1302 E 2nd Street 1
- $1,599,000
- 3 Beds, 4 Bath, 2047 SQ. Feet, 0.09 Acres Residential Austin, TX 78702
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
- Subdivision1302 East 2nd Street Condos
- CityAustin
- CountyTravis
- StateTX
- Zip Code78702
Amenities
- FeaturesSee Remarks
- ParkingAttached, Garage, Off Street
- # of Garages1
- 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
- CoolingCentral Air
- 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
Windows
Double Pane Windows, Skylight(s), Vinyl, Insulated Windows
School Information
- DistrictAustin ISD
- ElementarySanchez
- MiddleMartin
- HighAustin
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 January 16th, 2025 at 4:32am 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.