Ed's Opinion of Value

$740,549 Ed's Estimate: $999,688 $2,275,000
Lowest Comp Recommended List: $1,135,000 to $1,914,000 Highest Comp
Based on 3 closed sales in 1302 EAST ND STREET CONDOS, the data points to a value around $999,688 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,135,000 to $1,914,000. This would position the home competitively among 3 active listings in 1302 EAST ND STREET CONDOS. 3 similar homes are currently available in 1302 EAST ND STREET CONDOS, creating a buyer's market for this price range. Market data shows 78702 prices fallen 7% over the last half year. The closest comparable sale, 1401 Holly ST # A, Austin TX 78702 at an adjusted $1,135,153, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 1302 EAST ND STREET CONDOS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
2,047 Sq Ft
0.0902 Acres
2023 Built
1 Garage

About This Property

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!

Features

  • Bar
  • Breakfast Bar
  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • Multiple Living Areas
  • Open Floorplan
  • Recessed Lighting
  • Smart Thermostat
  • Walk-In Closet(s)

Location

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Schools

School District Austin ISD
Elementary Sanchez
Middle School Martin
High School Austin

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Private Yard, See Remarks
County Travis
MLS # 5847576

Parking

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Listing History

MLS# 5847576 - Updated Mar 17, 2026 63 days (55 CDOM)
Apr 22, 2025 Off Market
Jan 1, 2025 Listed $1,599,000

Frequently Asked Questions About 1302 E 2nd ST # 1, Austin TX 78702

When was 1302 E 2nd ST # 1, Austin TX 78702 built?

1302 E 2nd ST # 1, Austin TX 78702 was built in 2023.

How much does 1302 E 2nd ST # 1, Austin TX 78702 cost?

1302 E 2nd ST # 1, Austin TX 78702 sold on April 22, 2025. Contact us for sale price details.

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