2907 E 5th St

Austin, TX 78702

About this property

Unlock the potential of one of East Austin's most exciting redevelopment opportunities. Situated on an oversized SF-3-NP zoned lot at 2907 E 5th Street, this property offers incredible flexibility to renovate the existing home, build multiple units, or capitalize on the area's continued growth with a new development project. The home is currently leased on a month-to-month basis, providing immediate rental income while you plan your next move. An even rarer opportunity awaits with the adjacent property at 2909 E 5th Street, also available for purchase, creating the potential to assemble two side-by-side lots in one of Austin's most desirable urban neighborhoods. Enjoy an unbeatable location just minutes from downtown Austin, Plaza Saltillo, Lady Bird Lake, Metz Park, popular restaurants, neighborhood cafes, breweries, shopping, entertainment, public transit, and major employers. Whether you're an investor, builder, or developer, opportunities like this are becoming increasingly difficult to find, making this a rare chance to secure a prime piece of East Austin with exceptional redevelopment potential and long-term upside.

About this property

Unlock the potential of one of East Austin's most exciting redevelopment opportunities. Situated on an oversized SF-3-NP zoned lot at 2907 E 5th Street, this property offers incredible flexibility to renovate the existing home, build multiple units, or capitalize on the area's continued growth with a new development project. The home is currently leased on a month-to-month basis, providing immediate rental income while you plan your next move. An even rarer opportunity awaits with the adjacent property at 2909 E 5th Street, also available for purchase, creating the potential to assemble two side-by-side lots in one of Austin's most desirable urban neighborhoods. Enjoy an unbeatable location just minutes from downtown Austin, Plaza Saltillo, Lady Bird Lake, Metz Park, popular restaurants, neighborhood cafes, breweries, shopping, entertainment, public transit, and major employers. Whether you're an investor, builder, or developer, opportunities like this are becoming increasingly difficult to find, making this a rare chance to secure a prime piece of East Austin with exceptional redevelopment potential and long-term upside.

Features and Additional Information

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$399,000 Active
2 Bed(s)
1
Bath
652 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Berkshire Hathaway TX Realty
1-512-483-6000
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Area Information

5 | Travis County | Hartwell Add

$ 399,000
This listing is play_arrow 0.0% lower than the average in the area
$ 399,000 in the area
652 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
652 SqFt in the area
$ 612 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 612 $/SqFt in the area
56 days on site
This listing is play_arrow 0.0% below the average in the area
56 days on site in the area

Schools in the Area

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    Elementary School
    Brooke
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    Middle School
    Martin
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    High School
    Eastside Early College

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Listed By Mary Fealkoff
Brokerage: Berkshire Hathaway TX Realty

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