Description
Over $180K+ airbnb potential! Fully remodeled and turnkey, 2503 Lehigh Drive is a prime income-producing opportunity in one of East Austin’s strongest short-term rental corridors. The home features a complete renovation with modern finishes, an efficient layout, brand new deck and pool and durable materials designed for high guest turnover and long-term performance. Ideal for Airbnb or mid-term rental use, the property is positioned to command strong nightly rates with broad guest appeal. Based on comparable nearby short-term rentals and current market performance, the property is projected to generate $180,000+ in annual gross revenue when operated as a short-term rental (buyer to independently verify). A Funkit-designed, revenue-focused Airbnb furnishing and layout plan is available upon request, allowing a new owner to launch quickly. Whether you’re scaling a short-term rental portfolio or securing a high-upside asset in a rapidly appreciating area, this property offers immediate usability and strong income potential. Photos have been virtually staged.
Property Details
| Status | Active |
| MLS # | ACT216640341 |
| Taxes | $11,203 (2025) / year |
| Type | Residential |
| Year Built | 2005 |
| Lot Size | 0.40 AC / 17,480 SF |
| County | Travis |
| Subdivision | University Hills Sec 02 Ph 05 |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: From Downtown Austin, take I-35 N and exit 45th Street/51st Street. Head west on 45th Street to Burnet Road, then turn right. Continue north and turn left on Hancock Drive. Turn left on Lehigh Drive, and the property will be on your left.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT216640341 | $879,000 |
| — | Original List Price | $949,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 5 |
| Lot Size | 17,480 Sq. Ft. |
| Style | Residential |
| County | TRAVIS |
| MLS # | ACT216640341 |
Schools
Please verify enrollment eligibility directly with schools.
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.