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$399,000
2 Beds 1 Baths 2450160 MLS 78702 Zip Code
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.

2907 E 5th St, Austin

$895,000
3 Beds 3 Baths 7400302 MLS 78702 Zip Code
Located in the heart of East Austin, this privately gated residence offers modern living just moments from the coffee shops, restaurants, and entertainment along Springdale Road. Featuring 3 bedrooms and 2.5 bathrooms, the home is designed for both everyday comfort and effortless entertaining, with thoughtfully curated spaces and a functional layout throughout. The open-concept main living area flows seamlessly into the kitchen, where stainless steel appliances, ample cabinetry, and generous counter space create an inviting setting for gathering with family and friends. Upstairs, the spacious primary suite serves as a private retreat, complete with an expansive deck and a well-appointed bathroom featuring a soaking tub, dual vanities, a large glass-enclosed shower, and a walk-in closet. Two additional bedrooms and a full bathroom complete the second floor. Outdoor living is equally appealing with a covered back porch and low-maintenance landscaping that allows for easy enjoyment year-round. An attached one-car garage, currently utilized as an air-conditioned media room and office, offers valuable versatility. Combining modern amenities, flexible living spaces, and a sought-after East Austin location, this home delivers exceptional convenience and style. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

3129 Govalle Ave, Austin