This home is no longer an active listing on the MLS. It may have sold, been withdrawn, or had its listing expire — we don’t have confirmed sold data, so we won’t guess. The price below is the last listed price, kept for reference only.
1105 E 3rd ST, Austin TX 78702
MLS #244909481 · City View Realty · Brandy Wuensch
About this home
Exceptional redevelopment opportunity in the heart of downtown Austin, where location, flexibility, and future potential come together. With Austin's HOME Phase 1 and Phase 2 ordinances now in effect, this property presents an outstanding opportunity for investors, builders, and developers seeking to maximize one of the city's most desirable urban locations.Situated on a single parcel, the property currently features two residences: a front home of approximately 1,617 sqft and a detached 300 sqft efficiency apartment. Both units are vacant, providing buyers with the rare advantage of immediate possession whether the plan is to renovate, lease, occupy, or begin redevelopment without the delays and complications of existing tenants. The fully fenced property offers gated access from both the front and rear, creating secure on site parking and convenient access for future redevelopment. The current owner has commissioned architectural plans envisioning a potential 3 unit redevelopment or alternatively, plans to renovate, expand vertically, or reimagine the current improvements to suit a variety of investment strategies. With both dwellings vacant, investors also have the flexibility to complete updates and immediately establish market rate rental income. Buyers are encouraged to conduct their own due diligence regarding development potential, permitting, and applicable city regulations. Located just minutes from Rainey Street, Lady Bird Lake, downtown Austin, acclaimed restaurants, entertainment, shopping, and major employers, this property offers the rare combination of redevelopment flexibility, immediate usability, and long term appreciation potential in one of Austin's most sought-after neighborhoods. Whether you're looking to renovate, redevelop, or build from the ground up, this is a rare chance to capitalize on location, density potential, and long-term upside in one of Austin's most desirable urban cores.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1952
- Full baths
- 3
- Lot size
- 0.134
- Subdivision
- Shelley N G
- MLS area
- 5
- MLS #
- 244909481
Features
Interior features
- Ceiling Fan(s)
- Tile Counters
- Electric Dryer Hookup
- Kitchen Island
- Primary Bedroom on Main
- Recessed Lighting
- Stackable W/D Connections
- Washer Hookup
Exterior features
- None
Additional details
- Parking
- Alley Access, Carport, Off Street
- Garage spaces
- 0
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Annual tax
- $15,419
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Barton Hills
- Middle
- Lively
- High
- Travis
Market insights
Compared with 386 active homes in ZIP 78702 · HomeLocating listings
At $899,000, this home is priced 35% above the $665,000 median across 386 active homes in ZIP 78702.
Estimated monthly payment
Home price
$899,000
Down payment
20% ($179,800)
Loan details
30-yr fixed, 6.50%
Free & no obligation — we'll connect you with a trusted lender.
Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
Interested in this home?
Ask a question or schedule a tour — we’ll follow up within 24 hours.
Listing courtesy of City View Realty · Brandy Wuensch
Listing data last updated Aug 26, 2026, 5:46 PM
Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.