$315,000

Property Overview

Unit 201 at Holly House presents a rare investment opportunity in East Austin's thriving Holly neighborhood, where the property's Hotel-Motel zoning eliminates traditional short-term rental licensing barriers. This 449-square-foot studio on Navasota Street maximizes its compact footprint with a multi-level design featuring a lofted bedroom that feels spacious and separated from the living area, plus a second loft offering flexibility for additional guest accommodations. The open floor plan incorporates quartz counters, stainless steel appliances, and an expansive layout that belies the studio classification, making it exceptionally functional for both personal use and income-generating ventures.

Located steps from Rainey Street's entertainment district and minutes from Downtown Austin and South Congress, this 2020-built condotel unit captures the energy of East Austin's cultural renaissance while maintaining residential comfort. Amenities include central climate control, a private balcony with city views, high-speed internet, and dedicated parking. The 30-unit Holly House community handles common area maintenance through its $165 monthly HOA fee, allowing owners to focus on their investment or enjoyment without property management headaches. This listing sits in the hotly contested East Austin market where walkability to top restaurants, breweries, and the arts scene commands premium positioning.

Vox Real Estate Insight

We at Vox Real Estate recognize that Holly House's unique condotel structure and Hotel-Motel zoning make this one of the most straightforward short-term rental opportunities available in central East Austin, appealing equally to investors seeking passive income and owner-occupants wanting downtown proximity without downtown density. At $702 per square foot, this unit reflects the neighborhood's emerging premium positioning while the creative loft layout delivers guest accommodation flexibility that standard studio units simply cannot match.

Agent Description

STR- Investor Friendly!! Zoned as Hotel-Motel. No STR license needed. Introducing Unit #201 at Holly House — a rare opportunity to own a fully furnished residence in Austin’s vibrant Holly neighborhood with exceptional flexibility. Located just blocks from Rainey Street and minutes to Downtown and South Congress, this boutique 30-unit condotel community offers the perfect blend of walkability and neighborhood charm. Zoned HM (Hotel-Motel), the property allows for short-term rental use without the need for a separate STR permit, providing true investment optionality with less regulatory uncertainty. While technically a studio, the layout lives much larger. The queen bed is thoughtfully positioned in a lofted sleeping area that feels private and separate from the main living space. An adjacent second loft offers the potential to create a second queen sleeping area — ideal for accommodating additional guests or families wanting to enjoy the city with the conveniences of a kitchen and added privacy. Unit #201 further stands out with two rare and highly coveted features: a private balcony and a reserved covered parking space — a true luxury this close to Rainey Street and Downtown. Whether you’re seeking immediate rental income, a lock-and-leave Austin pied-a-terre, or the flexibility to enjoy both, this turnkey residence delivers lifestyle, convenience, and strong investment appeal in one of Austin’s most dynamic locations. Additionally, the seller is offering Unit #205 for sale and is willing to sell both units together, presenting a unique opportunity for investors looking to scale their portfolio within the same building. Check with Listing Agent to learn about financing options.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $702/sqft, this listing is priced 47% above the East Austin median of $478/sqft.

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