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.
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.