
$1,278,000
NAL Estimated Property Value1503 E 3rd ST A and #B, Austin, TX, 78702
Property Lead Type:
Highlights
Interior
Exterior
About this property
Immerse yourself in the vibrant heart of Austin. This 2020-built, 2-condo regime property, (listing includes both Unit A&B). Property is a prime investment for short-term rental ventures offering a rare 6 BDRMs. Located mere moments from downtown's lively scene with great walkability to dining, entertainment venues, coffee shops and more, not to mention the Comal Pocket Park right across the street, this property has a proven rental track record. (STR rent for both properties available by request). Unit A, with three comfortable bedrooms and two chic bathrooms, blends style with comfort. The interior is graced with waterproof, ash-colored vinyl plank flooring and vaulted ceilings, accented by recessed lighting, creating an inviting, open atmosphere. Prioritize comfort with remote-controlled mini-split A/C systems in each room and enjoy the efficiency of Rinnai tankless water heaters. Enhanced security is assured with the Ring Doorbell system. Unit(s) also feature a multi-functional office or living area upstairs, spacious closets, and 2 covered outdoor living areas, (one can be 2-car carport), currently both utilized as charming outdoor spaces for STR guests. The fully fenced outdoor area, adorned with mature trees and xeriscaping, provides a peaceful urban oasis and private compound feel. Its superb location, just three blocks from the Capital Metro train and adjacent to Comal City Park, perfectly balances city accessibility with tranquil living. Near E 3rd Street, a plethora of entertainment awaits, from unique dining and live music to cultural sites and vibrant nightlife, making it a magnet for STR investors. Seize this opportunity to invest in a blend of contemporary comfort, strategic location, and Austin's dynamic spirit. The listing broker makes no warranties regarding the accuracy of information provided and buyers are advised to conduct their own due diligence
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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