Austin, TX 78702 1302 E 2nd St # 1
$1,599,000
25 more
Presented By: Compass RE Texas, LLC; (512) 633-0864
Beds • 3
Full/Half Baths • 3 / 1
SQFT • 2,047
Garage • 1
Home Details
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 $50,000 in future bookings for 2025, ensuring a seamless transition for the new owner.
Because of the proven income of this property, DSCR and/or IO loans (no income or credit required) are available.
Notable features include a third-story loft, a dedicated office, a plunge pool, a deck, and a one-car garage currently utilized as a game room.
Don’t miss out on this exceptional opportunity.
Contact the listing agent for more information!
Presented By: Compass RE Texas, LLC; (512) 633-0864
Interior Features for 1302 E 2nd St # 1
Bedrooms
Main Level Bedrooms0
Total Bedrooms3
Bathrooms
Half Baths1
Total Baths4
Other Interior Features
LivingAreaSourcePlans
FlooringConcrete, Tile, Wood
Total Fireplaces
Window FeaturesDouble Pane Windows, Insulated Windows, Skylight(s), Vinyl Windows
General for 1302 E 2nd St # 1
AccessibilityVisitable
Additional Parcels Y/NNo
AppliancesBar Fridge, Dishwasher, Disposal, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater
Assoc Fee Paid PerMonthly
Association Fee IncludesSee Remarks
Association Name1302East2ndHomeOwnersAssn
Builder NameLandLHomes
CityAustin
Community FeaturesSee Remarks
Construction MaterialsFrame, HardiPlank Type
CoolingCentral Air
CountyTravis
DirectionsFrom I-35, Exit Cesar Chavez and head East. North on Attayac St. Right on Second St. Home is on the left.
DisclosuresSeller Disclosure
Elementary SchoolSanchez
Energy EfficientAppliances, Insulation, Lighting, Materials, Thermostat, Windows
Exterior FeaturesBalcony, Private Yard, See Remarks
Facing DirectionSouth
Full Baths3
Garage Spaces1
Green SustainabilityNone
HOAYes
HOA Fee$
HeatingCentral
High SchoolAustin
Interior FeaturesBar, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Double Vanity, Multiple Living Areas, Open Floorplan, Recessed Lighting, Smart Thermostat, Walk-In Closet(s)
LevelsThree Or More
Lot Size Square Feet3929.11
MLS Area5
Middle/Junior High SchoolMartin
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesCovered, Deck, Front Porch, Rear Porch, Side Porch, See Remarks
Pool FeaturesGunite, In Ground
Property ConditionResale
Property SubtypeCondominium
Property TypeResidential
RoofComposition
Security FeaturesSecured Garage/Parking, Smoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Name1302 East 2nd Street Condos
Tax Assessed Value1299000
Tax Year2023
Unit Number1
UtilitiesElectricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
ViewCity Lights, Downtown, Neighborhood
Waterfront FeaturesNone
Waterfront Y/NNo
Year Built2023
Year Built SourceBuilder
Exterior for 1302 E 2nd St # 1
Covered Spaces1
FencingBack Yard, Privacy, Wood
Foundation DetailsSlab
Horse Amenities None
Horse Y/NNo
Lot FeaturesBack Yard, City Lot, Landscaped, See Remarks
Lot Size Acres0.0902
Parking FeaturesAttached, Garage, Off Street
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
High School
Austin High School
Middle School
Martin Middle School
Elementary School
Sanchez Elementary School
Stephen Harris
Broker Associate