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$1,350,000

NAL Estimated Property Value

1302 E 3rd ST, Austin, TX, 78702

$1,755,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,987 Sq Ft
price_per_sqft$451.96 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

ARV FlipMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Garage Spaces1

About this property

Welcome to 1302 E 3rd Street—an exceptional opportunity to own two separate, stylish residences on one lot in one of Austin's most walkable, vibrant, and in-demand neighborhoods. Whether you're an investor looking for a high-performing short-term rental setup or a buyer seeking flexible living and income potential, this property delivers. Unit A features 3 bedrooms, 2.5 bathrooms, and approximately 1,773 sq ft of contemporary living space, with an attached 1-car garage and upscale finishes. Unit B offers 1 bedrooms and 2 bathrooms across ~800 sq ft, perfect as a guest house, rental unit, or private home office. Together, the property provides 4 bedrooms, 3.5 bathrooms, and over 2,700 sq ft of combined living space. Both homes are thoughtfully designed and currently used as successful STRs with separate entrances, offering privacy, flexibility, and income potential. What truly sets this property apart is its brilliant location. Tucked into the heart of East Austin, you're just blocks from some of the city's best coffee shops, food trucks, restaurants, and boutique shopping. Downtown, Lady Bird Lake, and East 6th Street are all just minutes away—you can walk or bike to nearly everything. With a stellar Walk Score, this is truly an urban dweller's paradise. This turnkey investment in a premier location is the perfect investment opportunity. Live in one unit and rent the other, rent both, or hold as a high-performing asset in one of Austin's hottest neighborhoods.

Investor Tools

Property Icon
$1,350,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,755,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

1302 E 3rd ST | Property Details | No Agent List