Welcome to 1302 E 3rd Street—an exceptional opportunity to own a residence on one lot in one of Austin's most walkable, vibrant, and in-demand neighborhoods. Whether you're an investor looking for a high-performing short-term rental setup or a buyer seeking flexible living and income potential, this property delivers. Unit B offers 1 bedrooms and 2 bathrooms across 1214 sq ft between both floors, perfect as a guest house, rental unit, or private home office. What truly sets this property apart is its brilliant location. Tucked into the heart of East Austin, you're just blocks from some of the city's best coffee shops, food trucks, restaurants, and boutique shopping. Downtown, Lady Bird Lake, and East 6th Street are all just minutes away—you can walk or bike to nearly everything. With a stellar Walk Score, this is truly an urban dweller's paradise. This turnkey investment in a premier location is the perfect investment opportunity. Live in one unit and rent the other, rent both, or hold as a high-performing asset in one of Austin's hottest neighborhoods.
Features of 1302 E 3rd St B
MLS® #
7737618
Price
$564,000
Bedrooms
1
Bathrooms
2.00
Full Baths
2
Square Footage
1,214
Acres
0.16
Year Built
2016
Type
Residential
Sub-Type
Condominium
Status
Active
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
1302 E 3rd St B
Area
5
Subdivision
Outlot 3, Division 'O'
City
Austin
County
Travis
State
TX
Zip Code
78702
Amenities of 1302 E 3rd St B
Utilities
Electricity Available, Natural Gas Available, Phone Not Available
Dishwasher, Free-Standing Range, Disposal, Gas Water Heater
Heating
Central
Fireplace
No
Fireplaces
None
# of Stories
2
Stories
Two
Exterior of 1302 E 3rd St B
Exterior Features
See Remarks
Lot Description
Alley, Level, Sprinklers Automatic, Sprinklers In Ground, Few Trees
Roof
Metal
Construction
HardiPlank Type, Metal Siding
Foundation
Slab
School Information
District
Austin ISD
Elementary
Sanchez
Middle
Martin
High
Austin
Additional Information On 1302 E 3rd St B
Days on Market
72
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
25
HOA Fees Freq.
Monthly
Gated Community
No
Property History
Price Reduced from $589,000 to $564,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Douglas Elliman Real Estate(737) 704-7421. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 16th, 2025 at 1:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.