$500,000

Property Overview

This 1940s residence on Santa Rita Street captures the essence of East Austin's evolution, offering a thoughtfully designed two-bedroom, two-bath layout within an 882-square-foot footprint that maximizes both livability and versatility. The home's well-proportioned rooms and dual bathrooms create flexible living arrangements ideal for various lifestyles—whether as a primary residence, investment opportunity, or shared living situation. Natural light streams through open living and dining areas that flow seamlessly into the kitchen, establishing an inviting atmosphere that balances comfort with functionality across the home's efficient floor plan.

Situated in the heart of East Austin's cultural renaissance, 2308 Santa Rita enjoys proximity to the neighborhood's thriving arts scene, celebrated restaurants, and craft breweries that define the area's contemporary character. Lady Bird Lake lies just moments away, while downtown Austin and the UT campus remain easily accessible. The property's location positions it amid a dynamic landscape of historic homes and modern new construction, reflecting East Austin's ongoing transformation into one of the city's most desirable neighborhoods.

Priced at $500,000, this impeccably maintained home represents a strategic positioning within Austin's competitive real estate market. The property delivers rare flexibility in a location where East Austin's cultural diversity, walkability, and proximity to urban amenities continue to attract professionals, students, and families seeking authentic community connection in central Austin, TX.

Agent Description

Whether you’re an investor seeking a highly desirable Airbnb layout, a downtown professional drawn to a walkable, city-centric lifestyle, or a parent securing a well-located home near UT Austin for your student, this two-bedroom, two-bath residence in East Austin offers a rare blend of flexibility and appeal. Impeccably maintained and in excellent condition, the home is defined by a thoughtful, guest-friendly layout with well-proportioned bedrooms and private baths—an arrangement particularly well suited for short-term rental use, shared living, or effortless everyday life. Natural light fills the open living and dining areas, creating a calm, welcoming atmosphere with an easy flow into the kitchen. Set just moments from Lady Bird Lake, East Austin’s most celebrated dining and nightlife, and minutes from downtown, the location delivers a refined balance of energy and ease. Surrounded by striking new construction and ongoing redevelopment, the property stands as a compelling opportunity in one of Austin’s most coveted and consistently in-demand corridors—whether envisioned as a turnkey investment, an urban residence, or a strategic long-term hold.

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 $567/sqft, this listing is priced 7% above the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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