1218 Holly ST, Austin, TX 78702

$1,049,000 Asking Price

3 beds
2 baths
1,317  sqft
Built in 2013

YOU CAN BUY THIS $1,075,000 home for the same payment as a $914,000 home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 5% to mid 6% depending on down payment. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days. **October AIRBNB bookings confirmed to make over $12,000 in gross income** Attractive 2-story home on corner lot with private yard, perfect for entertaining. This property has been a highly profitable STR for the last 4+ years. 6 blocks from Rainey St, and just 4 blocks from East 6th, one of the coolest areas in East Austin. Can be used as one residence or split into two units via private entrances and interior locking door, and has STR-1 license. Down has 1/1 and kitchen. Up has 2/1 and kitchen. Substantial remodel in 2017. Make this home your own or use it as an STR. Large insulated attic with two windows that can be converted to loft space. Just minutes from downtown, Town Lake, parks, shopping, and easy access to I-35. All furniture can be sold with the property. The Cowboy pool also conveys

Features & Amenities

Interior

General:
Breakfast Bar, Ceiling Fan(s), Granite Counters, Eat-in Kitchen, High Speed Internet, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Smart Thermostat
Appliances:
Built-In Gas Range, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
Laundry:
Main Level
Flooring:
Carpet, Concrete
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, None

Exterior

General:
Barbecue, Garden, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Private Yard
Other Structures:
Patio
Pool:
Above Ground, Outdoor Pool, Private
Parking:
Concrete, Driveway, Gated, Outside, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
Blinds
General:
Two, Slab

Location

Originating MLS:
actris
School District:
Austin ISD
County:
Travis

Lot

Zoning:
S60 FT OF LOT 17 OLT 45 DIV O WENDLANDT & STAEHELY RESUB, 02020502120000
View:
None
Fencing:
Gate, Perimeter, Wood

Utilities

Utilities:
Electricity Available, High Speed Internet, Natural Gas Connected, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
actris
Buyers Agent Compensation:
3.000 %

This listing courtesy of:
Douglas Elliman Real Estate, Dodge Salisbury

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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