Austin’s short-term rental (STR) market has matured into one of the most profitable urban hospitality ecosystems in the U.S. According to AirDNA’s 2025 forecast, Austin STRs average 81% occupancy and ADR of $340, with revenue growth exceeding 12% year-over-year. Within that landscape, South Congress (78704)—the cultural and commercial heartbeat of the city—consistently outperforms, with average nightly rates 25–30% higher than citywide averages and demand that routinely exceeds licensed inventory.

JHNA, located at 107 West Johanna Street, is a boutique, purpose-built STR portfolio designed to capitalize on that imbalance. Priced at $4.95M, the property includes three 1,800 SF luxury residences, each fully independent, uniquely designed, and optimized for premium nightly rates. Modeled at $478,650 in annual gross revenue and $316,805 in NOI, JHNA achieves a 6.4% stabilized cap rate, outperforming South Congress STR averages by more than 20%.

Beyond income, JHNA delivers scarcity. Austin’s Type 2 STR license restrictions have sharply reduced available non-owner-occupied properties, while Visit Austin projects 37 million+ annual visitors by 2026, driven by destination events such as SXSW, ACL, and Formula 1. With construction completing in November 2025, JHNA is positioned to go live into a supply-constrained, demand-surging market.

Developed by LIQUID, Austin’s Opportunity Zone real estate specialists, alongside 360 Construction and Barron Custom Design, JHNA combines top-tier execution with design, yield, and compliance precision. LIQUID’s portfolio spans $60M+ in central Texas infill developments, with a focus on producing high-return, regulation-compliant STR and mixed-use assets in Austin’s most investable submarkets.

JHNA isn’t a typical STR flip — it’s a future-proof income portfolio designed for yield, appreciation, and scalability.

Project Overview

Address: 107 West Johanna Street, Austin TX 78704

Asset Type: Boutique 3-Unit STR Portfolio

Price: $4.95 Million

Cap Rate: 6.40% (Stabilized 2026)

Completion: November 2025

Total Area: ~5,400 SF (3 units × 1,800 SF)

Configuration: 3 Bed / 3.5 Bath per unit