Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

4
Posts
0
Votes
Laurel Dunlop
0
Votes |
4
Posts

Turnkey Austin STR | Self-Managed | ~6% Cap | 78704

Laurel Dunlop
Posted

Austin STR – Off-Market Opportunity (HOA-Approved, Type 3 Permit)

Posting here before my listing goes public soon.

I am selling my fully operational, high-performing STR in Austin and would strongly prefer a buyer who plans to continue running it as a successful short-term rental.

Why this one is different:
HOA explicitly allows STRs
• Currently the only Type 3 STR in the complex
• City of Austin regulations tightening, this setup is increasingly hard to replicate
• Active STR permit (buyer would be responsible to seek renewal in April 2026)
• Turnkey operation with established systems

The property:
• 2BR / 1.5 BA condo close to Downtown Austin - 78704

• Fully renovated down to the studs 4 years ago

Two dedicated parking spots
• Private outdoor space
• Fully furnished and STR-ready
• Quiet, well-run HOA
• Strong guest appeal + repeatability

Furnishings & setup:
• Open to including a large majority of furniture, decor, and kitchen appliances
• Everything is already selected and proven for STR use
• Goal is a smooth, plug-and-play transition.

Performance: 6% cap rate (self managed/self cleans)
• High demand with consistently high ratings
• Clean, simple operational setup
• Happy to share performance details privately with serious buyers

Transition support:
While Airbnb accounts themselves aren’t transferable, I’m happy to:
• Share the listing description and photos for easy transition
• Assist with a smooth handoff of operations
• Introduce cleaners/vendors
• Share pricing strategy, templates, and best practices
• Support the buyer during the transition period

Logistics:
• Not officially on the market yet
• Open to a direct sale if it’s a good fit on both sides

If you're an STR operator (or looking to become one) and want an HOA-approved, regulation-resilient Austin STR, feel free to comment someone who might be interested or DM me for more details. Will be publicly listed for $348,500 in the coming weeks.

Happy to answer questions or share more details privately. Email: [email protected]

Offering
Austin, Texas

Loading replies...