Active
1302 E 2nd ST # 1
Austin TX, 78702
$1,599,000
$781.14 per sqft
Active
3 Beds
4 Baths
2,047 sqft
Condos
Built in 2023
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!
5847576
MLSⓇ ID
January 1, 2025
Listed
January 3, 2025
Updated
Map
1302 E 2nd ST # 1
Austin TX, 78702
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Bar, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Double Vanity, Multiple Living Areas, Open Floorplan, Recessed Lighting, Smart Thermostat, Walk-In Closet(s)
Appliances
Bar Fridge, Dishwasher, Disposal, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater
Floor Description
Concrete, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
Balcony, Private Yard, See Remarks
Lot Features
Back Yard, City Lot, Landscaped, See Remarks
Roof
Composition
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Sanchez
Other Property Details
Area Name
5
Association Fee
Not Listed
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
1
Parking
Attached, Garage, Off Street
View
Yes
View Description
City Lights, Downtown, Neighborhood
County
Travis
Water Source
Public
Pool
Yes
Pool Features
Gunite, In Ground
Courtesy of Compass RE Texas, LLC
Listing Contact: (512) 633-0864
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 3:18 PM UTC, 1/3/2025
