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Courtesy of: Compass RE Texas, LLC, (512) 633-0864, Dylan Haines

Local Realty Services Provided By: Keller Williams Realty

Overview

What It'll Cost

Neighborhood

Similar Homes

$1,599,000

1302 E 2nd Street #1, Austin, TX 78702

4 Beds

4 Baths

sq ft

$1,599,000

1302 E 2nd Street #1, Austin, TX 78702

Estimation provided by Keller Williams Realty Inc.

4 Beds

4 Baths

sq ft

Active Under Contract

For Sale

Property Description

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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!

Property Details

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Overview

Property Type

Condominium

Property Size

sq ft

Year Built

2023

Days on Site

83 Days

HVAC

Central, Central Air

Parking

2 Parking Spaces

Your Agent

Message

Activity History

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SAVES

Data provided by Keller Williams Realty, Inc.

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No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,599,000

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Price & Tax History

Date

Event

Price

01/01/2025

Listed

$1,599,000

No Tax History Data

There are no tax history data available for this property at this time. Please consult with your agent if you have any questions.

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.