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.
2,987 Sq Ft
6,969.6 Sq Ft Exterior Space
Single Family Home
$26,748 Annual Tax
Built in 2016
MLS/Listing ID 6932143
2 Stories
Lot - Level
Natural Wood
Tile
Concrete
Backyard
Construction - Metal Siding
Construction - Hardi Plank Type
Slab
Main Level Primary
Lot - Automatic Sprinklers
Lot - Sprinklers in Ground
Parking - Attached
Metal
Listing Courtesy of DOUGLAS ELLIMAN REAL ESTATE, KELTON FINLEY - 512-866-3795
Source of Data: AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE