2907 E 5th ST, Austin, TX — photo 1
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$399,000
2 beds1 baths652 sqft

2907 E 5th ST, Austin TX 78702

MLS #244431228 · Berkshire Hathaway TX Realty · Mary Fealkoff

Residential
Built in 1920
0.16 Acres Lot
$612/sqft

About this home

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.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1920
Full baths
1
Lot size
0.1558
Subdivision
Hartwell Add
MLS area
5
MLS #
244431228

Features

Interior features

  • See Remarks

Exterior features

  • See Remarks
  • Private Yard

Additional details

Parking
Driveway
Garage spaces
0
Roof
Metal
Foundation
Pillar/Post/Pier, Raised
Annual tax
$7,883

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Brooke
Middle
Martin
High
Eastside Early College

See Austin ISD schools & boundaries →

Comparable homes near 2907 E 5th ST

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
2.2 mi
Austin-Bergstrom Airport
4.8 mi

Straight-line distance, not drive time.

Market insights

Compared with 384 active homes in ZIP 78702 · HomeLocating listings

Area median price
$667,450
This home vs. median
40% below
Homes with a price cut
38%

At $399,000, this home is priced 40% below the $667,450 median across 384 active homes in ZIP 78702.

Estimated monthly payment

$2,841/mo
Principal & interest$2,018/mo
Property taxes
Home insurance (est.)

Home price

$399,000

Down payment

20% ($79,800)

Loan details

30-yr fixed, 6.50%

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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.

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Listing courtesy of Berkshire Hathaway TX Realty · Mary Fealkoff

Listing data last updated Oct 2, 2026, 11:46 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.

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