2202 Santa Rita ST, Austin TX 78702
- $1,150,000
Overview
- Single Family Residence
- 4
- 3
- 2497
- 2018
- 0.0689
Description
Experience the best of East Austin from this ideally located home, tucked away on a quiet residential street. Grab your morning coffee at Figure 8 Coffee, meet friends at Launderette or la Barbecue, bike to Lady Bird Lake & the Butler Trail, or head into Downtown, East 6th, Rainey Street, or UT, all just minutes away. This is the vibrant, walkable Austin lifestyle buyers dream about, w/ the added bonus of enjoying your own home on its own lot in the middle of it all.
Inside, the flexible floor plan offers space to gather, work, host, & unwind. The first floor features a private bedroom & full bath, perfect for guests. The second level includes the primary suite with a dedicated home office, two additional bedrooms, & another full bath. Upstairs, the spacious loft offers endless possibilities as another bedroom, 2nd living area, workspace, or studio. Even the garage has been thoughtfully transformed into a home gym, making it easy to start your day without leaving home.
Beyond its incredible location and livability, this home also offers a rare financial opportunity. Exceptional homes w/ income-producing potential are difficult to find. Whether you're looking to expand your investment portfolio, offset the costs of a second home, or enjoy the flexibility of a primary residence with short-term rental potential, this house delivers.
Based on projections provided by a professional short-term rental management company, the home is estimated to generate more than $107k+ in annual gross revenue, w/ average monthly income projected between $4k-$5k & peak months estimated $11k+. Combined w/ its spacious layout, flexible design, & highly desirable East Austin location, this home is well positioned for buyers seeking both lifestyle & income potential.
Whether you're searching for a primary residence, an investment property, or the perfect combo of both, this is an opportunity that's increasingly hard to find in one of Austin's most sought-after neighborhoods.
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- Amit Shanghvi
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- Amit Shanghvi
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