Courtesy of: Dylan Haines, Compass RE Texas, LLC, dylan.haines@compass.com
Courtesy of: Dylan Haines, Compass RE Texas, LLC, dylan.haines@compass.com
$1,599,000
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3 bed
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4.00 Bath (3 Full , 1 Half)
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Lot: 0.09 Acres
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Condominium
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$1,599,000
1302 E 2nd ST 1 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!
Courtesy of: Dylan Haines, Compass RE Texas, LLC, dylan.haines@compass.com
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