$799,000
1 bd · 1 ba · 2,348 sqft
2607 E 5th St, Austin, TX 78702
2607 E 5th St, Austin, TX 78702 is a 1-bedroom, 1-bathroom single family residence listed at $799,000 ($340/sqft). 2,348 sqft. Built in 1945. Located in East Austin, Austin TX. Priced 29% below the East Austin median of $478/sqft. MLS #4719275. Listed by 2TX Realty.
Property Overview
This 2,348 square foot East Austin property at 2607 E 5th St presents a rare mixed-use opportunity in one of Austin's most dynamic neighborhoods. Situated on two adjacent lots totaling over 5,300 square feet, the residence combines a single-bedroom, single-bath home with significant commercial or development potential. The one-story 1945-built structure features central heating and cooling, covered parking for multiple vehicles, and sits on a spacious lot with skyline views. At $340 per square foot, this property is 32% below the East Austin median, making it an exceptional value proposition.
The location capitalizes on everything that makes East Austin a destination—proximity to thriving restaurants, breweries, and the area's celebrated arts scene. Highway access and public transportation nearby create natural appeal for mixed-use development or business expansion. The secured property includes five parking spaces and four garage spaces, practical amenities for commercial operations. For investors and developers, this combined parcel on E 5th St offers the flexibility to reimagine the space while tapping into East Austin's ongoing cultural and economic momentum.
Vox Real Estate Insight
At Vox Real Estate, we see this dual-lot configuration as a genuine development play in one of Austin's most sought-after neighborhoods for mixed-use projects. The significantly discounted price relative to area comps, paired with the combined square footage and parking infrastructure, positions this as a strong opportunity for the right buyer ready to execute a vision on E 5th St.
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 $340/sqft, this listing is priced 29% below the East Austin median of $478/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1945 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Living Area | 2,348 sqft |
| Lot Size | 5,367 sqft |
| Price / Sqft | $340 |
| Stories | One |
| Condition | Resale |
| Subdivision | Chernosky M E |
| County | Travis |
| MLS Area | 5 |
| Listed | Feb 17, 2025 |
| MLS # | 4719275 |
| Listed By | 2TX Realty |
| Contact | (512) 931-9223 |
Interior
| Flooring | Carpet, Laminate |
| Appliances | Gas Cooktop |
| Interior Features | Ceiling Fan(s), High Speed Internet |
| Windows | Blinds |
| Laundry | In Kitchen |
| Main-Level Bedrooms | 1 |
| Living Areas | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central |
| Utilities | Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | Block, Cement Siding |
| Roof | Composition |
| Foundation | Slab |
| Exterior Features | Private Yard |
| Patio & Porch | Covered |
| Fencing | Chain Link |
| Lot Features | City Lot |
| View | Skyline |
| Faces | North |
Parking
| Parking Spaces | 5 |
| Garage Spaces | 4 |
| Covered Spaces | 4 |
| Parking Features | Asphalt, Concrete |
Community & HOA
| HOA | No |
| Security | 24 Hour Security, Security Fence, Security Service, Security System Owned |
Assigned Schools
| Elementary | Govalle |
| Middle | Martin |
| High | Eastside Early College |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2024 |
| Annual Tax | $12,551 |
| Assessed Value | $633,295 |
| Parcel # | 02021109040000 |
| Legal Description | N67.55 FT OF LOT 9 BLK 5 OLT 11 DIV O CHERNOSKY M E |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 2607 E 5th St, Austin, TX 78702?
This property is listed at $799,000, which is $340 per square foot. That is 29% below the East Austin area median of $478/sqft.
How many bedrooms and bathrooms does 2607 E 5th St, Austin, TX 78702 have?
This home has 1 bedroom and 1 bathroom, with 2,348 square feet of living space.
When was 2607 E 5th St, Austin, TX 78702 built?
This property was built in 1945, making it 81 years old.
What neighborhood is 2607 E 5th 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 2607 E 5th St, Austin, TX 78702 been on the market?
This listing has been on the market for 568 days.
What type of property is 2607 E 5th St, Austin, TX 78702?
This is a Single Family Residence on a 5,366.59 sqft lot.