Property Overview

This fully renovated 3-bedroom, 2-bath residence on Carnarvon Lane offers an exceptional income opportunity in one of Austin's most desirable South Austin locations. The 1,150-square-foot home sits on a generous 7,448-square-foot lot and arrives completely furnished and ready for short-term rental operation. Priced at $719,900, this property positions itself favorably within the Austin market for investors seeking immediate cash flow with minimal operational friction.

The home's modern updates cater directly to today's hospitality guest expectations. A tankless water heater ensures consistent comfort, while an EV charging port addresses the growing demand from eco-conscious travelers. The open-concept layout accommodates groups and families effectively, maximizing the property's appeal across multiple booking segments. Recent remodeling throughout provides the polished aesthetic that commands premium nightly rates on the Austin STR market.

Location amplifies this property's income potential significantly. Carnarvon Lane's proximity to downtown Austin, cultural venues, nightlife, and dining districts creates consistent demand from business travelers, tourists, and event attendees. The residential setting balances convenience with the peaceful atmosphere guests increasingly seek. For investors evaluating Austin's competitive short-term rental landscape, this move-in-ready asset on Carnarvon Lane eliminates typical development delays and delivers performance-ready hospitality infrastructure.

Agent Description

Turnkey, Fully Furnished STR Opportunity Minutes from Downtown Austin Investor-ready and income-producing from day one. This fully renovated 3-bedroom, 2-bath home in South Austin is perfectly positioned just minutes from downtown, making it an ideal short-term rental or executive stay property. Recently remodeled with modern finishes throughout, the home comes fully furnished, allowing for immediate STR operation with minimal startup costs. Features include a tankless water heater for guest comfort, an EV charging port (a growing guest demand), and a functional, open layout well-suited for groups, families, and longer stays. The location is a major value driver—close to downtown Austin, major events, nightlife, dining, and entertainment, while still offering a comfortable residential feel guests love. This combination supports strong occupancy, premium nightly rates, and repeat bookings. Whether you’re expanding your Airbnb portfolio or entering the Austin STR market, this property offers a rare turnkey opportunity in one of the city’s most desirable and high-demand areas.

Property Details

Listing data last updated: March 25, 2026

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