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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 |
Elementary School | Sanchez |
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Jr. High School | Martin |
High School | Austin |
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 |
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