1302 E 3rd Street
- $1,400,000
- 4 Beds, 5 Bath, 2987 SQ. Feet, 0.16 Acres Residential Austin, TX 78702
Welcome to 1302 E 3rd Street—an exceptional opportunity to own two separate, stylish residences on one lot in one of Austin's most walkable, vibrant, and in-demand neighborhoods. Whether you're an investor looking for a high-performing short-term rental setup or a buyer seeking flexible living and income potential, this property delivers. Unit A features 3 bedrooms, 2.5 bathrooms, and approximately 1,773 sq ft of contemporary living space, with an attached 1-car garage and upscale finishes. Unit B offers 1 bedrooms and 2 bathrooms across ~800 sq ft, perfect as a guest house, rental unit, or private home office. Together, the property provides 4 bedrooms, 3.5 bathrooms, and over 2,700 sq ft of combined living space. Both homes are thoughtfully designed and currently used as successful STRs with separate entrances, offering privacy, flexibility, and income potential. What truly sets this property apart is its brilliant location. Tucked into the heart of East Austin, you're just blocks from some of the city's best coffee shops, food trucks, restaurants, and boutique shopping. Downtown, Lady Bird Lake, and East 6th Street are all just minutes away—you can walk or bike to nearly everything. With a stellar Walk Score, this is truly an urban dweller's paradise. This turnkey investment in a premier location is the perfect investment opportunity. Live in one unit and rent the other, rent both, or hold as a high-performing asset in one of Austin's hottest neighborhoods.
Essential Information
- MLS® #6932143
- Price$1,400,000
- Bedrooms4
- Bathrooms5.00
- Full Baths4
- Half Baths1
- Square Footage2,987
- Acres0.16
- Year Built2016
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address1302 E 3rd Street
- SubdivisionTBD
- CityAustin
- CountyTravis
- StateTX
- Zip Code78702
Amenities
- UtilitiesSee Remarks
- FeaturesNone
- ParkingAttached
- # of Garages1
- WaterfrontSee Remarks
Interior
- InteriorConcrete, Tile, Wood
- AppliancesSee Remarks
- HeatingSee Remarks
- CoolingSee Remarks
- # of Stories2
- StoriesTwo
Exterior
- Exterior FeaturesSee Remarks
- WindowsNone
- RoofMetal
- ConstructionHardiPlank Type, Metal Siding
- FoundationSlab
Lot Description
Level, Sprinklers Automatic, Sprinklers In Ground
School Information
- DistrictAustin ISD
- ElementaryAllison
- MiddleBailey
- HighAustin
Property Listed by: Douglas Elliman Real Estate
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 May 15th, 2025 at 6:04am CDT. 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.