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$224,990 -$20,000 (-8.16%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,161 Sq. Ft.
  • 0.0694 Acres
  • Updated 3 days ago
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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.

Full Property Details for 1302 1/2 Walnut Ave E #2

General

  • Price: $224,990
  • Taxes: (2026)
  • Status: Active
  • Type: Single Family
  • Source: Austin_MLS
  • MLS ID: 5991485
  • Updated: 5/29/2026
  • Added to Site: 16 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Laminate Counters, Main Level Primary, No Interior Steps
  • Appliances: Free-Standing Range, Gas Range, Range
  • Flooring: Carpet Free, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Other Rooms

  • Laundry: Inside, Main Level, Laundry Room, In Unit, Washer Hookup, Electric Dryer Hookup

Additional Information

  • Shared Amenities: Curbs
  • Spa Description: None
  • Security/Safety: None

Exterior

  • Exterior Features: Exterior Steps
  • Porch/Patio/Deck: Front Porch, Porch

Parking

  • Total Spaces: 2
  • Parking Features: Common, Driveway, Gravel, Kitchen Level, Open, Off Street, Outside, Unassigned

Location

  • Area: 5
  • County: Travis
  • Subdivision: OLT 32&33 DIV B GLENWOOD ADDN
  • Driving Directions: 1302 1/2 WALNUT AVE AUSTIN TX 78702
  • Direction Faces: East

School Information

  • Elem School District: Austin ISD
  • Midd School District: Austin ISD
  • High School District: Austin ISD
  • Elementary School: Campbell
  • Middle School: Kealing
  • High School: McCallum

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating Type: Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Wood Siding
  • Roof: Composition, Shingle
  • Windows: None
  • Stories/Levels: 1
  • Square Feet: 1,161
  • Sq. Ft. Source: Public Records
  • Living Area: 1,161 Sq. Ft.
  • Year Built: 1944
  • Year Built Source: Public Records
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.0694
  • Lot Size (Sq. Ft.): 3,023.06
  • Fence: Yes
  • Lot Features: City Lot, Level, Moderate Trees, Many Trees, Few Trees, Trees Medium Size, Trees Small Size
  • Fencing (Description): Fenced, Perimeter, Partial, Privacy, Wood

Financial Considerations

  • Assessment Amount: $420,346
  • Tax Year: 2026
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Aerial
  • Legal Description: W 1/2 OF LOT 5 BLK 17 OLT 32&33 DIV B GLENWOOD ADDN
  • Disclosures/Reports: Seller Disclosure
  • Property ID: 200425
  • Block: 17
  • Lot Number: 5

Listed by Spyglass Realty

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Listing agent

— 1302 1/2 Walnut Ave E #2 —

  • Spyglass Realty

(512) 436-4979

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1302 1/2 Walnut Ave E #2

School District:Austin Independent School District
NameGradesDistance
Campbell Elementary School, Austin, TX
2613 Rogers Avenue, Austin, TX 78722
PK-50.4 mi
Kealing Middle School
1607 Pennsylvania Avenue, Austin, TX 78702
6-80.6 mi
Mccallum High School
5600 Sunshine Drive, Austin, TX 78756
9-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1302 1/2 Walnut Ave E #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$224,990
-8.16%
MLS
5/28/2026
Price Reduced
$244,990
-2%
MLS
5/21/2026
Price Reduced
$249,990
-9.09%
MLS
5/16/2026
Listed
$275,000
—
MLS
Get Price Alerts and Save Property
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 for 1302 1/2 Walnut Ave E #2

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,861
-9%
$432,971
-12%
2024
$9,788
100%
$493,878
-12%
2022
100%
$562,557
9%
2022
100%
$516,957
42%
2021
-100%
$364,905
1%
2020
$8,059
4%
$361,914
—
2020
$7,763
14%
$361,914
17%
2018
$6,821
31%
$310,544
8%
2016
$5,205
-14%
$288,277
24%
2017
$6,077
10%
$233,401
-3%
2015
$5,504
7%
$239,722
11%
2014
$5,148
19%
$216,303
23%
2013
$4,318
—
$175,280
—
View All
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 for 1302 1/2 Walnut Ave E #2

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Spyglass Realty

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1302 1/2 Walnut Avenue E #2, Austin, TX 78702 (MLS# 5991485) is a Single Family property with 3 bedrooms and 1 full bathroom. 1302 1/2 Walnut Avenue E #2 is currently listed for $224,990 and was received on May 16, 2026. Want to learn more about 1302 1/2 Walnut Avenue E #2? 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.

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