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!
Listing Status:
Active
Date Added:
January 1, 2025
—
10 days ago
Listing Office:
Compass RE Texas, LLC, Dylan Haines (512-633-0864)
Bar, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Double Vanity, Multiple Living Areas, Open Floorplan, Recessed Lighting, Smart Thermostat, Walk-In Closet(s)
Appliances:
Bar Fridge, Dishwasher, Disposal, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater
Laundry:
In Unit,Laundry Closet,Upper Level
Flooring:
Concrete, Tile, Wood
A/C:
Central Air
Heating:
Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
None, Appliances, Insulation, Lighting, Materials, Thermostat, Windows
Exterior
General:
Balcony, Private Yard, See Remarks
Other Structures:
Front Porch, Deck, Rear Porch, Side Porch, See Remarks, Covered
Pool:
Gunite, In Ground
Parking:
Attached, Garage, Off Street, Parking spaces: 2
Construction
Roofing:
Composition
Windows:
Double Pane Windows, Insulated Windows, Skylight(s), Vinyl Windows
General:
Three Or More, Slab
Location
HOA Amenities:
See Remarks, 0.0, Monthly
Originating MLS:
actris
School District:
Austin ISD
County:
Travis
Lot
Zoning:
UNIT 1 1302 EAST 2ND STREET CONDOMINIUMS 60%INT IN COMMON AREA, 02040635020000
View:
City Lights, Downtown, Neighborhood
Fencing:
Back Yard, Privacy, Wood
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer
Financial
Source:
actris
This listing courtesy of: Compass RE Texas, LLC, Dylan Haines
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the
military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
Principal & Interest $--
Taxes $--
Insurance $--
VA Funding Fee $--
*Your actual payment may vary based on your unique situation.