1302 E 2nd Street 1, Austin

$1,599,000

3 Beds
4 Baths
2,047 Sqft
.09 Acre
1 Garage

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!

Essential Information
MLS® #5847576
Price$1,599,000
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage2,047
Acres0.09
Year Built2023
TypeResidential
Sub-TypeCondominium
StatusActive
Community Information
Address1302 E 2nd Street 1
Area5
Subdivision1302 East 2nd Street Condos
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
FeaturesSee Remarks
ParkingAttached, Garage, Off Street
Garage Spaces1
WaterfrontNone
Has PoolYes
Utilities

Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View

City Lights, City, Neighborhood

Interior
InteriorConcrete, Tile, Wood
HeatingCentral
StoriesThree Or More
Appliances

Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Bar Fridge

Exterior
RoofComposition
ConstructionFrame, HardiPlank Type
FoundationSlab
Exterior Features

Balcony, Private Yard, See Remarks

Lot Description

Back Yard, City Lot, Landscaped, See Remarks

School Information
DistrictAustin ISD
ElementarySanchez
MiddleMartin
HighAustin
Additional Information
Date ListedJanuary 1st, 2025
Days on Market43
Listing Details
Office Contact(512) 633-0864
LISTING MAP

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Property Listed by: Compass RE Texas, LLC

The 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 13th, 2025 at 3:31pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.