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1302 E 2nd ST 1
Austin TX 78702 US

$1,599,000

Active Listing ID 5847576
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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

$1,599,000

Active Listing ID 5847576
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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!

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 1
  • Exterior Finish: Fencing, Balcony, Private Yard, Pool
  • Floor Covering: Concrete, Tile, Wood
  • Roof Type: Composition
  • Heating Fuels: Central Furnace
  • Additional Features
  • Pool

School Information

  • School
  • Sanchez(Elementary)
  • Martin(MiddleSchool)
  • Austin(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 1599000
  • unparsedaddress: 1302 E 2nd ST
  • unitnumber: 1
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78702
  • bathroomsfull: 3
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0902
  • lotsizeunits: Acres
  • lotsizearea: 0.0902
  • livingarea: 2047
  • livingareaunits: Square Feet
  • latitude: 30.260645
  • longitude: -97.730755
  • listagentfullname: Dylan Haines
  • listagentemail: dylan.haines@compass.com
  • listagentkey: 3yd-ABORTX-695589
  • listagentmlsid: 695589
  • listagentpreferredphone: 5126330864
  • listagentofficephone: 5125753644
  • listofficekey: 3yd-ABORTX-700459
  • listofficemlsid: 700459
  • disclaimer: Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 2023
  • listingcontractdate: 2025-01-01
  • listagenturl: https://www.compass.com/
  • buildername: LandLHomes
  • countyorparish: Travis
  • parcelnumber: 02040635020000
  • elementaryschool: Sanchez
  • highschool: Austin
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
  • constructionmaterials: Frame, HardiPlank Type
  • flooring: Concrete, Tile, Wood
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Garage, Off Street
  • roof: Composition
  • view: City
  • waterfrontyn: False
  • interiorfeatures: Bar, Breakfast Bar, Ceiling Fan(s), Quartz Counters, Double Vanity, Multiple Living Areas, Open Floorplan, Recessed Lighting, Smart Thermostat, Walk-in Closet(s)
  • exteriorfeatures: Fencing, Balcony, Private Yard, Pool
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen
  • securityfeatures: Smoke Detector(s)
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.73076, 30.260645
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Listing Changed: 1/3/2025 4:35:25 PM GMT
Source Updated Date: 1/6/2025 6:43:57 AM GMT

Courtesy of: Dylan Haines, Compass RE Texas, LLC, dylan.haines@compass.com

Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.