$829,732

Property Overview

This exceptional Santa Rosa Street property in East Austin represents a rare mixed-use investment opportunity in one of the city's most dynamic neighborhoods. Spanning 2,348 square feet across two strategically combined lots totaling over 5,300 square feet, the property offers distinctive potential for developers, investors, and entrepreneurs seeking to capitalize on East Austin's explosive growth. The location puts users steps away from the thriving arts scene, award-winning restaurants and breweries, and historic architecture that define this increasingly sought-after corridor, while proximity to major highways and public transit ensures accessibility for both customers and residents.

The combined commercial and residential configuration allows for creative mixed-use development that aligns perfectly with East Austin's evolving character. Whether envisioning a boutique business with residential components, a cultural venture, or adaptive reuse project, the property's flexibility mirrors the neighborhood's own transformation. At $353 per square foot—32 percent below the area median—this offering provides compelling value for those ready to shape its future.

Originally built in 1945, this East Austin investment sits at the intersection of historic preservation and contemporary opportunity, positioned to benefit from the ongoing revitalization that continues reshaping the neighborhood's landscape and economic outlook.

Agent Description

2607 E 5th St included: COMMERCIAL/RESIDENTIAL- This unique property offering encompasses two adjacent lots strategically situated in one of Austin's most vibrant neighborhoods. With a blend of commercial and residential potential, this combined listing presents an exceptional opportunity for investors, developers, or business owners looking to capitalize on Austin's thriving real estate market. **Investment Highlights:** - Both properties are located in a rapidly developing area with increasing demand for mixed-use spaces. - Opportunity to create a synergistic environment by combining commercial and residential sectors. - Close to major highways and public transportation, ensuring easy access for customers and residents alike. - A short distance from downtown Austin, providing additional appeal to businesses seeking to attract urban clientele. Don’t miss your chance to acquire this versatile property package that effortlessly merges commercial potential with desirable residential living. Whether you’re looking to expand your investment portfolio or open a new venture in the heart of Austin, these properties offer unmatched opportunities in a dynamic market.

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 $353/sqft, this listing is priced 34% below the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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