1302 1/2 WALNUT Ave E # 2
Austin, TX, 78702 $ 275,000
Baths0.0 Monthly Estimate*
$ 1,693
Studio for $275,000. The lot size is 0.0694.
Bring your imagination and your investment vision to this exceptional opportunity in the heart of Austin’s thriving 78702 corridor. Welcome to 1302 1/2 Walnut Ave., Austin, TX, a property 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
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected Water Available Water Connected
View None
Unit Number 2
Property Subtype Unimproved Land
Tax Year 2026
Waterfront Features None
Community Features Curbs
County Travis
New Construction N
Property Type Land
HOA N
Subdivision Name OLT 32&33 DIV B GLENWOOD ADDN
Other Structures Residence
Status Active
Directions 1302 1/2 WALNUT AVE AUSTIN TX 78702
High School McCallum
City Austin
Disclosures Seller Disclosure
MLS Area 5
Lot Size Square Feet 3023.06
Elementary School Campbell
Middle/Junior High School Kealing
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=QfMrPJbsmEC
Standard Status Active
Tax Assessed Value 420346
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ExteriorExterior Amenities Exterior Steps
Fencing Fenced Partial Perimeter Privacy Wood
Lot Features City Lot Curbs Level Public Maintained Road Many Trees Trees-Medium (20 Ft - 40 Ft) Trees-Moderate Trees-Small (Under 20 Ft) Trees-Sparse
Water Source Public
Lot Size Acres 0.0694
Road Surface Type Concrete Curb/Gutter Dirt Gravel PVD Unimproved
Waterfront Y/N N
Horse Y/N N
Horse Amenities None
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InteriorTotal Bedrooms 0
Total Baths 0
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* Excluded FeaturesList ByCederick HarrisListing Agent
harris.cederick80@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,693
- Monthly Property Taxes
- $816
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Austin, TX
Average List Price $964,861
Percent of Sale Price 251%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360524 Elementary School
4360346 Middle School
McCallum High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/17/2026 | $275,000 | | Listed Price |