxes for this multi-family home are estimated at $30,346.
How does 2906 Pearl ST compare to other multi-family homes in Heritage?
This multi-family home is listed 72% above the average price for multi-family homes in Heritage and has been on the market for 8 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,977 sqft.
2906 Pearl ST is a -bedroom multi-family home for sale in Austin TX 78705. On Prevu for 40 days at $1,940,000. This includes a recent price decrease of $20,000. This home features 4,977 square feet of living space, located in Heritage. The median listing price for multi-family homes in this area is $399,000. Nearby schools include Bryker Woods Elementary School, O Henry Middle School, and Austin High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. View other multi-family home listings in Austin.
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
