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3116 Prado St #1 & #2Off MarketTurnkey Airbnb

3116 Prado St #1 & #2

Austin, TX 78702 · Travis County

Price on request
3bd · 2ba · 1,833 sqft

An off-market duplex on a single Travis County parcel in Austin's 78702 corridor. Unit 1 is a turnkey Airbnb — a renovated 1982 cottage (904 sqft main area) with a covered deck. Unit 2 is new construction — a 2025-built two-story accessory dwelling unit (929 sqft main area, 2 bed / 2 bath) with an attached garage and covered porches on both levels. Full photos and details available via the shared OneHome listing link.

Tax play notes

Travis CAD's 2026 assessment breaks the two structures out separately: Unit 1 (the 1982 cottage) is valued at $193,688, and Unit 2 (the 2025 ADU) at $181,352, against total land of $289,959 (total assessed $664,999 — a 56% improvement ratio). The brand-new 2025 ADU is a strong bonus depreciation/cost segregation candidate, layered onto an already cash-flowing turnkey Airbnb unit.

Projected annual revenue
Avg nightly rate
Avg occupancy
Gross yield

No STR revenue data available for this property yet.

Assessed value — land vs. improvement (2026)

Land
Improvement
Land value
$289,959
Improvement value
$375,040
Total assessed
$664,999
Source: county appraisal district record ↗

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Added Aug 11, 2026