$600,000
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1503 E 2nd ST Austin, TX 78702
2 Beds
1 Bath
759 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 759 sqft
Price per Sqft $856
Subdivision Division O
MLS Listing ID 2329385
Sold Date 04/01/25
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1935
Annual Tax Amount $6,796
Tax Year 2024
Lot Size 6,211 Sqft
Acres 0.1426
Property Sub-Type Single Family Residence
Source actris
Property 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.
Location
State TX
County Travis
Area 5
Rooms
Main Level Bedrooms 2
Interior
Interior Features No Interior Steps, Primary Bedroom on Main
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace Y
Appliance Gas Range
Exterior
Exterior Feature See Remarks
Fence Chain Link, Partial
Pool None
Community Features See Remarks
Utilities Available Natural Gas Available
Waterfront Description None
View City
Roof Type Shingle
Accessibility None
Porch See Remarks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Alley, Back Yard, Curbs, Front Yard, Level
Faces North
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Schools
Elementary Schools Sanchez
Middle Schools Martin
High Schools Austin
School District Austin Isd
Others
Restrictions Zoning
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 1.9818
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Compass RE Texas, LLC