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!
Active
$500,000
2909 E 5th St, Austin, TX 78702
2beds
884sqft
Est.:
Single Family Residence
Built in 1945
6,786.65 Square Feet Lot
$-- Zestimate®
$566/sqft
$-- HOA
What's special
Renovate the existing homeLarge lotAdjacent lot
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Likely to sell faster than
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