1302 E 2nd ST # 1, Austin TX 78702,Austin,Travis,Residential

$ 1,599,000
1302 E 2nd ST # 1, Austin TX 78702, ,

Overview

  • Property ID
  • 2258394
  • 3 Bedrooms
  • 3.5 Bathrooms
  • 2,047 ft2
  • 0 ac

Description

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!

Outdoor Details
balcony
Garage Attached
Other Features
Bar
Bar Fridge
Breakfast Bar
Ceiling Fan(s)
Dishwasher
Disposal
Double Vanity
Electrical Utility Available
Gas Range
Has Garage
Has Pool
Home Owners Association
Microwave
Multiple Living Areas
Open Floorplan
Private Yard
Quartz Counters
Recessed Lighting
Refrigerator
RNGHD
See Remarks
Smart Thermostat
Stainless Steel Appliance(s)
Tankless Water Heater
Vented Exhaust Fan
Walk-In Closet(s)
Property Id : 2258394
Price: $ 1,599,000
Property Size: 2,047 ft2
Property Lot Size: 0 ac
Bedrooms: 3
Bathrooms: 3.5
Syndication Remarks: 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!
Parking Features: Attached,Garage,Off Street
Lot Size(acres): 0.0902
Lot Size(sf): 3929.11
Country: US
Last Listing Change: 2025-01-03T14:52:19.757Z
Builder Name: LandLHomes
Property Key: 48453|953936|1|268440093
Status Contractual Search Date: 2025-01-01
Listing Key Numeric: 175125302
Est. Taxes: 23797
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 30
State: TX
Last Status Change: 2025-01-01T16:35:39.290Z
Street Dir Prefix: E
Street Name: 2nd
Laundry Location: In Unit,Laundry Closet,Upper Level
Street# Ext.: 1302
Street#: 1302
Street Suffix: ST
#Dining: 1
#Living: 2
#Other Level Beds: 3
Property Match: APN
$/SF: 781.14
Tax Filled SF Total: 1040
Unit Style: Multi-level Floor Plan,No Adjoining Neighbor,See Remarks
Accessibility Features: Visitable
HOA Fee: 0
HOA Fee Frequency: Monthly
HOA includes: See Remarks
HOA Name: 1302East2ndHomeOwnersAssn
Full Baths: 3
Half Baths: 1
Total Baths: 3.5
Community Features: See Remarks
Construction Materials: Frame,HardiPlank Type
Cooling: Central Air
Covered Spaces: 1
Faces: South
Directions: From I-35, Exit Cesar Chavez and head East. North on Attayac St. Right on Second St. Home is on the left.
Elem School: Sanchez
Elem School District: Austin ISD
Fencing: Back Yard,Privacy,Wood
#Fireplaces: 0
Flooring: Concrete,Tile,Wood
Foundation Details: Slab
Garage Spaces: 1
Heating: Central
High School: Austin
High School District: Austin ISD
Levels: Three Or More
Listing ID: 5847576
Listing Terms: Cash,Conventional,FHA
SF Source: Plans
Lot Features: Back Yard,City Lot,Landscaped,See Remarks
MLS Area Major: 5
Main Level Beds: 0
Middle School: Martin
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 02040635020000
Patio And Porch Features: Covered,Deck,Front Porch,Rear Porch,Side Porch,See Remarks
Pool Features: Gunite,In Ground
Possession: Funding
Property Condition: Resale
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Unit#: 1
Utilities: Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View: City Lights,Downtown,Neighborhood
Water Source: Public
Waterfront Features: None
Window Features: Double Pane Windows,Insulated Windows,Skylight,Vinyl Windows
Year Built: 2023
$ 10,950.29
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,085.41
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle