1302 1/2 WALNUT Ave E # 2, Austin TX 78702

$ 224,990
1302 1/2 WALNUT Ave E # 2, Austin TX 78702,

Overview

  • Property ID
  • 2875862
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,161 ft2
  • 0 ac

Description

Offer Received! Please Submit Your Higest and Best ASAP! Bring your imagination and investment vision to this exceptional opportunity in the heart of Austin’s thriving 78702 corridor. Filled with endless possibilities for investors, builders, developers, and buyers ready to reimagine a space in one of Austin’s fastest growing and most desirable neighborhoods. Ideally located near the University of Texas, Downtown Austin, Lady Bird Lake, major highways, entertainment, shopping, restaurants, nightlife, coffee shops, and major employers, this property places you in the center of Austin’s continued growth and energy. Whether you are searching for your next flip and rehab project, a long-term rental investment, redevelopment opportunity, or tear-down site for new construction, this property offers incredible upside in a highly sought-after location surrounded by modern homes and ongoing development. The property features rear access road entry for added privacy and convenience, along with a gravel driveway, large mature trees, smaller trees, covered porch, siding exterior, entry steps, pier and beam foundation, and two front entry doors. Inside, you will find a blend of wood and tile flooring throughout various areas of the home. The living room features wood floors and a ceiling fan. Bedroom one includes tile flooring, a ceiling fan, and window A/C unit. Bedroom two offers tile floors and two ceiling fans. The primary bathroom includes tile flooring, pedestal sink, and walk-in shower. The primary bedroom features a walk-in closet and additional storage closet space. The breakfast area offers wood flooring, while the kitchen includes tile floors, gas range, and Formica countertops. The laundry room features tile flooring. Bedroom three includes tile flooring, ceiling fan, window A/C unit, and exterior exit door. No gutters or window screens are currently installed. Bring your creativity and vision to unlock the full value of this prime East Austin opportunity today.

Other Features
Ceiling Fan(s)
Electric Dryer Hookup
Electrical Utility Available
Exterior Steps
Free-Standing Range
Gas Range
Laminate Counters
No Interior Steps
Primary Bedroom on Main
Range
Washer Hookup
Property Id : 2875862
Price: $ 224,990
Property Size: 1,161 ft2
Property Lot Size: 0 ac
Bedrooms: 3
Bathrooms: 1
Syndication Remarks: Offer Received! Please Submit Your Higest and Best ASAP! Bring your imagination and investment vision to this exceptional opportunity in the heart of Austin’s thriving 78702 corridor. Filled with endless possibilities for investors, builders, developers, and buyers ready to reimagine a space in one of Austin’s fastest growing and most desirable neighborhoods. Ideally located near the University of Texas, Downtown Austin, Lady Bird Lake, major highways, entertainment, shopping, restaurants, nightlife, coffee shops, and major employers, this property places you in the center of Austin’s continued growth and energy. Whether you are searching for your next flip and rehab project, a long-term rental investment, redevelopment opportunity, or tear-down site for new construction, this property offers incredible upside in a highly sought-after location surrounded by modern homes and ongoing development. The property features rear access road entry for added privacy and convenience, along with a gravel driveway, large mature trees, smaller trees, covered porch, siding exterior, entry steps, pier and beam foundation, and two front entry doors. Inside, you will find a blend of wood and tile flooring throughout various areas of the home. The living room features wood floors and a ceiling fan. Bedroom one includes tile flooring, a ceiling fan, and window A/C unit. Bedroom two offers tile floors and two ceiling fans. The primary bathroom includes tile flooring, pedestal sink, and walk-in shower. The primary bedroom features a walk-in closet and additional storage closet space. The breakfast area offers wood flooring, while the kitchen includes tile floors, gas range, and Formica countertops. The laundry room features tile flooring. Bedroom three includes tile flooring, ceiling fan, window A/C unit, and exterior exit door. No gutters or window screens are currently installed. Bring your creativity and vision to unlock the full value of this prime East Austin opportunity today.
Parking Features: Common, Driveway, Gravel, Kitchen Level, Off Street, Open, Outside, Unassigned
Lot Size(acres): 0.0694
Lot Size(sf): 3023.06
Country: US
Last Listing Change: 2026-06-12T02:19:08.213Z
Property Key: 48453|200425|1|75197117
Status Contractual Search Date: 2026-05-16
Listing Key Numeric: 230391335
Est. Taxes: 9788
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 34
Last Price Change: May 29, 2026 at 02:40pm
State: TX
Last Status Change: May 17, 2026 at 02:47am
Street Dir Suffix: E
Street Name: WALNUT
Laundry Location: In Unit, Inside, Laundry Room, Main Level
Street# Ext.: 1302 1/2
Street#: 1302
Street Suffix: Ave
#Dining: 1
#Living: 1
#Other Level Beds: 0
Property Match: APN
$/SF: 193.79
Unit Style: 1st Floor Entry, Entry Steps, Single level Floor Plan
Accessibility Features: None
Full Baths: 1
Half Baths: 0
Total Baths: 1
Community Features: Curbs
Construction Materials: Wood Siding
Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
Covered Spaces: 0
Faces: East
Directions: 1302 1/2 WALNUT AVE AUSTIN TX 78702
Elem School: Campbell
Elem School District: Austin ISD
Fencing: Fenced, Partial, Perimeter, Privacy, Wood
#Fireplaces: 0
Flooring: No Carpet, Tile, Wood
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Hot Water
High School: McCallum
High School District: Austin ISD
Levels: One
Listing ID: 5991485
Listing Terms: Cash
SF Source: Public Records
Lot Features: City Lot, Curbs, Level, Public Maintained Road, Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse
MLS Area Major: 5
Main Level Beds: 3
Middle School: Kealing
Middle School District: Austin ISD
Status: Active
Other Structures: None
Parcel#: 200425
Patio And Porch Features: Front Porch, Porch
Pool Features: None
Possession: Close Of Escrow, Funding, Immediate, Negotiable
Property Condition: Resale
Roof: Composition, Shingle
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Unit#: 2
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View: None
Water Source: Public
Waterfront Features: None
Window Features: None
Year Built: 1944
$ 1,540.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,137.67
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA