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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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2907 E 5th St , Austin, TX 78702
$399,000
Est. Payment: $2,003.73/mo
2 Bed
1 Bath
652 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Mary Fealkoff , (805) 630-3323 Berkshire Hathaway TX Realty , (512) 483-6000. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.16

Year Built

1920

County

Travis

Area

5

Neighborhood

Hartwell Add

School District

Austin ISD

Listing ID

2450160

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:See Remarks
Floor:Wood
Other:See Remarks
Other:Public

Exterior Features

Lot:Back Yard,Flag Lot,Front Yard,Interior Lot,Private,Few Trees,Trees Medium Size
Roof:Metal
Others:Private Yard,See Remarks
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$2,004
Taxes
$657

Home Price

$399,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,003.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,003.73 $656.96 $0.00 $2,660.69
Yearly $24,044.72 $7,883.54 $0.00 $31,928.26
Total $721,341.45 $236,506.20 $0.00 $957,847.65

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-17T15:20:32.000Z

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