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1302 E 3rd STAustin, TX 78702

For Sale

$1,350,000

Smart Buyer Rebate $13,500

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.

Listed by Kelton Finley

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License #742473

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Douglas Elliman Real Estate

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(737) 704-7421

Last updated July 08, 2025

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Source: ACTRIS #6932143

Listing Facts

  • TypeSingle-family
  • NeighborhoodEast Cesar Chavez
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu142
  • Taxes$26,748/year
  • Size2,987 sqft
  • Price per sqft$452

Amenities

  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/09/2025
Price Decreased
$1,350,000
04/18/2025
Listed by Douglas Elliman Real Estate
$1,400,000

Property Details for 1302 E 3rd ST

Exterior

Construction

  • Property Condition: Resale
  • Roof: Metal
  • Year Built: 2016
  • Construction Materials: Hardi Plank Type, Metal Siding
  • Exterior Features: See Remarks

Features

  • Direction Faces: South
  • Fencing: Back Yard
  • Other Structures: None, See Remarks
  • Pool Features: None, See Remarks
  • View: See Remarks
  • Waterfront Features: See Remarks

Measurements

  • Lot Features: Level, Public Maintained Road, Sprinkler - Automatic, Sprinkler - In-ground
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,969

Financial

Taxes

  • Parcel Number: 02040623020000
  • Tax Annual Amount: $26,748.00
  • Tax Assessed Value: $846,486.00
  • Tax Year: 2024

Interior

Features

  • Appliances: See Remarks
  • Flooring: Concrete, Tile, Wood
  • Interior Features: Primary Bedroom On Main, See Remarks

Measurements

  • Living Area: 2,987
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bedrooms: 2

Other

Environmental

  • Green Energy Efficient: See Remarks

Features

  • Accessibility Features: See Remarks

Location

  • Subdivision Name: TBD
  • Tax Lot: TBD

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Allison
  • Elementary School District: Austin ISD

High School

  • High School: Austin
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Bailey
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Other
  • Heating: See Remarks
  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.