AUSTIN SUMMIT GROUP Logo
Description Open House Details Location Market Trends Schools
$1,599,000 Est. $5,888 / mo.*

1302 E 2nd Street Unit 1 Austin , TX 78702

Property listed by Compass RE Texas, LLC 512-575-3644 (512) 633-0864

Description

4 Beds
3 full, 1 half Baths
2,047 Sqft
3,929 Sqft lot
0.09 Acre lot
Status: Active
Property Type: Condominium
Year Built: 2023
Neighborhood: 1302 East 2nd Street Condos
Days on Website: 52
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!

Open House

Property Details and Features

Appliances & Equipment
BarFridge
Dishwasher
Disposal
GasRange
Microwave
Refrigerator
RangeHood
StainlessSteelAppliances
TanklessWaterHeater
VentedExhaustFan
Bathrooms
1 half bathroom
3 full bathrooms
4 total bathrooms
Bedrooms
4 total bedrooms
Bedroom on main level
[+] Read More

Contact an Agent

Mike Caputo

(512) 250-0253

Location

$1,599,000 -
1302 E 2nd Street Unit 1 Austin , TX 78702
County: Travis

Street View

Nearby Schools

Similar Properties Nearby