Off Market3414 Pennsylvania Ave
Austin, TX 78721 · Travis County
Built by Juneberry Homes, this new-construction STR sits on a quiet double cul-de-sac in one of East Austin's most exciting pockets — a gourmet kitchen, flexible living spaces, an entertainer's backyard with a large in-ground pool, outdoor kitchen, and garage, with downtown views. A previous STR-investor client was under contract and had to terminate for reasons unrelated to the property — all due diligence is already complete (appraisal, home inspection, pool inspection, plumbing scope) and repairs have already been negotiated with the sellers (new roof, deck staining, cabinet door). Currently tenant-occupied; lease requires 60 days' notice to terminate, though the tenant has indicated openness to an earlier move-out. Listed as 5 bedrooms for Airbnb/STR marketing purposes (sleeping capacity) — note that the Travis County tax record and Certificate of Occupancy recognize only 4 bedrooms, as the 5th was enclosed prior to CO issuance but was never permitted.
Tax play notes
New construction (2022) carries a high improvement-to-land ratio (68% improvement per Travis CAD) — favorable for cost segregation and bonus depreciation. Extensive due diligence is already complete, which shortens the closing timeline and reduces diligence cost for a buyer.
Estimated $230K–$250K/year per a previous buyer's AirDNA Rentalizer report (see Airbnb comps).
Assessed value — land vs. improvement (2026)
Documents
Airbnb comps
Video walkthroughs
Added Aug 10, 2026