Status: Closed
1503 E 2nd St
Austin, TX 78702
Last List Price
$600,000
Sold on Apr 1, 2025
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.
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- Bedrooms
- 2
- Baths
- 1
- House Size
- 759 sqft
- Year Built
- 1935
- Lot Size
- 0.14 ac
- School District
- Austin ISD
Location
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Interior Information
- appliances
- Gas Range
- cooling
- Central Air
- features
- Master Downstairs
- flooring
- Laminate
- heating
- Central
- laundry features
- In Hall
- view
- City
Exterior Information
- fence
- Chain Link
- Partial
- patio and porch
- See Remarks
- pool
- None
- roof
- Shingle
Property Information
- construction
- Frame
- foundation
- Pillar/post/pier
- lot
- Back Yard
- Front Yard
- Level
- other structures
- See Remarks
- parking
- Alley Access
- sewer
- Public Sewer
- subdivision name
- Division O
- utilities
- Natural Gas Available
- water source
- Public
- Listed By Pippa Lambert
- (512) 759-0889
- Spyglass Realty
- (512) 759-0889
- ryan@spyglassrealty.com
- MLS 2329385
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $1,143 (+5%) | $450,000 | $159,738 | $609,738 (-4.5%) |
| 2023 | $1,089 (0%) | $450,000 | $188,559 | $638,559 (-8.1%) |
| 2022 | $1,089 (+1%) | $450,000 | $245,123 | $695,123 (+40.5%) |
| 2021 | $1,078 | $350,000 | $144,711 | $494,711 |
Tax data provied by Attom
