Check Availability
$399,000
● House - For Sale

2909 E 5th ST

Austin, TX 78702
bedrooms
2 Beds
bathrooms
1 Bath
square feet
884 Ft²
$2,626
Est. Monthly

About This Property

Discover the possibilities in one of East Austin's most exciting and rapidly evolving neighborhoods with this exceptional redevelopment and investment opportunity at 2909 E 5th Street. Situated on an oversized SF-3-NP zoned lot, this property offers the flexibility to renovate the existing home, build multiple units, or create your next standout project in one of the city's hottest urban corridors. The home is currently leased on a month-to-month basis, providing immediate rental income while you bring your vision to life. Looking for an even bigger opportunity? The neighboring property at 2907 E 5th Street is also available, creating the rare chance to assemble two side-by-side lots in a location where demand continues to grow. Enjoy everything that makes East Austin so desirable, with Plaza Saltillo, Lady Bird Lake, Metz Park, Joe's Bakery, neighborhood cafes, local breweries, live music, acclaimed restaurants, boutiques, and downtown Austin just minutes away. Whether you're an investor, builder, or developer, opportunities like this don't come around often, offering exceptional redevelopment potential in one of Austin's most vibrant neighborhoods.
Unit Size
884 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$451
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1945

Listed By

Mary Fealkoff
Berkshire Hathaway TX Realty

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Last updated: 5 months ago (Unlock MLS #ACT9268803)

Price History

Date / Event Date Event Price
Jul 2, 2026 Listed by Berkshire Hathaway TX Realty $399,000
Listed by Berkshire Hathaway TX Realty
Jun 30, 2026 Withdrawn -
Withdrawn
Feb 7, 2026 No longer available -
No longer available
Feb 7, 2026 Listed by Berkshire Hathaway TX Realty $450,000
Listed by Berkshire Hathaway TX Realty
Exceptional opportunity in the heart of East Austin, where walkability, growth, and development converge. Located at 2909 E 5th Street, this oversized lot offers multiple paths forward—renovate the existing home, build new construction, or explore redevelopment options under current SF-3-NP zoning. The property is currently leased on a month-to-month basis, providing immediate rental income while future plans take shape. An added opportunity exists with the adjacent property at 2907 E 5th Street also available, allowing for a rare site assembly in a highly desirable East Austin corridor. The location is a true standout—just moments from Plaza Saltillo, Lady Bird Lake, Metz Park, Joe’s Bakery, Blue Owl Brewing, and a variety of local cafés and neighborhood favorites. Easy access to downtown Austin, public transit, major employers, and everyday essentials makes this an ideal setting for development or long-term investment. Opportunities like this are increasingly rare in East Austin, offering flexibility, location, and upside in one of Austin’s most dynamic areas.
Nov 21, 2025 Price Decreased $450,000
↓ $50K (10%)
Price Decreased
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Property Highlights

Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Interior Features: See Remarks
Appliances: See Remarks
Flooring Type: Wood
Exterior Details
Square Footage: 884
Square Footage Source: $0
Green Sustainability
Property Condition: See Remarks
Year Built Source: Public Records
Year Built: 1945
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Wood Frames
Construction Materials: See Remarks
Patio and Porch Features: Front Porch
Pool Features: None
Lot Features: Level, Wooded
Lot Size Area: 6786.65
Lot Size Units: Square Feet
Lot Size Acres: 0.1558
Lot Size Square Feet: 6786.65
Water Source: Public
Financial Details
Tax Map Number: 8
Tax Assessed Value: $413,043
Tax Annual Amount: $8,000
Utilities Details
Cooling Type: See Remarks
Heating Type: See Remarks
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,787
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 460
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARTWELL ADDN
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 8 BLK 1 OLT 13 DIV O HARTWELL ADDN

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 000902

Geography

  • Assessors Map Reference: 0202120704
  • Account Number: 189860
  • Parcel: 189860
  • Block: 1
  • Lot: 8
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2558
  • Longitude: -97.7095

    Address

  • Full Address: 2909 E 5th St
  • Address - House Number: 2909
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Austin
  • Carrier Code: C006
  • 4-Digit Zip Code: 4816
  • Zip Code: 78702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $933,166
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 75
  • Final Value: 684,427
  • High Value: 811,452
  • Low Value: 557,403

    Market Valuation

  • Market Total Value: $654,442
  • Market Land Value: $450,000
  • Market Improvement Value: $204,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,442
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $204,442

    Sales

  • Current Sale Contract Date: Jan 27, 1999
  • Current Sale Recording Date: Feb 01, 1999
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00005869294
  • Previous Sale Recording Date: Feb 01, 1999
  • Previous Sale Contract Date: Jan 25, 1999
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Govalle-Johnston Terrace


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Frequently Asked Questions

When was property at 2909 East 5th Street built and last sold?
The property at 2909 East 5th Street was built in 1945 and last sold on Jan 27, 1999 for $0.
How much is this home worth?
The estimated value of the home located at 2909 East 5th Street is $402,578.
What are some comparable homes to 2909 East 5th Street?
There are currently no comparable homes to 2909 East 5th Street.