1302 E 2nd Street #1
Austin, TX 78702
2047 sqft | 3 beds | 3.5 baths | 0.09 acres | #5847576
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!
Property Details
- InteriorBreakfast Bar, Ceiling Fans, Double Vanity, Multiple Living Areas, Open Floorplan, Quartz Counters, Recessed Lighting, Smart The
- Utility FeaturesElectricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Lot DescriptionBack Yard, City Lot, Landscaped
- ViewCity Lights, City, Neighborhood
- Subdivision1302 East 2nd Street Condos
- Exterior MaterialsBalcony, Private Yard
- Sewer InformationPublic Sewer
- Property SubtypeCondominium
- School DistrictAustin ISD
- Original List Price$1,599,000
- Property TypePurchase
- Elementary SchoolSanchez
- MLS #5847576
- Cost1599000
- MLS #5847576
- Acres0.0902
- Utility SourcePublic
- Middle SchoolMartin
- High SchoolAustin
- CountyTravis
- Property ConditionResale
- Square Feet2047
- Year Built2023
- FoundationSlab
- Bathrooms3.5
- Bedrooms3
- Full Baths3
- Half Baths1
- Pool1
- Parking Spaces1
- Days on Market (Cumulative)4
Location
Legal
Based on information submitted to the MLS GRID as of 2025-01-03 14:52:31 UTC. 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.
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®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Dylan Haines (#695589), Phone: (512) 633-0864
Listing Office: Compass RE Texas, LLC (#700459)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
