$10,000 Closing Credit¹
#4564765, Alan Holt, Listing Office: Compass RE Texas, LLC
$1,599,000 List price
1302 E 2nd St Unit 1 Austin, TX 78702
$10,000
Closing credit¹
4 beds
3 full, 1 partial
2,047 sqft
0.09 acres
$781 / sqft
Condo
Property details
About 1302 E 2nd St Unit 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!
Highlights
Home typeCondominium
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size2,047 sqft
Lot size0.0902 Acres
Year built2023
ParkingAttached, Garage, Off Street
MLS #5847576
Garage1 space
ViewCity Lights, City, Neighborhood
Private poolYes
Summary
- MLS Number: 5847576
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 633-0864
- Listing Agent: Dylan Haines
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/14/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,599,000
1302 E 2nd St Unit 1
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Sanchez Elementary School
Public District PK-5
0.3 mi
•73 San Marcos St
3
Zavala Elementary School
Public District EE-5
0.6 mi
•310 Robert T Martinez Jr St
3
Blackshear Elementary School
Public District PK-5
0.7 mi
•1712 E 11th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,596. Residents of Austin, TX typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
29%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Men's Tennis
Where do the neighbors shop?
H&M
Banana Republic
Nordstrom Rack
Where do the neighbors go to eat?
Chipotle
Jack In The Box
The Cheesecake Factory
What do the neighbors drive?
Volkswagen
Toyota
Volvo
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1302 E 2nd St Unit 1
This home is located at 1302 E 2nd St Unit 1 in Austin, TX and zip code 78702 in the East neighborhood. This 2,047 square foot home, which was built in 2023, sits on a 0.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 1, 2025 and is currently priced at $1,599,000.
Austin, TX housing market in February 2025 saw over 89 listings sold above listed price, more than 83 sold at listed price and over 434 sold below. The number of homes for sale in Austin, TX increased by 19.1% between January and February 2025. The median list price of listings available in February 2025 was $574,921, while the average time on the real estate market was 79 days.
From Rocket Homes Real Estate and based on county public records data.