Austin · OLT 32&33 DIV B GLENWOOD ADDN
$224,990 30 days on market
Reduced from $275,000
· −18.2%
1302 1/2 WALNUT Ave E #2, Austin, TX 78702
- 3bedrooms
- 1bathrooms
- 1,161sqft
- 0.07acres
- 1944year built
About this home
Offer Received! Please Submit Your Higest and Best ASAP! Bring your imagination and investment vision to this exceptional opportunity in the heart of Austin’s thriving 78702 corridor. Filled with endless possibilities for investors, builders, developers, and buyers ready to reimagine a space in one of Austin’s fastest growing and most desirable neighborhoods. Ideally located near the University of Texas, Downtown Austin, Lady Bird Lake, major highways, entertainment, shopping, restaurants, nightlife, coffee shops, and major employers, this property places you in the center of Austin’s continued growth and energy. Whether you are searching for your next flip and rehab project, a long-term rental investment, redevelopment opportunity, or tear-down site for new construction, this property offers incredible upside in a highly sought-after location surrounded by modern homes and ongoing development. The property features rear access road entry for added privacy and convenience, along with a gravel driveway, large mature trees, smaller trees, covered porch, siding exterior, entry steps, pier and beam foundation, and two front entry doors. Inside, you will find a blend of wood and tile flooring throughout various areas of the home. The living room features wood floors and a ceiling fan. Bedroom one includes tile flooring, a ceiling fan, and window A/C unit. Bedroom two offers tile floors and two ceiling fans. The primary bathroom includes tile flooring, pedestal sink, and walk-in shower. The primary bedroom features a walk-in closet and additional storage closet space. The breakfast area offers wood flooring, while the kitchen includes tile floors, gas range, and Formica countertops. The laundry room features tile flooring. Bedroom three includes tile flooring, ceiling fan, window A/C unit, and exterior exit door. No gutters or window screens are currently installed. Bring your creativity and vision to unlock the full value of this prime East Austin opportunity today.
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1944
- Lot size
- 0.07 acres
- Subdivision
- OLT 32&33 DIV B GLENWOOD ADDN
- MLS #
- ACT5991485
Inside
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,161 sqft
Schools
- Elementary
- Campbell
- High school
- McCallum
- District
- Austin ISD
Costs
- Est. annual taxes
- $9,788 (2026)
Listing
- First listed
- May 16, 2026
- Days listed
- 30
- Original price
- $275,000
- Status
- Active Under Contract
Listed by Cederick Harris, Spyglass Realty · [email protected] · MLS# ACT5991485 · Active Under Contract
Estimate your monthly payment
Loan
Yearly costs
Monthly payment
$0
Total monthly
- Principal & interest
- $0
- Property tax
- $0
- Insurance
- $0
- HOA
- $0
- Loan amount
- $0
Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.
Where this home sits
Interested in this home?
More homes like this
