1302 1/2 Walnut Ave Unit 2 Austin, TX 78702
Chestnut NeighborhoodEstimated payment $1,445/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®)
MLS Number: 5991485
APN: 200425
- 1200 Walnut Ave
- 2602 E 13th St
- 2700 E 12th St
- 1309 Cedar Ave Unit A
- 1310 Cedar Ave
- 1407 Cedar Ave Unit 2
- 1206 Maple Ave
- 1176 Graham St
- 1600 Walnut Ave
- 1608 Ulit Ave Unit A
- 1601 Miriam Ave Unit 216
- 1604 Miriam Ave
- 1605 Maple Ave
- 2204 E 13th St Unit A and B
- 1199 Coleto St
- 1178 Bedford St
- 2503 E 18th St
- 1709 Maple Ave Unit 2A
- 1183 Coleto St
- 1804 Walnut Ave
- 1208 Walnut Ave Unit 2
- 1189 Graham St
- 1702 Singleton Ave Unit A
- 1702 Singleton Ave Unit A
- 2921 E 17th St
- 2906 E 12th St
- 2206 Pennsylvania Ave Unit A
- 2206 Pennsylvania Ave
- 1709 Maple Ave Unit 2B
- 1707 Chestnut Ave
- 2921 E 14th St
- 2103 E 16th St Unit Annex
- 2917 E 16th St
- 2105 E 17th St
- 2921 E 12th St Unit E
- 1809 Chestnut Ave Unit 2
- 1809 Chestnut Ave Unit 1
- 2928 E 12th St
- 2115 E 18th St Unit A
- 2115 E 18th St Unit A
Ask me questions while you tour the home.