$224,990
$50K PRICE DROP

1302 1/2 Walnut Ave Unit 2 Austin, TX 78702

Chestnut Neighborhood

Estimated payment $1,445/month

Total Views 3,517
3 Beds
1 Bath
1,161 Sq Ft
$194 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wooded Lot
  • No HOA
  • Kealing Middle School Rated A
  • Wood Flooring
  • Front Porch

About This Home

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.

Listing Agent

Cederick Harris

Spyglass Realty Brokerage Phone: (512) 436-4979 License #0596976 Listed on: 05/16/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 3,023 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Perimeter Fence
  • Level Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Laundry Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Parking Accessed On Kitchen Level
  • Gravel Driveway
  • Open Parking
  • Outside Parking
  • Off-Street Parking
  • Unassigned Parking

Accessible Home Design

  • No Interior Steps
  • No Carpet

Schools

  • Campbell Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System

Additional Features

  • Front Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Olt 32&33 DIV B Glenwood Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 200425
  • Tax Block 17

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

3,023 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1944
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: 1302 1/2 WALNUT AVE AUSTIN TX 78702
  • Disclosures: Seller Disclosure
  • Fencing: Fenced, Partial, Perimeter, Privacy, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1161
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 436-4979
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9788.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 74.42
  • Current Price By Living Ar: 193.79
  • "Current Price By Original ": 0.82
  • List Price Lot Size Square: 74.42
  • List Price By Living Area: 193.79
  • List Price By Original Lis: 0.82
  • Restrictions: Building Size,City Restrictions,Development Type,Environmental,Zoning
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry,Entry Steps,Single level Floor Plan
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters, No Interior Steps, Primary Bedroom on Main
  • View: None
  • Flooring: No Carpet, Tile, Wood
  • Accessibility Features: None
  • Appliances: Gas Range, Range, Free-Standing Range
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Spa Features: None
  • Window Features: None
  • Laundry Location: In Unit,Inside,Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition, Shingle
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Front Porch, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Hot Water
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: Curbs

Schools

  • Elementary School: Campbell
  • High School: McCallum
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: City Lot, Curbs, Level, Public Maintained Road, Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse
  • Parcel Number: 200425
  • Lot Size Acres: 0.0694
  • Lot Size Sq Ft: 3023.06
  • Subdivision Name: OLT 32&33 DIV B GLENWOOD ADDN

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 17
  • Tax Year: 2026
  • Tax Rate: 1.98000000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,861 $432,971 $200,355 $232,616
2023 $9,788 $562,557 $300,000 $262,557
2022 $10,210 $516,957 $300,000 $216,957
2021 $7,943 $364,905 $200,000 $164,905
2020 $7,763 $361,914 $200,000 $161,914
2018 $6,875 $310,544 $200,000 $110,544
2017 $6,429 $288,277 $160,000 $128,277
2016 $5,205 $233,401 $90,000 $143,401
2015 $4,834 $239,722 $120,000 $121,510
2014 $4,834 $216,303 $120,000 $96,303
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2026 05/29/26 Price Changed $224,990 -8.2% $194 / Sq Ft
05/28/2026 05/28/26 Price Changed $244,990 -2.0% $211 / Sq Ft
05/21/2026 05/21/26 Price Changed $249,990 -9.1% $215 / Sq Ft
05/16/2026 05/16/26 For Sale $275,000 -- $237 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5991485

Unlock MLS (Austin Board of REALTORS®)

APN: 200425

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