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.
Active
$399,000
2907 E 5th St, Austin, TX 78702
2beds
652sqft
Single Family Residence
Built in 1920
6,786 Square Feet Lot
$381,500 Zestimate®
$612/sqft
$-- HOA
What's special
- 5 hours |
- 40 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Mary Fealkoff (512) 483-6000,
Berkshire Hathaway TX Realty (512) 483-6000
Source: Unlock MLS,MLS#: 2450160
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: See Remarks
Features
- See Remarks
- Flooring: Wood
- Windows: Wood Frames
- Fireplace features: None
Interior area
- Total interior livable area: 652 sqft
Property
Parking
- Parking features: Driveway
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s), Front Porch
- Exterior features: See Remarks, Private Yard
- Pool features: None
- Fencing: Wood, Wrought Iron
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,786 Square Feet
- Features: Back Yard, Curbs, Few Trees, Flag Lot, Front Yard, Interior Lot, Private, Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: None
- Parcel number: 02021207030000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier, Raised
- Roof: Metal
Condition
- See Remarks
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Community
- Features: None
- Subdivision: Hartwell Add
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $612/sqft
- Tax assessed value: $397,794
- Annual tax amount: $7,883
- Date on market: 7/2/2026
- Listing terms: Cash
Estimated market value
$381,500
$362,000 - $401,000
$2,050/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $399,000-11.3%$612/sqft |
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| 6/30/2026 | Listing removed | $450,000$690/sqft |
Source: BHHS broker feed #8221011 Report a problem | ||
| 11/20/2025 | Price change | $450,000-10%$690/sqft |
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| 8/12/2025 | Listed for sale | $500,000+8.7%$767/sqft |
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| 3/29/2025 | Listing removed | $460,000$706/sqft |
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| 2/25/2025 | Price change | $460,000-11.5%$706/sqft |
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| 1/23/2025 | Listed for sale | $520,000-16.8%$798/sqft |
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| 9/20/2024 | Listing removed | $625,000$959/sqft |
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| 7/3/2024 | Price change | $625,000-3.8%$959/sqft |
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| 6/1/2024 | Price change | $650,000-7.1%$997/sqft |
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| 9/15/2023 | Listed for sale | $700,000+18.6%$1,074/sqft |
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| 7/11/2023 | Listing removed | -- |
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| 5/24/2023 | Price change | $589,9990%$905/sqft |
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| 5/11/2023 | Price change | $590,000-6.3%$905/sqft |
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| 4/18/2023 | Listed for sale | $630,000-3.1%$966/sqft |
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| 3/30/2023 | Listing removed | -- |
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| 3/12/2023 | Listed for sale | $650,000-16.1%$997/sqft |
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| 9/26/2022 | Listing removed | -- |
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| 8/13/2022 | Listed for sale | $774,900+0.6%$1,188/sqft |
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| 7/23/2022 | Listing removed | -- |
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| 6/12/2022 | Listed for sale | $770,000-9.4%$1,181/sqft |
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| 6/1/2022 | Listing removed | -- |
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| 4/25/2022 | Price change | $850,000-4.5%$1,304/sqft |
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| 4/22/2022 | Price change | $890,000-1.1%$1,365/sqft |
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| 3/28/2022 | Listed for sale | $899,500$1,380/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,141 -9.7% | $397,794 -12.5% |
| 2024 | $9,014 -18.6% | $454,840 -25.7% |
| 2023 | $11,072 +28.8% | $611,944 +26.5% |
| 2022 | $8,597 | $483,692 +40.3% |
| 2021 | -- | $344,862 +9.1% |
| 2020 | $7,039 +3.8% | $316,128 |
| 2019 | $6,781 +17.2% | $316,128 +11.8% |
| 2018 | $5,786 | $282,738 +8.2% |
| 2017 | $5,786 +6.8% | $261,335 +4.1% |
| 2016 | $5,417 | $251,033 +9.1% |
| 2015 | $5,417 | $230,088 +1.1% |
| 2014 | $5,417 +54172606% | $227,636 +1549.4% |
| 2002 | $0 | $13,801 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Govalle
Nearby schools
GreatSchools rating
- 2/10Govalle Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 1/10Martin Middle SchoolGrades: 7-8Distance: 1.2 mi
- 1/10Eastside Memorial High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Brooke
- Middle: Martin
- High: Eastside Early College
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Austin
- 78702
- Govalle
- 2907 E 5th St






