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$875,000
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Property Description
Incredible opportunity in the heart of East Austin - steps from the urban core yet nestled in one of the city's most sought-after neighborhoods. With 8,252 square feet of flat, buildable land (zoned SF-3 with alley access), 1005 Holly offers prime development potential for a builder, investor, or future-minded developer looking to plant a flag in this high-growth corridor. Whether you envision a high-end single residence or a multi-unit condo regime with both Holly Street and alley access, this property offers flexibility and a high ceiling for returns. The existing home could be lightly remodeled for immediate rental income, or cleared for new construction. Adjacent lots may become available, creating a rare opportunity to assemble multiple parcels with continuous street and alley frontage - ideal for a larger-scale development or future up-zoning play. Just blocks from the Rainey Street District, Lady Bird Lake, and East Austin's best coffee shops, breweries, and art-forward experiences. And with the I-35 expansion on the horizon, this location is poised to become even more connected to downtown Austin and its surrounding tech and lifestyle hubs. Buyers are advised to verify zoning and building regulations prior to acquisition.
Full Property Details
Full Property Details for 1005 Holly St
General
- Price: $875,000
- Taxes: $8,850 (2023)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9886791
- Updated: 1/7/2026
- Added to Site: 199 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary
- Appliances: Range
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Rear Porch
Parking
- Total Spaces: 2
- Parking Features: Driveway, Tandem
Location
- Area: 5
- County: Travis
- Subdivision: Elm Grove Add
- Driving Directions: I-35, Exit Holly St, Turn East on Holly St, Property located on the right.
- Direction Faces: North
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Sanchez
- Middle School: Martin
- High School: Austin
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 1,248
- Sq. Ft. Source: Public Records
- Living Area: 1,248 Sq. Ft.
- Year Built: 1945
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: City
- Lot Size (Acres): 0.1894
- Lot Size (Sq. Ft.): 8,250.26
- Fence: Yes
- Lot Features: Level
- Fencing (Description): Chain Link, Stone, Wrought Iron
Financial Considerations
- Assessment Amount: $489,188
- Tax Amount: $8,850.62
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Probate Listing
- Documents Avail.: Aerial
- Legal Description: LOT 3 BLK 2 ELM GROVE ADDN OLT 54 & 55 DIV O
- Disclosures/Reports: None
- Property ID: 2030406040000
- Block: 2
- Lot Number: 3
Listed by Live512 LLC
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Schools
Schools serving 1005 Holly St
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Sanchez Elementary School, Austin, TX 73 San Marcos Street, Austin, TX 78702 | PK-5 | 0.1 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 0.4 mi |
Austin High School, Austin, TX 1715 West Cesar Chavez Street, Austin, TX 78703 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1005 Holly St
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$875,000
-10.26%
MLS
7/01/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1005 Holly St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,862
—
$557,545
4%
2024
$2,862
20%
$538,107
-23%
2022
$2,378
—
$698,078
-12%
2022
$2,378
-2%
$797,309
97%
2021
$2,417
-70%
$404,287
10%
2020
$8,184
4%
$367,534
10%
2020
$7,883
18%
$334,122
10%
2018
$6,672
19%
$303,747
10%
2016
$5,598
-9%
$276,134
10%
2017
$6,158
18%
$251,031
10%
2015
$5,240
13%
$228,210
10%
2013
$4,646
—
$207,464
10%
2013
$4,646
—
$188,604
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1005 Holly St
1005 Holly Street, Austin, TX 78702 (MLS# 9886791) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1005 Holly Street is currently listed for $875,000 and was received on July 01, 2025. Want to learn more about 1005 Holly Street? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

