1302 E 2nd ST #1, Austin, TX 78702 (MLS # 5847576)

Price $1,599,000
Status Active
Beds 3
Baths 3.5 Baths
Home size 2,047 sqft
Lot Size 3,930 sqft
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!
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 1/2/2025 Tract 1302 East 2nd Street Condos
Year Built 2023 Community 1302 East 2nd Street Condos
Garage Spaces 1.0 County Travis

SCHOOLS

Elementary School Sanchez
Jr. High School Martin
High School Austin

Additional Details

AIR Ceiling Fan(s), Central Air
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

Location

 

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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 1/15/25 2:51 PM 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.

This IDX solution is (c) Diverse Solutions 2025.

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