$315,000

Property Overview

This studio at 49 Navasota Street in East Austin's thriving Holly neighborhood presents a compelling investment opportunity with hotel-motel zoning that eliminates traditional short-term rental licensing barriers. The 449-square-foot unit maximizes its footprint through clever loft design, featuring a queen bed positioned in a private sleeping loft that creates genuine separation from the main living area. A second loft space offers flexibility to accommodate additional guests or expand sleeping capacity, making it ideal for investors seeking rental income or owner-occupants wanting multifunctional living. The fully furnished, move-in-ready unit sits within Holly House, a boutique 30-unit condotel community positioned steps from Rainey Street's culinary scene and minutes to Downtown Austin and South Congress.

The location captures the essence of East Austin's cultural renaissance, surrounded by top-rated restaurants, breweries, and galleries while maintaining walkable access to both historic homes and modern development. Built in 2020, the property benefits from contemporary construction standards and the operational efficiencies of a managed community. Positioned at $702 per square foot, this reflects the premium associated with new construction and the property's unique zoning advantages in an increasingly competitive Austin market.

Vox Real Estate Insight

The hotel-motel zoning at this Holly House unit eliminates the regulatory complexity that deters many investors from East Austin's short-term rental market, creating genuine competitive advantage in a neighborhood experiencing rapid value appreciation. Vox Residential recognizes this as a rare positioning for investors seeking Austin exposure without the licensing headaches that typically accompany STR properties.

Agent Description

STR- Investor Friendly!! Zoned as Hotel-Motel. No STR license needed. Introducing Unit #201 at Holly House — a rare opportunity to own a fully furnished residence in Austin’s vibrant Holly neighborhood with exceptional flexibility. Located just blocks from Rainey Street and minutes to Downtown and South Congress, this boutique 30-unit condotel community offers the perfect blend of walkability and neighborhood charm. Zoned HM (Hotel-Motel), the property allows for short-term rental use without the need for a separate STR permit, providing true investment optionality with less regulatory uncertainty. While technically a studio, the layout lives much larger. The queen bed is thoughtfully positioned in a lofted sleeping area that feels private and separate from the main living space. An adjacent second loft offers the potential to create a second queen sleeping area — ideal for accommodating additional guests or families wanting to enjoy the city with the conveniences of a kitchen and added privacy. Unit #201 further stands out with two rare and highly coveted features: a private balcony and a reserved covered parking space — a true luxury this close to Rainey Street and Downtown. Whether you’re seeking immediate rental income, a lock-and-leave Austin pied-a-terre, or the flexibility to enjoy both, this turnkey residence delivers lifestyle, convenience, and strong investment appeal in one of Austin’s most dynamic locations. Additionally, the seller is offering Unit #205 for sale and is willing to sell both units together, presenting a unique opportunity for investors looking to scale their portfolio within the same building. Check with Listing Agent to learn about financing options.

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 $702/sqft, this listing is priced 38% above the East Austin median of $507/sqft.

Property Details

Interior

Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

Taxes & Legal

Frequently Asked Questions