Rare East Austin redevelopment opportunity approximately one mile east of Downtown Austin and 0.6 mile from the Lady Bird Lake hike-and-bike trail. The approximately 6,500-square-foot lot offers both street frontage and rear-alley access—an especially attractive configuration for creating distinct entrances, parking and greater privacy between residences in a potential A/B-style development. CS-MU-CO-NP zoning supports a range of residential possibilities, including single-family, duplex/two-family, condominium and other residential configurations, with a maximum building height of 40 feet. Preliminary title work is complete, with no recorded easements specifically listed in the title commitment. Existing city utility connections and a remaining heritage tree positioned near the lot perimeter further enhance the site’s development potential. Minutes from Lady Bird Lake, Downtown, Rainey Street, East Cesar Chavez dining and Austin-Bergstrom International Airport.
Active
$550,000
1507 1/2 Holly St, Austin, TX 78702
3beds
960sqft
Single Family Residence
Built in 1935
6,499 Square Feet Lot
$-- Zestimate®
$573/sqft
$-- HOA
What's special
- 3 hours
- 55
- 0
Zillow last checked:
Listing updated:
Listed by:
Kate Hamlin (512) 436-3030,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 3768528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: See Remarks
Features
- See Remarks
- Flooring: See Remarks
- Windows: Vinyl Windows
Interior area
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: None
- Pool features: None
- Fencing: Chain Link
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 6,499 Square Feet
- Dimensions: 44 x 145 x 45 x 145
- Features: Alley Access, City Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: See Remarks, Shed(s)
- Parcel number: 02020509110000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Tear Down
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: See Remarks
- Subdivision: Free & Williams
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $573/sqft
- Tax assessed value: $687,377
- Annual tax amount: $14,067
- Date on market: 10/8/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $550,000-12%$573/sqft |
Source: | ||
| 8/28/2026 | Listing removed | $625,000$651/sqft |
Source: | ||
| 8/3/2026 | Price change | $625,000-3.8%$651/sqft |
Source: | ||
| 7/15/2026 | Price change | $650,000+0.8%$677/sqft |
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| 6/12/2026 | Price change | $645,000-0.8%$672/sqft |
Source: | ||
| 5/12/2026 | Price change | $650,000-5.1%$677/sqft |
Source: | ||
| 4/10/2026 | Listed for sale | $685,000$714/sqft |
Source: | ||
| 4/2/2026 | Contingent | $685,000$714/sqft |
Source: | ||
| 3/22/2026 | Listed for sale | $685,000$714/sqft |
Source: | ||
| 3/18/2026 | Contingent | $685,000$714/sqft |
Source: | ||
| 3/11/2026 | Listed for sale | $685,000$714/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,681 +15.2% | $636,404 +10% |
| 2024 | $3,195 +14.6% | $578,549 +10% |
| 2023 | $2,788 -20.7% | $525,954 +10% |
| 2022 | $3,514 | $478,140 +10% |
| 2021 | -- | $434,673 +10% |
| 2020 | $3,654 +18.9% | $395,157 -24.8% |
| 2019 | $3,074 +18.4% | $525,181 +60.8% |
| 2018 | $2,597 | $326,576 +10% |
| 2017 | $2,597 +7.7% | $296,887 +10% |
| 2016 | $2,411 | $269,897 +10.7% |
| 2015 | $2,411 | $243,855 +10% |
| 2014 | $2,411 | $221,686 +10% |
| 2013 | -- | $201,533 +10% |
| 2012 | -- | $183,212 +10% |
| 2011 | -- | $166,556 -1.3% |
| 2010 | -- | $168,830 +2.8% |
| 2009 | -- | $164,232 +10% |
| 2008 | -- | $149,302 +10% |
| 2007 | -- | $135,729 +10% |
| 2006 | -- | $123,390 +10% |
| 2005 | -- | $112,173 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Cesar Chavez
Nearby schools
Schools provided by the listing agent
- Elementary: Sanchez
- Middle: Kealing
- High: Austin
- 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.








