$525,000

Property Overview

This 1920 bungalow on Spence Street carries the creative soul of East Austin, situated on a generous lot with commanding views of Downtown's skyline and iconic landmarks like the Waterline tower. The original two-bedroom, one-bath home stands as a piece of Austin's authentic character—once owned by Ernest Rangel Perez, a Tejano music legend whose influence shaped the city's cultural landscape. At $525,000, priced 10 percent below the neighborhood median, this represents an opportunity to own a historically significant property in one of Austin's most walkable and electric urban cores.

Located steps from 6th Street's vibrant entertainment scene and within reach of Lady Bird Lake and Congress Avenue, this East Austin pocket offers the connectivity of a true urban neighborhood. The two-lot condo configuration opens possibilities for thoughtful reimagining while honoring the bungalow's original bones. Architect plans are already underway to preserve the character that defines this space, making it ideal for a creative vision, long-term investment, or those seeking a meaningful connection to old Austin with room to evolve.

Vox Residential Insight

The Vox Residential team recognizes this property as a rare convergence of Austin history, walkable urban proximity, and below-market pricing that rarely aligns in downtown-adjacent East Austin. With existing architectural vision and the cultural gravitas of its previous ownership, this bungalow appeals to buyers seeking authentic character rather than new construction—a distinctly Austin proposition.

Agent Description

Here’s your shot to own something meaningful in one of Austin’s most electric, walkable, and deeply rooted neighborhoods. Set within a two-lot condo regime in East Austin, Lot A is home to the original bungalow, a place full of character, presence, and a story worth continuing. Whether you’re drawn to it as a long-term hold, a creative East Austin retreat, or a piece of old Austin with room to thoughtfully evolve, this one carries the kind of history you can’t manufacture. The home was purchased from the estate of Ernest Rangel Perez, a Tejano legend whose influence on Austin’s music scene still resonates today. That connection gives the property a creative pulse that feels right at home in this pocket of the city. From the bungalow, you can take in commanding skyline views, with Downtown Austin stretching out in front of you, including the Waterline tower, the tallest building in Texas. Architect plans are already in place to preserve the original bungalow while reimagining it into a striking new build designed to capture those views from nearly every angle. Location is everything here, and this one delivers in every direction. Rainey Street is minutes to the west, East 6th and Cesar Chavez sit just north, the Holly District lies to the east, and Lady Bird Lake and Festival Beach are right to the south. With nearby bus routes, quick I-35 access, and the future I-35 cap and stitch project, this pocket is only getting more connected over time. Lot A is Austin’s culture, past, present, and future, wrapped into one very special bungalow. Music history, neighborhood energy, skyline views, and the city’s next chapter all meet here. Cool neighborhood. Real history. Big views. A bungalow with a story worth carrying forward. Buyer to verify all info.

Neighborhood: Downtown Austin

This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.

At $684/sqft, this listing is priced 11% below the Downtown Austin median of $766/sqft.

Property Details

Listing data last updated: May 19, 2026

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