Prime East Austin Development Opportunity – With Owner Financing! 2909 E 5th St is your ticket into one of Austin’s hottest neighborhoods. This large lot is packed with potential—renovate the existing home, build new, or go big with a multi-family project. Zoned SF-3-NP, you’ve got options. Plus, the property is currently bringing in steady rental income from month-to-month tenants, so you can cash flow while planning your dream build. Want even more space? The adjacent lot at 2907 E 5th St is also up for grabs, creating an incredible combined development site. You’ll be steps from Metz Park, Lady Bird Lake, Plaza Saltillo, Joe’s Bakery, and Blue Owl Brewing—with HEB around the corner, Whole Foods minutes away, and the Metro just a short walk for an easy downtown commute. Owner financing is available—a rare opportunity that makes this an even smarter investment. Opportunities like this don’t last in East Austin—jump on it!
Listed by Mary Fealkoff
·
License #785754
·
Berkshire Hathaway TX Realty
·
(512) 483-6000
Last updated August 15, 2025
·
Source: ACTRIS #2921475
Listing Facts
TypeSingle-family
NeighborhoodGovalle
Bedrooms2
Bathrooms1
Days on Prevu26
Taxes$10,000/year
Size884 sqft
Price per sqft$566
Amenities
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
08/11/2025
Listed by Berkshire Hathaway TX Realty
$500,000
Property Details for 2909 E 5th ST
Exterior
Construction
Property Condition: Tear Down
Roof: See Remarks, Metal
Window Features: See Remarks
Year Built: 1945
Construction Materials: See Remarks, Masonry – Partial
Exterior Features: See Remarks
Features
Direction Faces: North
Fencing: Fenced
Patio And Porch Features: See Remarks, Covered, Front Porch
Measurements
Lot Features: See Remarks, Back Yard, Few Trees, Front Yard, Level, Split Possible, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.15
Lot Size Area: 0
Lot Size Square Feet: 6,786
Financial
Taxes
Parcel Number: 02021207040000
Tax Annual Amount: $10,000.00
Tax Assessed Value: $523,527.00
Tax Year: 2025
Interior
Features
Appliances: Gas Range
Flooring: Laminate, Tile, Wood
Interior Features: See Remarks, Primary Bedroom On Main
Measurements
Living Area: 884
Living Area Source: Public Records
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 2
Main Level Bedrooms: 2
Other
Location
Subdivision Name: Hartwell Add
Tax Block: 1
Tax Lot: 8
Parking
Parking
Parking Features: Driveway
Parking Total: 2
Schools
Elementary School
Elementary School: Brooke
Elementary School District: Austin ISD
High School
High School: Eastside Early College
High School District: Austin ISD
Middle or Junior School
Middle Or Junior School: Martin
Middle Or Junior School District: Austin ISD
Utilities
Equipment
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source: Public
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
