An eight-concert festival at the Kennedy Center honoring the 150th anniversary of the death of Franz Schubert was outlined yesterday at the Austrian embassy by pianist Andre Watts, who will play in each of the programs.

The series, from Oct. 16 to Dec. 18, will be one of the major observances of the Schubert anniversary.

Watts said the series will include three solo recitals and three concerts of chamber music in which all of Schubert's music for piano and violin will be heard. There also will be two Lieder evenings in which Dutch baritone Bernard Kruysen will sing the cycles, "Die schoene Muellerin" and "Die Winterreise."

Schubert was born in Vienna on Jan. 31, 1797, and died there on Nov. 19, 1828, at the age of 31. Watts is 31 this year, a fact which he said yesterday made him reflect on the tragedy of Schubert's early death.

In the concerts of chamber music, Watts will be joined by violinist Charles Treger and cellist Denis Brott, and with other players to be announced for the quartets and quintets.

Watts said the programs would offer an overview of Schubert's nonorchestral music, including both of the piano trios, the "Trout" Quintet, the rarely heard Piano Quartet, an early trio sonata, some of the Moments Musicaux and Impromptus, and several of the piano sonatas, including the last one.

Watts and his colleagues will present the same concerts in Alica Tully Hall in New York, a series of seven in Los Angeles, and from one to three of the programs in other cities including Chicago, Minneapolis and Philadelphia. He will begin the project in May and end it in December.

The dates for the Washington series, which will be presented under the auspices of the Washington Performing Arts Society, are Oct. 16 and 30, solo recitals; Nov. 13 and 20, the song cycles; Nev. 25, 27, and Dec. 4, chamber concerts; and Dec. 18, the final solo recital.