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  5. 1303 Walnut Ave, Austin TX 78702

1303 Walnut Ave, Austin TX 78702

$ 500,000
1303 Walnut Ave, Austin TX 78702,
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Overview

  • Property ID
  • 2714972
  • 2 Bedrooms
  • 1 Bathrooms
  • 734 ft2
  • 0 ac

Description

Charming 1950s Bungalow with Endless Potential – Prime Austin Location! Discover this delightful home nestled on a spacious 6,000 sq ft lot (not shared) in the heart of vibrant East Austin. Surrounded by three brand-new modern homes, this property is a rare gem with incredible investment potential. **Key Features: Original Hardwood Floors, Baseboards and Interior Doors, Penny Kitchen Floor, Timeless character throughout. **Recent Updates: New roof, gas stove, and fresh paint. **Prime Lot: Large, private 6,000 sq ft lot offers room to expand or build. **Development Potential: Live in the existing home and construct an additional dwelling unit (ADU) in the back. A multi-story rebuild/addition on street side could unlock stunning downtown views! (buyer to verify). **Unbeatable Location: Near restaurants, bars, MLK Train Station, UT Austin, Boggy Creek, and scenic trails. Whether you’re an investor, developer, or future homeowner looking for a cozy residence with room to grow, this property offers endless possibilities. Don’t miss this chance to own a piece of Austin’s real estate market! **Schedule a Showing Today!**

Features

Other Features
Electrical Utility Available
Exterior Steps
Gas Range
Gutters Partial
No Interior Steps
Private Yard
Refrigerator
See Remarks
Storage

Details

Property Id : 2714972
Price: $ 500,000
Property Size: 734 ft2
Property Lot Size: 0 ac
Bedrooms: 2
Bathrooms: 1
Parking Features: Driveway
Lot Size(acres): 0.1378
Lot Size(sf): 6002.57
Country: US
Last Listing Change: 2026-02-17T22:59:43.793Z
Property Key: 48453|200489|1|37113380
Status Contractual Search Date: 2026-02-12
Listing Key Numeric: 216830355
Est. Taxes: 7341.82
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 12
State: TX
Last Status Change: February 17, 2026 at 10:34pm
Street Name: Walnut
Laundry Location: Lower Level
Street# Ext.: 1303
Street#: 1303
Street Suffix: Ave
#Dining: 1
#Living: 1
Option Period End Date: 2026-02-19T06:00:00.000Z
Property Match: APN
$/SF: 681.2
Tax Filled SF Total: 734
Tentative Close Date: 2026-03-03T06:00:00.000Z
Accessibility Features: None
Full Baths: 1
Half Baths: 0
Total Baths: 1
Construction Materials: Frame, Wood Siding
Cooling: Wall/Window Unit(s)
Covered Spaces: 0
Faces: West
Directions: FROM I-35 HEAD EAST ON MARTIN LUTHER KING, TURN RIGHT ON WALNUT AVENUE. DRIVE ABOUT 0.5 MILES, HOUSE ON THE LEFT.
Elem School: Campbell
Elem School District: Austin ISD
Fencing: Back Yard, Full, Wood
#Fireplaces: 0
Flooring: Stone, Wood
Foundation Details: Pillar/Post/Pier
Garage Spaces: 0
Heating: Wall Furnace
High School: McCallum
High School District: Austin ISD
Levels: One
Listing ID: 2527943
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: Back Yard, Native Plants, Private, Trees-Medium (20 Ft - 40 Ft)
MLS Area Major: 5
Main Level Beds: 2
Middle School: Kealing
Middle School District: Austin ISD
Status: Active Under Contract
Off Mkt Date: 2026-02-12
Other Structures: None
Parcel#: 02101201150000
Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch
Pool Features: None
Possession: Close Of Escrow, Funding
Property Condition: Resale
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 7341.46
Utilities: Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
View: See Remarks, Neighborhood
Water Source: Public
Waterfront Features: None
Window Features: Drapes, Vinyl Windows
Year Built: 1951

Calculator

$ 3,424.11
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,528.27

Schedule Tour

Wed 25 Feb
Thu 26 Feb
Fri 27 Feb
Sat 28 Feb
Sun 01 Mar
Mon 02 Mar
Tue 03 Mar
Wed 04 Mar
Thu 05 Mar
Fri 06 Mar
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Schedule Tour

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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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1303 Walnut Ave, Austin TX 78702

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Gerald Bodle, MBA