1302 E 2nd ST #1 new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78702
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,047 sqft
Price per Sqft $781
Subdivision 1302 East 2Nd Street Condos
MLS Listing ID 5847576
Style Multi-level Floor Plan,No Adjoining Neighbor,See Remarks
Bedrooms 3
Full Baths 3
Half Baths 1
Year Built 2023
Tax Year 2023
Lot Size 3,929 Sqft
Property Description
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!
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Concrete,Tile,Wood
Exterior
Exterior Feature Balcony,Private Yard,See Remarks
Garage Spaces 1.0
Fence Back Yard,Privacy,Wood
Pool Gunite,In Ground
Community Features See Remarks
Utilities Available Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Waterfront Description None
View City Lights,Downtown,Neighborhood
Roof Type Composition
Building
Lot Description Back Yard,City Lot,Landscaped,See Remarks
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,HardiPlank Type
New Construction No
Schools
Elementary Schools Sanchez
Middle Schools Martin
High Schools Austin
School District Austin Isd
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard