$1,150,000
2 bd · 1 ba · 966 sqft
602 Allen ST, Austin, TX 78702
602 Allen ST, Austin, TX 78702 is a 2-bedroom, 1-bathroom see remarks listed at $1,150,000 ($1190/sqft). 966 sqft. Built in 1935. Located in East Austin, Austin TX. Priced 124% above the East Austin median of $532/sqft. MLS #1381043. Listed by Phyllis Browning Company.
Property Overview
Located on Allen Street in East Austin, this rare development opportunity sits on a substantial 10,898 square feet of combined land just minutes from downtown. The property encompasses two separate parcels—a front lot of 5,760 square feet and an unplatted rear lot of 5,138 square feet—offering developers flexibility for creative site planning. Currently improved with two structures and storage units all in poor condition, the land is priced for its development potential rather than existing improvements. A Unified Development Agreement will likely be necessary to consolidate the parcels, making this a project for experienced developers familiar with East Austin's entitlements process.
This location captures the essence of East Austin's explosive growth, positioned within the neighborhood's thriving cultural corridor of galleries, restaurants, and breweries. The area continues to attract both historic preservation advocates and modern builders, creating a dynamic market for thoughtful redevelopment. The proximity to downtown Austin and the neighborhood's established creative community make this an attractive canvas for the right vision, whether that involves new construction, mixed-use development, or adaptive reuse concepts that honor East Austin's character while contributing to its evolution.
Agent Description
Prime central location just minutes from downtown. Exceptional opportunity for new construction on a combined 10,898 sq ft (Front Lot: 5,760 sq ft | Back Lot: 5,138.63 sq ft). Existing improvements include two dwellings and storage units; all structures are in poor condition and the property is offered for land value only. Both lots are to be sold together. The rear lot is not platted; a Unified Development Agreement will likely be required to consolidate the parcels.
Neighborhood: East Austin
This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.
At $1190/sqft, this listing is priced 124% above the East Austin median of $532/sqft.
Property Details
| Property Type | See Remarks |
| Year Built | 1935 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 966 sqft |
| Lot Size | 10,898.71 sqft |
| Price per Sqft | $1190 |
| Listed | Nov 25, 2025 |
| MLS # | 1381043 |
| Listed By | Phyllis Browning Company |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 602 Allen ST, Austin, TX 78702?
This property is listed at $1,150,000, which is $1190 per square foot. That is 124% above the East Austin area median of $532/sqft.
How many bedrooms and bathrooms does 602 Allen ST, Austin, TX 78702 have?
This home has 2 bedrooms and 1 bathroom, with 966 square feet of living space.
When was 602 Allen ST, Austin, TX 78702 built?
This property was built in 1935, making it 91 years old.
What neighborhood is 602 Allen ST, Austin, TX 78702 in?
This property is in East Austin, Austin, TX. The area is known for thriving arts scene, top restaurants & breweries, historic homes.
How long has 602 Allen ST, Austin, TX 78702 been on the market?
This listing has been on the market for 122 days.
What type of property is 602 Allen ST, Austin, TX 78702?
This is a See Remarks on a 10,898.71 sqft lot.