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Discover a world of opportunity in Austin's dynamic real estate market with our curated selection of properties for sale, perfect for savvy short-term rental investors. Austin, known for its vibrant culture and booming tourism industry, offers a prime backdrop for your investment endeavors. Explore a range of potential multi-unit STR properties meticulously chosen for their potential to maximize your returns. Whether you're a seasoned investor or just starting out, these properties present an excellent chance to capitalize on Austin's popularity as a destination city by purchasing a property with two STR investments on one lot. Unlock your investment potential and make your mark in Austin's thriving short-term rental market.
This curated list of multi-unit properties in the greater Austin area includes properties that may be existing short term rentals, or they may be in a great location or have a unique feature that would make them great airbnbs. However, it is important to note that all of these properties may not be able to be entirely used as full-time short term rentals. The City of Austin has various rules for short term rental permit eligibility based on the number of units, how the property is zoned, and the intended use for the property. Here are a few tip to keep in mind when considering a multi-unit short term rental purchase in the City of Austin:
- On a property with up to 3 units, a maximum of 2 units are eligible for STR use
- Duplexes are eligible for 2 STR permits, one per side
- Two-unit residential properties may be marketed as A and B units or Unit 1 and Unit 2. These properties have two units on one lot; however they are not connected, and are legally sold separately. These are known as condo regimes, and may have restrictions on STR use.
- Fourplexes are subject to Type 3 requirements, as such they are limited to one Type 2 permit per building.
Keep in mind, these rules are only for properties within the city limits of Austin. Furthermore, short term rentals are considered leases less than 30 days. You may want to consider a diversified play with a multi-unit property purchase that includes a combination of STR, mid-term and long-term rentals.
Map of the area
$300,000
$1,100,000
$795,000
$900,000
$1,999,050
Austin STRs For Sale
Days on the Market
Ascending
12
5 Beds
6 Baths
2,496 Sq ft
$300,000
MLS# 7515221
ACTIVE
Listing Agent: Kelly Toney
Listing Office: Tranzon Asset Advisors of Texa
3,045 Sq ft
$1,350,000
MLS# 9972464
ACTIVE
Listing Agent: Zac Sagay
Listing Office: Compass RE Texas, LLC
2,505 Sq ft
$1,100,000
MLS# 3951880
ACTIVE
Listing Agent: Alora Mery
Listing Office: MODUS Real Estate
2,930 Sq ft
$1,399,800
MLS# 3807099
ACTIVE
Listing Agent: Michelle Jones
Listing Office: Compass RE Texas, LLC
5 Beds
4 Baths
1,833 Sq ft
$875,000
MLS# 8551063
ACTIVE
Listing Agent: Denise Lewis
Listing Office: Keller Williams Realty
5 Beds
5 Baths
2,212 Sq ft
$948,900
MLS# 9189337
ACTIVE
Listing Agent: Chloe Chiang
Listing Office: eXp Realty, LLC
6 Beds
5 Baths
3,500 Sq ft
$1,995,000
MLS# 1893924
ACTIVE
Listing Agent: Mike Mogavero
Listing Office: Compass RE Texas, LLC
$735,000
MLS# 8156441
ACTIVE
Listing Agent: Gabi Vitui
Listing Office: eXp Realty, LLC
7 Beds
8 Baths
6,000 Sq ft
$3,490,000
MLS# 5931353
ACTIVE
Listing Agent: Gene Arant
Listing Office: Keller Williams - Lake Travis
3,222 Sq ft
$648,000
MLS# 9355935
ACTIVE
Listing Agent: Patricia Tuffentsamer
Listing Office: Texas Landera Realty LLC
2,723 Sq ft
$685,000
MLS# 7523630
ACTIVE
Listing Agent: Dina Dillard
Listing Office: Spyglass Realty
4 Beds
3 Baths
2,340 Sq ft
$795,000
MLS# 7853204
ACTIVE
Listing Agent: Jaymes Willoughby
Listing Office: Keller Williams Realty
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Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © Austin Board of Realtors Updated: 23rd October, 2026 11:31 PM (UTC)
