$625,000

Property Overview

This 1927 bungalow on Holly Street presents a rare opportunity in East Austin's most coveted corridor, where established character neighborhoods meet explosive cultural momentum. The original 686-square-foot home anchors a generous 6,372-square-foot lot with mature trees and alleyway access—a canvas for reimagining under the new HOME zoning that permits additional dwelling units. Whether envisioned as a classic remodel honoring the bungalow's period architecture or as a development site, the bones of this property align with East Austin's evolution from historic preservation to thoughtful densification.

Location defines the value here: steps from Lady Bird Park's trail system, walking distance to the restaurant renaissance of East 6th Street, and nestled between the vibrant Rainey Street corridor and César Chavez Avenue's cultural landmarks. Neighbors include celebrated spots like Suerte, Canje, Whistlers, and White Horse—the epicenter of Austin's thriving food and brewery scene. The gently sloping topography and tree canopy offer both practical development advantages and immediate livability appeal in a neighborhood where Austin's arts scene, diverse community, and new mixed-use projects define the current market energy.

Vox Residential Insight

The Holly District represents one of Austin's last authentic redevelopment opportunities where genuine neighborhood character meets real growth potential—and this property's lot size plus zoning flexibility make it exceptionally positioned compared to typical infill inventory. At Vox Residential, we're seeing savvy investors recognize that East Austin's trajectory isn't speculative; it's already documented through restaurant openings, cultural investment, and price appreciation that consistently outpaces broader Austin trends.

Agent Description

1920s bungalow ready for a new lease on life or clear & start fresh in an incredible location! Great opportunity to remodel, flip or develop in the highly desired ECC / Holly District area. Existing 1 / 1 bungalow is a great candidate for a remodel and/or addition, the classic bungalow architecture is as a starting point! Additionally, with the new HOME zoning, there is also the potential to add a second and/or third dwelling. Large 6300+ gently sloping sf lot with great alley access and tall tree canopy. Hard to beat location with easy walking accessibility to the Lady Bird Hike & Bike, Rainey St, Cesar Chavez, and E 6th hotspots such as Suerte, Whistlers, Canje, White horse, and the list goes on!

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 $911/sqft, this listing is priced 71% above the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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