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Jeannette Spinelli

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

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1302 1/2 Walnut Ave E 2 , Austin, TX 78702
$224,990
Est. Payment: $1,129.87/mo
3 Bed
1 Bath
1161 Sqft
Status: active with contingency | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder

House 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.

Highlights

Listed by Cederick Harris , (512) 436-4979 and Michelle Harris , (512) 915-4188 Spyglass Realty , (512) 759-0889. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.07

Year Built

1944

County

Travis

Area

5

Neighborhood

Olt 32&33 Div B Glenwood Addn

School District

Austin ISD

Listing ID

5991485

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Free-Standing Range, Gas Range, Range
Floor:Carpet Free,Tile,Wood
Other:Ceiling Fan(s),Laminate Counters,Main Level Primary,No Interior Steps
Other:Public

Exterior Features

Lot:City Lot,Level,Moderate Trees,Many Trees,Few Trees,Trees Medium Size,Trees Small Size
Roof:Composition,Shingle
Others:Exterior Steps,Resale
Sewer:Public Sewer
Parking Features:Common,Driveway,Gravel,Kitchen Level,Open,Off Street,Outside,Unassigned
Principal Interest
$1,130
Taxes
$143

Home Price

$224,990

Loan Details

30 yrs
6.434%

Down Payment

20%
$44,998
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:
$1,129.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,129.87 $143.43 $0.00 $1,273.30
Yearly $13,558.45 $1,721.17 $0.00 $15,279.62
Total $406,753.42 $51,635.21 $0.00 $458,388.62

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

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Data last updated: 2026-07-17T19:21:25.000Z

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