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$1,150,000

2202 Santa Rita ST, Austin, TX, 78702

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$460.55 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesExterior Steps, Private Yard, Rain Gutters
Lot Size3,001 sqft

Building Information

Year Built2018
Stories3
Roof Type105
Garage Spaces1

Land Information

APN02021004150000
Lot Number15
SubdivisionBuena Vista
Land UseResidential
Legal DescriptionLOT 15 BLK 2 OLT 9 DIV O BUENA VISTA
Census Tract000902
Assessed Land Value$247,655
Assessed Improvement Value$619,408
Assessment Year2025

About this property

Exceptional homes like this one with a proven successful income-producing track record are hard to find! Whether you're looking to expand your investment portfolio, purchase a 2nd home that helps offset ownership costs, or enjoy the flexibility of a primary residence with short-term rental potential, 2202 Santa Rita offers an opportunity that's difficult to replicate in one of East Austin's most desirable areas! This property has been a highly successful short-term rental, consistently generating strong annual income. With more than $107,000 in annual gross revenue this home brings in $4k-$5k on average each month. With some months exceeding $11k! What an outstanding earning potential for its next owner! Combined with its spacious bedroom layout, flexible floor plan, and sought-after location just minutes from Downtown, it's easy to see why guests continue to choose this home year after year! The home has a flexible 3-story floor plan that offers space to gather, work, host, and unwind. The first floor has a full bedroom and bath. On the 2nd floor is the primary suite, home office (tucked into the main bedroom), 2 additional bedrooms, and another full bath. On the 3rd story is a perfect loft space with enough room for a bedroom, living, and WFH. Plus, the garage gym is perfect for getting that morning work out in! Nestled on a quiet residential street, you'll enjoy the best of East Austin just outside your door. Walk or bike to neighborhood favorites like Flat Track Coffee, Mercado Sin Nombre, Launderette, la Barbecue, and H-E-B. Or spend weekends exploring Lady Bird Lake, the Butler Trail, Festival Beach, and Metz Park. Downtown, East 6th, and Rainey Street are all just minutes away, offering endless dining, entertainment, and nightlife! The next owner can step into a property that's been carefully maintained and positioned for continued success! Whether as an investment, a personal residence, or the perfect combination of both.

Investor Tools

$561,168Estimated Mortgage Balance
$507,832Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Lisa Munoz

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,278
$810,755
2025
$247,655
$619,408
$867,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,278
$810,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Commercial
$645,000
No
First
Nov 7, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$561,168
$507,832
47%
52%
$3,868/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,868/mo
$-1,452/mo
2.7%

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2202 Santa Rita ST | Property Details | No Agent List