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Image 1 - 2909 E 5th St, Austin, Texas, 78702 - House for sale
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Home For Sale In Austin, Texas
2909 E 5th St, Austin, Texas, 78702

Home For Sale In Austin, Texas

house for sale
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Listed: 02/27/24

2909 E 5th St, Austin, Texas, 78702

2 Bed:
1 Bath:
884 Sq Ft Living Area:
Save
Price
$ 700,000
Price:  Increased

About This House

Investor's Dream! This fantastic property comes with a lucrative bonus it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at2907 E5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP,opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment opportunity!

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Austin Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Austin, United States averaged $615,370, an increase of 5% from the previous month.
Median price trends for properties for sale in Austin, United States as of May 2024.

Household Income

Median household income: $71,543
Number of households: 390,395
The average household income in Austin, TX grew from $67,755 to $71,543 in the past year. This data is an estimate based upon 390,395 households in Austin, TX.
The chart below presents how household income is distributed in Austin, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Austin, TX compared to median property taxes around the country. The prevalent amount of property taxes in Austin, TX equals $3k+ , which is more than the national average.