Property Detail

1218 Holly Street

Austin TX 78702

$1,074,999

Status: Active

Property Details

Description

YOU CAN BUY THIS $1,075,000 home for the same payment as a $914,000 home. UPGRADE into this Home. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 5% to mid 6% depending on down payment. MINIMUM of 20% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days. **October AIRBNB bookings confirmed to make over $12,000 in gross income** Attractive 2-story home on corner lot with private yard, perfect for entertaining. This property has been a highly profitable STR for the last 4+ years. 6 blocks from Rainey St, and just 4 blocks from East 6th, one of the coolest areas in East Austin. Can be used as one residence or split into two units via private entrances and interior locking door, and has STR-1 license. Down has 1/1 and kitchen. Up has 2/1 and kitchen. Substantial remodel in 2017. Make this home your own or use it as an STR. Large insulated attic with two windows that can be converted to loft space. Just minutes from downtown, Town Lake, parks, shopping, and easy access to I-35. All furniture can be sold with the property. The Cowboy pool also conveys

Map Location

Listing provided courtesy of of Douglas Elliman Real Estate. Last updated 2024-05-05 10:02:16.000000. Listing information © 2024 ACTRIS.

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