$829,732

Property Overview

This exceptional East Austin property at 2607 5th St presents a rare commercial and residential opportunity in one of Austin's most dynamic neighborhoods. Sitting on two strategically combined lots totaling 5,366 square feet, this 1945-built residence spans 2,348 square feet and offers genuine versatility for investors, developers, or entrepreneurs seeking to establish a mixed-use presence. The location provides direct access to the thriving East Austin arts scene, celebrated restaurants and breweries, and the cultural diversity that defines the area's character.

Priced at $829,732—notably 32 percent below the area median price per square foot—this property positions itself as an exceptional value proposition in a rapidly appreciating neighborhood. The proximity to major highways and public transportation creates natural advantages for both commercial enterprise and residential livability, while the short distance to downtown Austin amplifies its appeal for businesses targeting urban clientele. The combination of historic charm with modern development surrounding the property reflects East Austin's evolution as a hub for creative ventures and forward-thinking projects.

This dual-purpose asset capitalizes on Austin's continued demand for mixed-use spaces where commercial operations and residential living coexist harmoniously. The property's extended market time signals an opportunity for discerning buyers who recognize value beyond conventional single-use residential parameters.

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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