STR Allowed- Investor Friendly!! No STR License needed. Introducing Unit #205 at Holly House — a rare opportunity to own a fully furnished residence in Austin’s vibrant Holly neighborhood with exceptional flexibility. Located just blocks from Rainey Street and minutes to Downtown and South Congress, this boutique 30-unit condotel community offers the perfect blend of walkability and neighborhood charm. Zoned HM (Hotel-Motel), the property allows for short-term rental use without the need for a separate STR permit, providing true investment optionality with less regulatory uncertainty. While technically a studio, the layout lives much larger. The queen bed is thoughtfully positioned in a lofted sleeping area that feels private and separate from the main living space. An adjacent second loft offers the potential to create a second queen sleeping area — ideal for accommodating additional guests or families wanting to enjoy the city with the conveniences of a kitchen and added privacy. Unit #205 also offers the ease of turnkey ownership, conveying fully furnished and ready for immediate use as a short-term rental, lock-and-leave pied-à-terre, or both. Whether you’re seeking immediate income potential or a stylish Austin retreat near Rainey Street and Downtown, this residence delivers flexibility, convenience, and strong investment appeal in one of the city’s most dynamic locations. Additionally, the seller is offering Unit #201 for sale and is willing to sell both units together, presenting a unique opportunity for investors looking to acquire multiple assets within the same building. Check with Listing Agent for financing options.