About This Home
Welcome to 1903 Albury Cove Unit C, a turnkey North Austin townhome with incredible short-term rental potential. Located in the high-demand 78758 zip code, this premium investment asset maximizes cash flow. While City of Austin STR permits do not automatically transfer upon sale, the property's layout and rental history make it a prime candidate for a new Type 2 or Type 3 license application. This gives real estate investors a proven footprint to maximize Average Daily Rates (ADR) on Airbnb and VRBO, pivot to high-yield mid-term corporate housing, or secure stable long-term tenants.
Positioned at the epicenter of Austin's tourism, sports, and tech corridors, this townhome ensures consistent booking demand. The property is minutes from Q2 Stadium (home of Austin FC), driving premium-rate weekend demand for professional soccer matches and major concerts. It is under 10 minutes from the Domain tech corridor, known as Austin's second downtown, making it a premier destination for corporate professionals visiting Apple, Amazon, and IBM hubs. Ideal for lucrative mid-term medical professionals and traveling nurses, St. David's North Austin Medical Center is just a 3-minute drive, and Ascension Seton Northwest Hospital is only 6 minutes away. Proximity to Mopac Expressway and Interstate 35 provides effortless mobility to downtown Austin and the airport.
The multi-level floor plan features a guest-preferred layout with dual primary suites containing private attached bathrooms and spacious walk-in closets, the requested setup for traveling colleagues or roommates. The open kitchen features modern stainless-steel appliances and beautiful cabinetry. Low HOA fees at just $115 per month maximize Net Operating Income (NOI) and protect short-term margins. With contemporary updates, durable flooring, and dedicated private parking, this property requires zero upfront capex and is instantly ready to style, list, and generate revenue on day one. Schedule your investor walkthrough now.
At $328/sqft, this home is 16% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
Property Details
School District
Austin ISD
Pillow · Burnet (Austin ISD) · Anderson
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