$425,000

Property Overview

This charming 1939 bungalow on College Row in East Austin sits steps from the neighborhood's beloved College Row Pocket Park and within walking distance of the city's most vibrant restaurant, brewery, and music venues. Fully furnished and move-in ready, the 528-square-foot home offers immediate income potential for short-term or long-term rental, appealing to investors seeking active management opportunities in one of Austin's hottest neighborhoods. The property's 4,138-square-foot lot qualifies for Small Lot Amnesty, positioning it for significant redevelopment potential comparable to the 2,400-square-foot new construction homes with downtown skyline views recently built on similar-sized parcels nearby.

Located just one mile from downtown Austin, this East Austin gem provides unmatched walkability and connectivity. Residents enjoy bikeable access to Lady Bird Lake, the University of Texas, and downtown while being surrounded by the cultural diversity, historic charm, and modern energy that define the 78702 zip code. Whether as a rental investment, personal residence, or development opportunity, this property captures the essence of East Austin's transformation while honoring its historic character.

Vox Residential Insight

At $805 per square foot, this property commands a premium 50% above the area median, reflecting both its investment-ready status and the neighborhood's explosive growth trajectory. The Small Lot Amnesty eligibility combined with proven nearby redevelopment success makes this a compelling opportunity for buyers who understand East Austin's long-term value proposition, and we're seeing strong interest from both local investors and those relocating to Austin TX.

Agent Description

Steps from the City of Austin's College Row Pocket Park in the heart of 78702, just one mile from downtown Austin. This fully furnished 1939 bungalow is ready for short-term, mid-term, or long-term rental from day one. Small Lot Amnesty eligible — neighboring new construction has built 2,400 sq ft homes with downtown skyline views on comparable lots. Walkable to East Austin's best bars, restaurants, and coffee shops with the live music, culture, and energy the neighborhood is known for. Bike to downtown, UT, and Lady Bird Lake. Live in it, rent it, or redevelop it.

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 $805/sqft, this listing is priced 51% above the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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