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 Austins 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. Dont miss out on this exceptional opportunity. Contact the listing agent for more information!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 1/2 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)
- Flooring: Concrete, Tile, Wood
- Window Features: Double Pane Windows, Insulated Windows, Skylight(s), Vinyl Windows
Appliances
- Bar Fridge
- Dishwasher
- Disposal
- Gas Range
- Microwave
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Tankless Water Heater
- Laundry Features: In Unit, Laundry Closet, Upper Level
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Exterior and Lot Features
- Balcony
- Private Yard
- Fencing: Back Yard, Privacy, Wood
- Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch
Pool and Spa
- Pool Features: Gunite, In Ground
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Attached, Garage, Off Street
- Parking Total: 2
Land Info
- Lot Description: Back Yard, City Lot, Landscaped
- Lot Size Acres: 0.0902
- Lot Size Square Feet: 3929
Home Features
- View: City Lights, Downtown, Neighborhood
- Green Energy Efficient: Appliances, Insulation, Lighting, Materials, Thermostat, Windows
- Security Features: Secured Garage/Parking, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Fee Frequency: Monthly
- Association Name: 1302East2ndHomeOwnersAssn
School Information
- Elementary School: Sanchez
- High School: Austin
- High School District: Austin ISD
- Middle School: Martin
- School District: Austin ISD
Other Property Info
- Source Listing Status: Active
- County: Travis
- Directions: From I-35, Exit Cesar Chavez and head East. North on Attayac St. Right on Second St. Home is on the left.
- Tax Year: 2023
- Source Property Type: Residential
- Area: 5
- Property Subtype: condo
- Source Neighborhood: 1302 East 2nd Street Condos
- Ownership Type: Fee-Simple
- Parcel Number: 02040635020000
- Subdivision: 1302 East 2nd Street Condos
- Flood Plain: No
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2047
- Year Built: 2023
- Builder Name: LandLHomes
- Construction Materials: Frame, HardiPlank Type
- Direction Faces: South
- Foundation Details: Slab
- Levels: Three Or More
- Living Area Source: Plans
- Property Age: 2
- Property Condition: Resale
- Roof: Composition
- House Style: Multi-level Floor Plan, No Adjoining Neighbor
- Total Area Sqft: 2047
- Year Built Source: Builder
Accessibility Features
- Accessibility Features: Visitable
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source: Public
