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$224,990

1302 1/2 WALNUT Ave #2, Austin, TX 78702

OLT 32&33 DIV B GLENWOOD ADDN

Bedrooms3
Bathrooms1
Sq Ft1,161
Acres0.07
Year Built1944

About This Property

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.

Property Details

Property TypeSingle Family
MLS #5991485
Days on Market14
Lot Size0.07 acres
Listed5/16/2026
Last Updated5/16/2026

Location

County
Travis
School District
Austin ISD
MLS Area
5

Size

Lot Description
City Lot, Curbs, Level, Public Maintained Road, Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse

Improvements

Fence
Fenced, Partial, Perimeter, Privacy, Wood
Exterior Features
Exterior Steps
Heating
Hot Water
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Appliances
Gas Range, Range, Free-Standing Range
Flooring
No Carpet, Tile, Wood
Windows
None
Construction Materials
Wood Siding
Foundation
Pillar/Post/Pier
Roof
Composition, Shingle
Direction Faces
East
Pool Features
None
Patio / Porch
Front Porch, Porch
View
None
Community Features
Curbs
Parking Features
Common, Driveway, Gravel, Kitchen Level, Off Street, Open, Outside, Unassigned

Location

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Listing provided by Cederick Harris · Spyglass Realty · (512) 436-4979

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$224,990