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$1,599,000

Beds
4
Baths
3.5
sq ft
2,047

1302 E 2nd St Unit 1, Austin, TX 78702

1302 E 2nd St Unit 1

Austin, TX 78702

  • Pending
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!

Details

Property type

Condominium

Lot size

3,929.11 sq ft

Price per sq ft

$782

Year built

2023

Annual property taxes

$23,797

HOA

Yes

Price History

03/05/2025
Austin

Austin #5847576

Pending
$1,599,000
01/01/2025
Austin

Austin #5847576

Listed
$1,599,000

Schools & Community

Neighborhood: 

East Cesar Chavez

Elementary school: 

Sanchez

Middle school: 

Martin

High school: 

Austin

High school district: 

Austin ISD

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Status: Pending/Under Contract

Tomo last checked: 04/03/2025 at 6:35 PM

Listing updated: 03/05/2025 at 8:35 AM

Listed by: Dylan Haines, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #5847576

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