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Active under contract
  • Price cut: $20K (5/29)
    $224,990

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

    3beds
    1,161sqft
    : 
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    Single Family Residence
    Built in 1944
    3,023 Square Feet Lot
    $-- Zestimate®
    $194/sqft
    $-- HOA

    What's special

    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.
    48 days
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    53
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cederick Harris (512) 436-4979,

    Spyglass Realty (512) 759-0889,

    Michelle Harris (512) 915-4188,

    Spyglass Realty

    Source: Unlock MLS,MLS#: 5991485MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Primary bathroom
      • Level: Main
      Family room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Heating
      • Hot Water
      Cooling
      • Ceiling Fan(s), Electric, Wall/Window Unit(s)
      Appliances
      • Included: Gas Range, Range, Free-Standing Range
      Features
      • Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, No Interior Steps, Primary Bedroom on Main, Washer Hookup
      • Flooring: No Carpet, Tile, Wood
      • Windows: None
      Interior area
      • Total interior livable area: 1,161 sqft

      Property

      Parking
      • Parking features: Common, Driveway, Gravel, Kitchen Level, Off Street, Open, Outside, Unassigned
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Porch
      • Exterior features: Exterior Steps
      • Pool features: None
      • Spa features: None
      • Fencing: Fenced, Partial, Perimeter, Privacy, Wood
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 3,023 Square Feet
      • 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
      Details
      • Additional structures: None
      • Parcel number: 200425
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Pillar/Post/Pier
      • Roof: Composition, Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1944

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

      Community & HOA

      Community
      • Features: Curbs
      • Subdivision: OLT 32&33 DIV B GLENWOOD ADDN
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $194/sqft
      • Date on market: 5/29/2026
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Contingent$224,990$194/sqft
        Source: Unlock MLS #5991485 Report a problem
        5/29/2026Price change$224,990-8.2%$194/sqft
        Source: Unlock MLS #5991485 Report a problem
        5/28/2026Price change$244,990-2%$211/sqft
        Source: Unlock MLS #8086237 Report a problem
        5/21/2026Price change$249,990-9.1%$215/sqft
        Source: Unlock MLS #8086237 Report a problem
        5/17/2026Listed for sale$275,000$237/sqft
        Source: Unlock MLS #8086237 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Chestnut

        Getting around

        78 / 100
        Very Walkable
        53 / 100
        Good Transit
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Campbell
        • Middle: Kealing
        • High: McCallum
        • District: Austin ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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