Active

1503 E 2nd ST

Austin TX, 78702

$675,000


$889.33 per sqft

Active

2 Beds

1 Bath

759 sqft

Residential

Built in 1935

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.

2329385

MLS ID

January 31, 2025

Listed

February 4, 2025

Updated

Map

1503 E 2nd ST
Austin TX, 78702

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Full Bathrooms

1


Interior Features

No Interior Steps, Primary Bedroom on Main


Appliances

Gas Range


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

See Remarks


Lot Features

Alley Access, Back Yard, Curbs, Front Yard, Level


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Sanchez

Other Property Details

Area Name

5


Taxes

$6,796


Tax Frequency

Annually


Garage

No


Parking

Alley Access


View

Yes


View Description

City


County

Travis


Water Source

Public


Pool

No


Pool Features

None

Courtesy of Spyglass Realty

Listing Contact: (512) 759-0889

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Darsh Parikh shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2025 (date and time MLS GRID Data was obtained). 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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Database last updated 11:03 PM UTC, 2/4/2025

 

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