1302 1/2 Walnut Avenue E 2, Austin, TX

$224,990

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3

Beds

1

Bath

1,161

Square feet

0.07

Acres

About 1302 1/2 Walnut Avenue E 2

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.

Features of 1302 1/2 Walnut Avenue E 2

MLS® # 5991485
Price $224,990
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,161
Acres 0.07
Year Built 1944
Type Residential
Sub-Type Single Family Residence
Status Active Under Contract

Community Information

Address 1302 1/2 Walnut Avenue E 2
Area 5
Subdivision OLT 32&33 DIV B GLENWOOD ADDN
City Austin
County Travis
State TX
Zip Code 78702

Amenities

Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Features Curbs
Parking Common, Driveway, Gravel, Kitchen Level, Open, Off Street, Outside, Unassigned
Garage Spaces 0.00
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Carpet Free, Tile, Wood
Interior Features Ceiling Fan(s), Laminate Counters, Main Level Primary, No Interior Steps
Appliances Free-Standing Range, Gas Range, Range
Heating Hot Water
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Exterior Steps
Lot Description City Lot, Level, Moderate Trees, Many Trees, Few Trees, Trees Medium Size, Trees Small Size
Roof Composition, Shingle
Construction Wood Siding
Foundation Pillar/Post/Pier

School Information

District Austin ISD
Elementary Campbell
Middle Kealing
High McCallum

Additional Information

Date Listed May 16th, 2026
Days on Market 129
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSpyglass Realty
Contact Info(512) 436-4979

Listing Map

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