$2,900,000

Property Overview

This contemporary luxury residence at 1602 Taylor Gaines Street commands attention as a fully furnished short-term rental powerhouse in East Riverside, Austin TX. Built in 2024 by CKN Capital with design from Kelley Design Group and Etch Design Group, the 3,237-square-foot home merges refined architecture with income-generating potential, having produced over $250,000 in gross earnings in 2025 alone. The five-bedroom, five-bath layout unfolds across soaring 11-foot ceilings and expansive windows that flood the space with natural light, while a chef's kitchen features hand-selected marble countertops, custom cabinetry, and commercial-grade appliances alongside a walk-in glass pantry. Designer lighting and curated tile selections create a cohesive aesthetic throughout.

Positioned on a private 0.21-acre lot with gated security, this East Riverside property captures the neighborhood's rapid transformation while maintaining residential tranquility. The home's elevated finishes—from white oak flooring to thoughtfully selected materials—reflect an investment-grade approach to both aesthetics and durability. Lady Bird Lake proximity and ongoing transit improvements position owners to benefit from the area's accelerating development trajectory.

Vox Residential Insight

At $896 per square foot, 1602 Taylor Gaines Street represents a luxury positioned significantly above the East Riverside median, reflecting its new construction quality and proven short-term rental performance that appeals to both owner-operators and passive investors. The Vox Residential team recognizes this property's rare combination of premium finishes and established cash flow in a neighborhood experiencing transformative growth.

Agent Description

1602 Taylor Gaines Drive presents a rare opportunity to own a luxury, high-performing short-term rental in one of Austin’s most sought-after locations. This is a once-in-a-generation opportunity. In 2025 alone, the property generated over $250,000 in gross earnings and is offered fully furnished and turnkey, ready for immediate enjoyment or continued income production. This is an exceptional home by CKN Capital, Kelley Design Group & Etch Design Group, blending elevated design with intentional functionality across 3,237 square feet. The residence features 5 bedrooms, an office, and 5 full bathrooms on a private 0.21-acre lot, fully secured with a privacy gate. Soaring 11-foot ceilings and expansive windows fill the space with natural light, while the chef’s kitchen showcases hand-selected marble, custom cabinetry, and commercial-grade Decor appliances, including a walk-in glass pantry. Designer lighting and curated tile selections carry throughout, complemented by a striking white oak and glass floating staircase leading to a glass-enclosed office with built-ins. The living room centers around a plaster-wrapped fireplace, with a hidden entryway opening to a mudroom and two-car garage. A guest suite with a dedicated pool bath completes the main level. The outdoor spaces are designed for both entertaining and everyday living, featuring multiple decks, a pool and hot tub, an al fresco dining patio, fire pit, and outdoor kitchen. A detached casita offers a flexible guest retreat or additional living space, complete with a mini fridge, microwave, and full bath. Upstairs, a vaulted wood-clad ceiling introduces a second living area, while the primary suite delivers a spa-like experience with a glass-enclosed shower with multiple heads, a freestanding tub, floating double vanity, and a walk-in closet with a built-in steamer. Additional bedrooms include an ensuite with a private balcony, a shared bath, and a full laundry room. Reach out for more details today!

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $896/sqft, this listing is priced 201% above the East Riverside median of $298/sqft.

Property Details

Listing data last updated: May 19, 2026

Frequently Asked Questions