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Austin · Free & Williams

$550,000 16 days on market

1507 1/2 Holly St, Austin, TX 78702

  • 3bedrooms
  • 1bathrooms
  • 960sqft
  • 0.15acres
  • 1935year built

About this home

Rare East Austin redevelopment opportunity approximately one mile east of Downtown Austin and 0.6 mile from the Lady Bird Lake hike-and-bike trail. The approximately 6,500-square-foot lot offers both street frontage and rear-alley access—an especially attractive configuration for creating distinct entrances, parking and greater privacy between residences in a potential A/B-style development. CS-MU-CO-NP zoning supports a range of residential possibilities, including single-family, duplex/two-family, condominium and other residential configurations, with a maximum building height of 40 feet. Preliminary title work is complete, with no recorded easements specifically listed in the title commitment. Existing city utility connections and a remaining heritage tree positioned near the lot perimeter further enhance the site’s development potential. Minutes from Lady Bird Lake, Downtown, Rainey Street, East Cesar Chavez dining and Austin-Bergstrom International Airport.

Property

Type
Single Family Residence
Levels
One
Year built
1935
Lot size
0.15 acres
Subdivision
Free & Williams
MLS #
ACT3768528

Inside

Bedrooms
3
Bathrooms
1
Living area
960 sqft

Schools

Elementary
Sanchez
High school
Austin
District
Austin ISD

Costs

Est. annual taxes
$14,067 (2026)

Listing

First listed
Oct 8, 2026
Days listed
16
Status
Active

Listed by Kate Hamlin, Compass RE Texas, LLC · [email protected] · MLS# ACT3768528 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

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

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