1503 E 2nd Street, Austin

$675,000

2 Beds
1 Bath
759 Sqft
.14 Acre
0 Garage

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.

Essential Information
MLS® #2329385
Price$675,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage759
Acres0.14
Year Built1935
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address1503 E 2nd Street
Area5
SubdivisionDivision O
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
FeaturesSee Remarks, Curbs
ParkingAlley Access
ViewCity
WaterfrontNone
Utilities

Electricity Available, Natural Gas Available

Interior
InteriorLaminate
AppliancesGas Range
HeatingCentral
# of Stories1
StoriesOne
Exterior
Exterior FeaturesSee Remarks
RoofShingle
ConstructionFrame
FoundationPillar/Post/Pier
Lot Description

Alley, Back Yard, Front Yard, Level

School Information
DistrictAustin ISD
ElementarySanchez
MiddleMartin
HighAustin
Additional Information
Date ListedJanuary 31st, 2025
Days on Market12
Listing Details
Office Contact(512) 759-0889
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 12th, 2025 at 2:00am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.