2909 E 5th St

Austin, TX 78702

About this property

Discover the possibilities in one of East Austin's most exciting and rapidly evolving neighborhoods with this exceptional redevelopment and investment opportunity at 2909 E 5th Street. Situated on an oversized SF-3-NP zoned lot, this property offers the flexibility to renovate the existing home, build multiple units, or create your next standout project in one of the city's hottest urban corridors. The home is currently leased on a month-to-month basis, providing immediate rental income while you bring your vision to life. Looking for an even bigger opportunity? The neighboring property at 2907 E 5th Street is also available, creating the rare chance to assemble two side-by-side lots in a location where demand continues to grow. Enjoy everything that makes East Austin so desirable, with Plaza Saltillo, Lady Bird Lake, Metz Park, Joe's Bakery, neighborhood cafés, local breweries, live music, acclaimed restaurants, boutiques, and downtown Austin just minutes away. Whether you're an investor, builder, or developer, opportunities like this don't come around often, offering exceptional redevelopment potential in one of Austin's most vibrant neighborhoods.

About this property

Discover the possibilities in one of East Austin's most exciting and rapidly evolving neighborhoods with this exceptional redevelopment and investment opportunity at 2909 E 5th Street. Situated on an oversized SF-3-NP zoned lot, this property offers the flexibility to renovate the existing home, build multiple units, or create your next standout project in one of the city's hottest urban corridors. The home is currently leased on a month-to-month basis, providing immediate rental income while you bring your vision to life. Looking for an even bigger opportunity? The neighboring property at 2907 E 5th Street is also available, creating the rare chance to assemble two side-by-side lots in a location where demand continues to grow. Enjoy everything that makes East Austin so desirable, with Plaza Saltillo, Lady Bird Lake, Metz Park, Joe's Bakery, neighborhood cafés, local breweries, live music, acclaimed restaurants, boutiques, and downtown Austin just minutes away. Whether you're an investor, builder, or developer, opportunities like this don't come around often, offering exceptional redevelopment potential in one of Austin's most vibrant neighborhoods.

Features and Additional Information

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$399,000 Active
2 Bed(s)
1
Bath
884 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
884 SqFt
This listing is play_arrow 35.6% larger than the average in the area
652 SqFt in the area
$ 451 $/SqFt
This listing is play_arrow 26.2% less than the average in the area
$ 612 $/SqFt in the area
55 days on site
This listing is play_arrow 0.0% below the average in the area
55 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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