2503 Lehigh Dr DR Austin, TX 78723 Price Dropped by $20K

UPDATED: 02/25/2026 03:12 PM ON MARKET: 56 days on market

$879,000

5 Beds4 Baths2,696 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $326

Subdivision University Hills Sec 02 Ph 05

MLS Listing ID 6824915

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 2005

Annual Tax Amount $11,202

Tax Year 2025

Lot Size 0.401 Acres

Acres 0.4013

Property Sub-Type Single Family Residence

Source actris

Property 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.