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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
$1,050,000
3D Tour
4 Beds
6 Baths
3,064 Sq ft
$2,100,000
MLS# 4973673
ACTIVE
$1,095,000
$1,049,000
$899,900
$1,399,000
$1,500,000
Austin STRs For Sale
Days on the Market
Ascending
12
2,860 Sq ft
$1,050,000
MLS# 1400064
ACTIVE
Listing Agent: Matt Key
Listing Office: Resident Realty, LTD.
5 Beds
6 Baths
2,394 Sq ft
$1,399,000
MLS# 2459746
ACTIVE
Listing Agent: Sydney Grubb
Listing Office: Compass RE Texas, LLC
4,400 Sq ft
$3,450,000
MLS# 4520523
ACTIVE
Listing Agent: Kelly Ilse
Listing Office: Compass RE Texas, LLC
5 Beds
4 Baths
3,092 Sq ft
$825,000
MLS# 6787321
ACTIVE
Listing Agent: Barb Cooper
Listing Office: Redfin Corporation
4 Beds
6 Baths
3,064 Sq ft
$2,100,000
MLS# 4973673
ACTIVE
Listing Agent: Mike Takao
Listing Office: Keller Williams Realty
2,610 Sq ft
$529,000
MLS# 2823745
ACTIVE
Listing Agent: Tiffany Ferdus
Listing Office: Green Residential
1,850 Sq ft
$569,900
MLS# 2973711
ACTIVE
Listing Agent: Jake Gibson
Listing Office: Direct Effect Real Estate
4 Beds
3 Baths
2,217 Sq ft
$1,095,000
MLS# 3691847
ACTIVE
Listing Agent: Lee Abraham
Listing Office: eXp Realty LLC
3 Beds
4 Baths
1,860 Sq ft
$829,000
MLS# 5280938
ACTIVE
Listing Agent: Tamara James
Listing Office: Compass RE Texas, LLC
2,874 Sq ft
$749,900
MLS# 6621100
ACTIVE
Listing Agent: Dominique Davalos
Listing Office: Coldwell Banker Realty
1,800 Sq ft
$575,000
MLS# 6940395
ACTIVE
Listing Agent: Maggie Ruiz
Listing Office: Redfin Corporation
6 Beds
4 Baths
2,292 Sq ft
$899,000
MLS# 8884899
ACTIVE
Listing Agent: Caitlin Sullivan
Listing Office: JBGoodwin REALTORS WL
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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: 10th April, 2026 10:37 PM (UTC)
