Austin, TX 78702
Exceptional Short-Term Cash Cow Investment in the Heart of Austin, Featuring Downtown Views. Nearly 100k in reservations in place for the first half of 2026! The perfect fusion of historic charm and modern luxury in this one-of-a-kind short-term rental property. Nestled in one of Austin’s most desirable neighborhoods, this thoughtfully designed compound delivers both character and cash flow. The property consists of two distinct structures: A remodeled 1930s bungalow (1 bed / 1 bath) fronting E. 8th Street, exuding timeless Austin charm with original architectural details and updated interior finishes. Connected via a stunning tiered terrace and private pool, a newly constructed contemporary home (5 bed / 3.5 bath) rises behind it, offering three levels of modern living with expansive windows, sleek finishes, and designer touches throughout. This home can also be accessed privately from the alley. This unique dual-dwelling layout creates flexible rental configurations — from hosting large groups to offering separate units for couples or professionals - maximizing occupancy and nightly rates. With an impressive $250k+ in annual STR revenue, this property is a high-performing investment with a strong track record. Revenue documents are available for verification upon request. Turnkey Sale. Includes all furnishings and curated wall art, making this a truly turnkey opportunity for investors looking to hit the ground running in Austin’s competitive STR market. Key Features: Two separate dwellings on one lot, private pool with stylish outdoor lounge areas, modern amenities combined with vintage Austin charm, furniture, decor, and operational systems included, prime location near downtown, restaurants, and entertainment. Whether you're looking to grow your STR portfolio or enter the Austin market with a standout listing, this property offers the best of both worlds: historic appeal, contemporary design, and powerful income potential.
| MLS ID | 8698898 | |
| Status | Active | |
| Days Active | 203 | |
| Est. Tax | 21793.99 | |
| Lot Size | 0.1293 | |
| Year Built | 2023 | |
| Total Bedrooms | 6 | |
| 1st Floor Bedrooms | 1 | |
| Full Baths | 4 | |
| Half Baths | 1 | |
| Square Feet | 3500 | |
| Price Per SqFt | $570 | |
| Garage Spaces | 1 | |
| Fireplace(s) | 0 | |
| Fireplace Info | ||
| Flooring | Tile, Wood | |
| Stories | Three Or More | |
| Pool | Yes | |
| Courtesy of | Compass RE Texas, LLC (512) 580-6580 | |
| Subdivision | Grandview Place | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | MetalMetal | |
| Construction | ||
| Foundation | Pillar/Post/Pier, Slab | |
| Fencing | Wood | |
| Elementary School | Blackshear | |
| Elementary District | Austin ISD | |
| Middle School | Kealing | |
| Middle District | Austin ISD | |
| High School | Eastside Early College | |
| High District | Austin ISD | |
| Appliances | ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water HeaterENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater | |
| Heating | Heat Pump | |
| Cooling | Central Air | |
| Exterior Features | Balcony, Private Yard | |
| Lot Features | Alley Access, Front Yard, Gentle Sloping, Views | |
| Community Features | None | |
| Patio Features | Awning(s), Deck, Wrap Around | |
| Structures | Pool House | |
| Interior Features | Smart Thermostat | |
| Fencing Features | Wood | |
| Parking Features | Additional Parking, Alley Access, Asphalt, Attached | |
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