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$699,500
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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.
Full Property Details
Full Property Details for 1614 Holly St
General
- Price: $699,500
- Taxes: $11,036 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7429541
- Updated: 9/22/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Main Level Primary, Multiple Primary Suites, Multiple En Suite Bathrooms
- Appliances: Built-In Range, Built-In Gas Range
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: None
- Security/Safety: Fire Alarm
Exterior
- Exterior Features: Private Entrance, Private Yard
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 2
- Parking Features: Additional Parking
Location
- Area: 5
- County: Travis
- Subdivision: Riverside
- Driving Directions: Drive east on East 7th St. Right to Comal St. Turn left. Property is on the right.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Zavala
- Middle School: Martin
- High School: Eastside Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Roof: Composition, Shingle
- Windows: Shutters
- Stories/Levels: 1
- Square Feet: 898
- Sq. Ft. Source: Public Records
- Living Area: 898 Sq. Ft.
- Year Built: 1946
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Garden
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Fence: Yes
- Lot Features: Alley, City Lot, Level
- Fencing (Description): Back Yard
Financial Considerations
- Assessment Amount: $506,630
- Tax Amount: $11,036
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: W38 FT OF LOT 14 *& E12 FT OF LOT 15 BLK 7 OLT 47 DIV O RIVERSIDE
- Disclosures/Reports: None
- Property ID: 2020701180000
- Block: 7
- Lot Number: 14
Listed by Beycome Brokerage Realty LLC
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Schools
Schools serving 1614 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 | 0.4 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 0.1 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 1.6 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 1614 Holly St
Date
Details
Price
Change
Source
9/22/2026
Listed
$699,500
—
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 1614 Holly St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,036
6%
$539,267
-11%
2024
$10,405
406%
$605,461
-8%
2022
$2,058
—
$657,519
-10%
2022
$2,058
-1%
$733,631
99%
2021
$2,084
-72%
$367,885
10%
2020
$7,447
4%
$334,441
10%
2020
$7,173
18%
$304,037
10%
2018
$6,071
19%
$276,397
10%
2016
$5,094
-9%
$251,270
10%
2017
$5,604
18%
$228,427
10%
2015
$4,768
13%
$207,661
10%
2013
$4,227
—
$188,783
10%
2013
$4,227
—
$171,621
—
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 1614 Holly St
1614 Holly Street, Austin, TX 78702 (MLS# 7429541) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1614 Holly Street is currently listed for $699,500 and was received on September 22, 2026. Want to learn more about 1614 Holly Street? Do you have questions about finding other Single Family real estate for sale in East Cesar Chavez? You can browse all East Cesar Chavez real estate or contact a Coldwell Banker agent to request more information.

