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Property listed by Compass RE Texas, LLC 512-575-3644 {attribution_contact}
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.
Property Details and Features
Appliances & Equipment
- ElectricCooktop
- Microwave
- Refrigerator
- StainlessSteelAppliances
Bathrooms
- 1 total bathroom
- 1 full bathroom
Building
- Built in 2020
- Living area: 449.0
- Building faces Southwest
- Levels: One
- Construction Materials: BoardAndBattenSiding, HardiplankType, Concrete
Community
- CommonGroundsArea
Disclosures
- SellerDisclosure
Accessibility Features
- None
Exterior Features
- Balcony
Fence
- None
Floors
- Vinyl
Foundation
- Slab
Heating
- Central
Home Owner’s Association
- Association Fee: $165
- Fee Frequency: Monthly
- Fee Includes: CommonAreaMaintenance, Insurance
Interior Features
- CeilingFans
- HighCeilings
- HighSpeedInternet
- OpenFloorplan
- QuartzCounters
Laundry
- CommonArea
Listing
- Listing ID: 5341053
- Standard Status: Active
- MLS Status: Active
- Property Subtype: Condominium
- On market as of 2026-09-04
- 1 day on market
- Special Conditions: Standard
Location
- Subdivision: Holly House Condominiums
- MLS Area (Major): 5
- County/Parish: Travis
Lot
- 0.0182 acres
- None
Parking
- ParkingLot
Pool
- None
Possession
- ClosingAndFunding
- CloseOfEscrow
Property
- Resale
- City
Roof
- RolledHotMop
Schools
- Elementary School: Sanchez
- Elementary School District: Austin ISD
- Middle School: Martin
- Middle School District: Austin ISD
- High School: Austin
- High School District: Austin ISD
Sewer
- PublicSewer
Taxes
- Parcel Number: 02000505300000
- Annual Amount: $6,010.04
- Assessed Value: $285,816
- Legal Description: HOLLY HOUSE CONDOMINIUMS UNT 201 PLUS 0.1055 % INT IN COM AREA
- Year: 2026
Utilities
- ElectricityConnected
- FiberOpticAvailable
- NaturalGasAvailable
- SewerConnected
- WaterConnected
- Water Source: Public