1302 1/2 WALNUT Ave E # 2
Austin, TX, 78702
$224,990
3 Beds
1 Baths
1,161 SqFt
0.07 Acres
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MLS #5991485 image #0
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.
Listing Provided Courtesy of Spyglass Realty

Property Details

Price:
$224,990
MLS #:
5991485
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
OLT 32&33 DIV B GLENWOOD ADDN
Listed Date:
May 16, 2026
Finished Sq Ft:
1,161
Lot Size:
3,023 sqft / 0.07 acres (approx)
Year Built:
1944
Olt 32&33 Div B Glenwood AddnAustin IsdCampbellKealingMccallumNone

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Schools

School District:
Austin ISD
Elementary School:
Campbell
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
Gas Range, Range, Free-Standing Range
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring
No Carpet, Tile, Wood
Heating
Hot Water
Interior Features
Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, No Interior Steps, Primary Bedroom on Main, Washer Hookup
Levels
One
Main Level Bedrooms
3

Exterior

Accessibility Features
None
Community Features
Curbs
Direction Faces
East
Exterior Features
Exterior Steps
Fencing
Fenced, Partial, Perimeter, Privacy, Wood
Lot 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
Other Structures
None
Parking Features
Common, Driveway, Gravel, Kitchen Level, Off Street, Open, Outside, Unassigned
Patio And Porch Features
Front Porch, Porch
Roof
Composition, Shingle
Spa Features
None
View
None
Waterfront Features
None
Window Features
None

Financial

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Jun 20, 2026
4,181
Single Family Listed
81
Avg DOM
386
Avg $ / SqFt
$1,012,235
Avg List Price

Property Summary

    Located in the OLT 32&33 DIV B GLENWOOD ADDN subdivision, 1302 1/2 WALNUT Ave E # 2 Austin TX is a Single Family for sale in Austin, TX, 78702. It is listed for $224,990 and features 3 beds, 1 baths, and has approximately 1,161 square feet of living space, and was originally constructed in 1944. The current price per square foot is $194. The average price per square foot for Single Family listings in Austin is $386. The average listing price for Single Family in Austin is $1,012,235. To schedule a showing of MLS#5991485 at 1302 1/2 WALNUT Ave E # 2 in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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1302 1/2 WALNUT Ave E # 2
Austin, TX