1503 E 2nd Street
Austin, TX 78702
759 sqft | 2 beds | 1 bath | 0.14 acres | #2329385
Description
Prime Development Opportunity/Liveable existing house! Located in the super hip Near East Austin (2nd/Comal), this 6200+ square foot lot presents an incredible opportunity for homeowners, investors, and developers alike. The existing 759sqft 2/1 and is fully livable as-is, making it a great option for immediate occupancy or rental income. With just a bit of a makeover, it could shine on this spacious lot. The property’s alley access and favorable zoning make it ideal for A/B unit development. Live in the front house while building a new B unit in the back to maximize the property’s value. Alternatively, the lot’s size and location allow for creative redevelopment opportunities to take full advantage of the space and even more potential lies in the City of Austin HOME Initiative, which offers expanded opportunities for density or innovative housing solutions. This property’s unbeatable location near East Austin puts you just a quick walk to downtown, local restaurants/bars/clubs/coffee shops, parks/Town Lake, and all the vibrant culture this area is known for.
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- InteriorMainLevelPrimary, No Interior Steps
- Lot DescriptionAlley, Back Yard, Front Yard, Level
- Property SubtypeSingleFamilyResidence
- FoundationPillar Post Pier
- Sewer InformationPublic Sewer
- SubdivisionDivision O
- School DistrictAustin ISD
- Property TypePurchase
- Original List Price$675,000
- Elementary SchoolSanchez
- MLS #2329385
- MLS #2329385
- Acres0.1426
- Utility SourcePublic
- Middle SchoolMartin
- High SchoolAustin
- CountyTravis
- Taxes Annual$6,796
- Cost675000
- Property ConditionResale
- ViewCity
- Year Built1935
- Square Feet759
- Bedrooms2
- Bathrooms1
- Full Baths1
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-02-01 10:00:45 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Pippa Lambert (#553295), Phone: (512) 759-0889
Listing Office: Spyglass Realty (#5220)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.