ActiveResidential · sale

2202 Santa Rita

Austin, TX 78702

$1,050,000

  • 4 beds
  • 3 baths
  • 2,497 sq ft
  • 0.07 acres
  • Built 2018

Listed by Compass RE Texas, LLC · MLS #ACT8096030

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2018.

Garage parking

1 garage spaces listed.

Property size

0.07 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience the best of East Austin from this ideally located home, tucked away on a quiet residential street. Grab your morning coffee at Figure 8 Coffee, meet friends at Launderette or la Barbecue, bike to Lady Bird Lake & the Butler Trail, or head into Downtown, East 6th, Rainey Street, or UT, all just minutes away. This is the vibrant, walkable Austin lifestyle buyers dream about, w/ the added bonus of enjoying your own home on its own lot in the middle of it all.

Inside, the flexible floor plan offers space to gather, work, host, & unwind. The first floor features a private bedroom & full bath, perfect for guests. The second level includes the primary suite with a dedicated home office, two additional bedrooms, & another full bath. Upstairs, the spacious loft offers endless possibilities as another bedroom, 2nd living area, workspace, or studio. Even the garage has been thoughtfully transformed into a home gym, making it easy to start your day without leaving home.

Beyond its incredible location and livability, this home also offers a rare financial opportunity. Exceptional homes w/ income-producing potential are difficult to find. Whether you're looking to expand your investment portfolio, offset the costs of a second home, or enjoy the flexibility of a primary residence with short-term rental potential, this house delivers.

Based on projections provided by a professional short-term rental management company, the home is estimated to generate more than $107k+ in annual gross revenue, w/ average monthly income projected between $4k-$5k & peak months estimated $11k+. Combined w/ its spacious layout, flexible design, & highly desirable East Austin location, this home is well positioned for buyers seeking both lifestyle & income potential.

Whether you're searching for a primary residence, an investment property, or the perfect combo of both, this is an opportunity that's increasingly hard to find in one of Austin's most sought-after neighborhoods.

THE NEIGHBORHOOD

Explore the location.

2202 Santa Rita, Austin, TX 78702

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
3
Half baths
0
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Flooring
Tile, Vinyl
Fencing
Fenced, Wood
Accessibility
None
Pool features
None
Subdivision
Buena Vista
Parcel
02021004150000
Elementary school
Zavala
Middle school
Kealing
High school
Eastside Early College
Annual property tax
$13,637.80

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,375.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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2202 Santa Rita, Austin, TX 78702 · MLS #ACT8096030

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Listing information

MLS #ACT8096030 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Lisa Munoz

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.