Prime East Austin Development Opportunity – With Owner Financing! 2909 E 5th St is your ticket into one of Austin’s hottest neighborhoods. This large lot is packed with potential—renovate the existing home, build new, or go big with a multi-family project. Zoned SF-3-NP, you’ve got options. Plus, the property is currently bringing in steady rental income from month-to-month tenants, so you can cash flow while planning your dream build. Want even more space? The adjacent lot at 2907 E 5th St is also up for grabs, creating an incredible combined development site. You’ll be steps from Metz Park, Lady Bird Lake, Plaza Saltillo, Joe’s Bakery, and Blue Owl Brewing—with HEB around the corner, Whole Foods minutes away, and the Metro just a short walk for an easy downtown commute. Owner financing is available—a rare opportunity that makes this an even smarter investment. Opportunities like this don’t last in East Austin—jump on it!
Property Details
Price:
$500,000
MLS #:
2921475
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Hartwell Add
Listed Date:
Aug 11, 2025
Finished Sq Ft:
884
Lot Size:
6,787 sqft / 0.16 acres (approx)
Year Built:
1945
See this Listing
Schools
School District:
Austin ISD
Elementary School:
Brooke
Middle School:
Martin
High School:
Eastside Early College
Interior
Appliances
Gas Range
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Laminate, Tile, Wood
Heating
Central
Exterior
Community Features
None
Exterior Features
See Remarks
Other Structures
None
Parking Features
Driveway
Roof
See Remarks, Metal
Financial
Taxes
$10,000
Map
Community
- Address2909 E 5th ST Austin TX
- SubdivisionHartwell Add
- CityAustin
- CountyTravis
- Zip Code78702
Market Summary
Current real estate data for Single Family in Austin as of Sep 21, 2025
4,229
Single Family Listed
98
Avg DOM
393
Avg $ / SqFt
$1,025,354
Avg List Price
Property Summary
- Located in the Hartwell Add subdivision, 2909 E 5th ST Austin TX is a Single Family for sale in Austin, TX, 78702. It is listed for $500,000 and features 2 beds, 1 baths, and has approximately 884 square feet of living space, and was originally constructed in 1945. The current price per square foot is $566. The average price per square foot for Single Family listings in Austin is $393. The average listing price for Single Family in Austin is $1,025,354. To schedule a showing of MLS#2921475 at 2909 E 5th ST in Austin, TX, contact your Stripe Realty agent at 512-439-2122.
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