Views - Primary on Main
Address
1614 Holly St, Austin, TX
Price
$ 699,500
Property Attributes
  • MLS#7429541
  • TypeSingle Family
  • Listing Status Active
  • CountyTRAVIS
  • CityAustin
  • Area5
  • NeighborhoodRiverside
  • Zip78702
  • StyleSingle Family Residence
  • Year Built1946
  • Taxes$ 11036
  • Price$ 699,500
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage898
  • Lot Size0.14 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

Fully Renovated East Austin Property | Income Today + Development Upside Rare opportunity to own a fully renovated 2-bedroom, 2-bath home in one of Austin's most desirable and rapidly evolving areas. The property provides an attractive combination of immediate income, future development potential, and long-term land play. The home is currently occupied by a month-to-month tenant who is willing to sign a long-term lease, giving the next owner flexibility to either maintain the current arrangement or lock in longer-term rental income, making this a terrific covered land play opportunity. The real value is in the land and optionality. Based on current development plans, there is potential to add two additional units in the rear of the property, creating an opportunity to increase density and rental income while retaining the existing renovated home. For an investor, this is a compelling land-covered investment: collect income from a fully improved property today while maintaining multiple paths for future value creation. Keep the existing tenant on a long-term lease, pursue the addition of two additional units, or simply hold the property for potential long-term land appreciation. Highlights include: fully renovated home, 2 bedrooms and 2 bathrooms, existing month-to-month tenant willing to sign a long-term lease, immediate rental income, potential for two additional units, and significant long-term redevelopment optionality. A unique opportunity to acquire a cash-flowing property with embedded development potential in Austin. Buyer to independently verify zoning, development potential, permitting requirements, and ability to construct additional units.

Elementary School Middle School High School
Zavala Elementary School Martin Middle School Eastside Early College High School
Price History
9/22/2026 Listed $699,500

General Features

Living Area 898
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Above Ground
Roof Composition,Shingle
Appliances Built-In Gas Range,Built-In Range
Patio/Porch Features Porch
Pool Features None
Security Features Fire Alarm
Construction Materials Frame,Wood Siding
Year Built 1946
View City,Garden
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility Accessible Approach with Ramp
County Travis
New Construction No
Property Type Residential
HOA No
Energy Efficient None
Subdivision Name Riverside
Facing Direction East
Green Sustainability None
Other Structures None
Full Baths 2
Status Active
Directions Drive east on East 7th St. Right to Comal St. Turn left. Property is on the right.
High School Eastside Early College
City Austin
Disclosures None
MLS Area 5
Lot Size Square Feet 6098.4
Elementary School Zavala
Tax Annual Amount 11036
Middle/Junior High School Martin
Property Condition Resale
Standard Status Active
Year Built Source Owner
Tax Assessed Value 506630

Interior Features

Interior Amenities Two Primary Baths,Two Primary Suties,Primary Bedroom on Main
Flooring Laminate
Window Features Shutters
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Private Entrance,Private Yard
Fencing Back Yard
Parking Features Additional Parking
Lot Features Alley,City Lot,Level,Public Maintained Road
Water Source Public
Total Parking 2
Foundation Details Slab
Lot Size Acres 0.14
Waterfront Y/N No
Horse Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78702

Price
AVG $910K
$700K
Taxes
AVG $13,647
$11,036
Year Built
AVG 1990
1946

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