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This property offers a rare opportunity to own a premier home just blocks from Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Austin's top-performing short-term rentals (STRs). In 2024, this property boasted an impressive 84% occupancy rate and generated a remarkable $190,000 in gross revenue, with projections to exceed $220,000 in 2025. It has garnered over 60 Airbnb reviews with an outstanding 4.94/5-star average rating. The home is being sold completely turnkey, including approximately $75,000 worth of high-quality furniture and home goods purchased just a year ago. Additionally, it has already amassed over $50,000 in future bookings for 2025, ensuring a seamless transition for the new owner. Because of the proven income of this property, DSCR and/or IO loans (no income or credit required) are available. Notable features include a third-story loft, a dedicated office, a plunge pool, a deck, and a one-car garage currently utilized as a game room. Don't miss out on this exceptional opportunity. Contact the listing agent for more information!
LAST UPDATED | 1/2/2025 | TRACT | 1302 East 2nd Street Condos |
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YEAR BUILT | 2023 | COMMUNITY | 1302 East 2nd Street Condos |
GARAGE SPACES | 1.0 | COUNTY | Travis |
STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
Elementary School | Sanchez |
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Jr. High School | Martin |
High School | Austin |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Bar Fridge, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan |
AREA | 5 |
CONSTRUCTION | Frame, HardiPlank Type |
EXTERIOR | Balcony, Private Yard |
GARAGE | Attached Garage, Yes |
HEAT | Central, Exhaust Fan |
HOA DUES | |Monthly |
INTERIOR | Bar, Breakfast Bar, Ceiling Fan(s), Double Vanity, Open Floorplan, Recessed Lighting, Smart Thermostat, Walk-In Closet(s) |
LOT | 3929 sq ft |
LOT DESCRIPTION | Back Yard, City Lot, Landscaped, See Remarks |
PARKING | Attached, Garage, Off Street |
POOL | Yes |
POOL DESCRIPTION | Gunite, In Ground, Private |
SEWER | Public Sewer |
STORIES | 3+ |
STYLE | Multi-level Floor Plan, No Adjoining Neighbor, See Remarks |
SUBDIVISION | 1302 East 2nd Street Condos |
TAXES | 23797 |
UTILITIES | Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | City Lights, Downtown, Neighborhood |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Dylan Haines, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 1/6/25 2:50 AM PST. 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.
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.
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