




$315,000
49 Navasota St Unit 201, Austin, TX, 78702
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STR- Investor Friendly!! Zoned as Hotel-Motel. No STR license needed. Introducing Unit #201 at Holly House — a rare opportunity to own a fully furnished residence in Austin’s vibrant Holly neighborhood with exceptional flexibility. Located just blocks from Rainey Street and minutes to Downtown and South Congress, this boutique 30-unit condotel community offers the perfect blend of walkability and neighborhood charm. Zoned HM (Hotel-Motel), the property allows for short-term rental use without the need for a separate STR permit, providing true investment optionality with less regulatory uncertainty. While technically a studio, the layout lives much larger. The queen bed is thoughtfully positioned in a lofted sleeping area that feels private and separate from the main living space. An adjacent second loft offers the potential to create a second queen sleeping area — ideal for accommodating additional guests or families wanting to enjoy the city with the conveniences of a kitchen and added privacy. Unit #201 further stands out with two rare and highly coveted features: a private balcony and a reserved covered parking space — a true luxury this close to Rainey Street and Downtown. Whether you’re seeking immediate rental income, a lock-and-leave Austin pied-a-terre, or the flexibility to enjoy both, this turnkey residence delivers lifestyle, convenience, and strong investment appeal in one of Austin’s most dynamic locations. Additionally, the seller is offering Unit #205 for sale and is willing to sell both units together, presenting a unique opportunity for investors looking to scale their portfolio within the same building. Check with Listing Agent to learn about financing options.
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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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