MLS# 3768528 - 1507 1/2 Holly Street, Austin, TX 78702

$550,000
Beds: 3
Bath: 1
Sqft: 960
Sqft lot: 6,499
Acre lot: 0.15
Est. $2,025 / mo.*
29 Days On Market

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Property listed by Compass RE Texas, LLC 512-575-3644 (512) 436-3030

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Status: Active
Property Type: Singlefamilyresidence
Year Built: 1935
Neighborhood: Free & Williams
Days On Website: 29

Property Details for 1507 1/2 Holly Street, Austin, TX 78702

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.

Appliances & Equipment

  • SeeRemarks

Bathrooms

  • 1 total bathroom
  • 1 full bathroom

Bedrooms

  • 3 total bedrooms
  • 3 main level bedrooms

Building

  • Built in 1935
  • Living area: 960.0
  • Building faces North
  • Levels: One
  • Construction Materials: Frame

Community

  • SeeRemarks

Disclosures

  • ExclusionsDisclosure
  • SellerDisclosure

Accessibility Features

  • None

Exterior Features

  • None

Fence

  • ChainLink

Floors

  • SeeRemarks

Foundation

  • PillarPostPier

Heating

  • Central
  • NaturalGas

Interior Features

  • SeeRemarks

Laundry

  • Outside

Listing

  • Listing ID: 3768528
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: SingleFamilyResidence
  • On market as of 2026-10-08
  • 5 days on market
  • Special Conditions: Standard

Location

  • Subdivision: Free & Williams
  • MLS Area (Major): 5
  • County/Parish: Travis

Lot

  • 0.1492 acres
  • Dimensions: 44 x 145 x 45 x 145
  • Alley
  • CityLot
  • Level
  • TreesLargeSize
  • TreesMediumSize

Parking

  • Gravel

Pool

  • None

Possession

  • ClosingAndFunding

Property

  • TearDownValueInLand
  • City

Roof

  • Composition

Schools

  • Elementary School: Sanchez
  • Elementary School District: Austin ISD
  • Middle School: Kealing
  • Middle School District: Austin ISD
  • High School: Austin
  • High School District: Austin ISD

Sewer

  • PublicSewer

Taxes

  • Parcel Number: 02020509110000
  • Annual Amount: $14,067.1
  • Assessed Value: $645,468
  • Tax Block: B
  • Legal Description: LOT 11 BLK B OLT 57 DIV O FREE & WILLIAMS SUBD
  • Lot: 11
  • Year: 2026

Utilities

  • CableAvailable
  • ElectricityConnected
  • FiberOpticAvailable
  • NaturalGasConnected
  • HighSpeedInternetAvailable
  • PhoneAvailable
  • SewerConnected
  • WaterConnected
  • Water Source: Public

Map View

$550,000 - 1507 1/2 Holly Street, Austin, TX 78702

Street View

Directions

1507 1/2 Holly Street
Austin, TX 78702
Subdivision: Free & Williams