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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
$399,000
2 Beds ⋅ 1 Baths ⋅ 9268803 MLS ⋅ 78702 Zip Code
Discover the possibilities in one of East Austin's most exciting and rapidly evolving neighborhoods with this exceptional redevelopment and investment opportunity at 2909 E 5th Street. Situated on an oversized SF-3-NP zoned lot, this property offers the flexibility to renovate the existing home, build multiple units, or create your next standout project in one of the city's hottest urban corridors. The home is currently leased on a month-to-month basis, providing immediate rental income while you bring your vision to life. Looking for an even bigger opportunity? The neighboring property at 2907 E 5th Street is also available, creating the rare chance to assemble two side-by-side lots in a location where demand continues to grow. Enjoy everything that makes East Austin so desirable, with Plaza Saltillo, Lady Bird Lake, Metz Park, Joe's Bakery, neighborhood cafés, local breweries, live music, acclaimed restaurants, boutiques, and downtown Austin just minutes away. Whether you're an investor, builder, or developer, opportunities like this don't come around often, offering exceptional redevelopment potential in one of Austin's most vibrant neighborhoods.

2909 E 5th St, Austin