Last list price
1503 E 2nd St Austin, TX 78702
East Cesar Chavez Neighborhood
2
Beds
1
Bath
759
Sq Ft
6,212
Sq Ft Lot
Highlights
- City View
- No HOA
- 1-Story Property
- Austin High School Rated A
- No Interior Steps
- 3-minute walk to Comal Pocket Park
About This Home
As of April 2025Prime Development Opportunity/Liveable existing house! Located in the super hip Near East Austin (2nd/Comal), this 6200+ square foot lot presents an incredible opportunity for homeowners, investors, and developers alike. The existing 759sqft 2/1 and is fully livable as-is, making it a great option for immediate occupancy or rental income. With just a bit of a makeover, it could shine on this spacious lot. The property’s alley access and favorable zoning make it ideal for A/B unit development. Live in the front house while building a new B unit in the back to maximize the property’s value. Alternatively, the lot’s size and location allow for creative redevelopment opportunities to take full advantage of the space and even more potential lies in the City of Austin HOME Initiative, which offers expanded opportunities for density or innovative housing solutions. This property’s unbeatable location near East Austin puts you just a quick walk to downtown, local restaurants/bars/clubs/coffee shops, parks/Town Lake, and all the vibrant culture this area is known for.
Last Agent to Sell the Property
Spyglass Realty Brokerage Phone: (512) 759-0889 License #0553295 Listed on: 01/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,796
Year Built
- Built in 1935
Lot Details
- 6,212 Sq Ft Lot
- North Facing Home
- Partially Fenced Property
- Chain Link Fence
- Level Lot
- Back and Front Yard
- Property is in good condition
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 759 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- City Views
- Gas Range
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 6 Parking Spaces
- Alley Access
Schools
- Sanchez Elementary School
- Martin Middle School
- Austin High School
Additional Features
- No Interior Steps
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Division O Subdivision
Listing and Financial Details
- Assessor Parcel Number 02040611070000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Apr 1, 2025
Sold by
Robledo Cecilia A and Ontiveros Zacharias
Bought by
Alshebani Qaisar and Nekolaichuk Rebecca Lois
Seller's Agent
Pippa Lambert
Spyglass Realty
Buyer's Agent
Jon Chambers
Compass RE Texas, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,784
Avg. Annual Appreciation
-18.43%
Original Mortgage
$487,500
Outstanding Balance
$487,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$122,716
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Austin Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $487,500 | New Conventional | |
| Previous Owner | $598,500 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | -- | -- | -- |
| 02/17/2025 02/17/25 | Price Changed | $600,000 | -11.1% | $791 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $675,000 | -- | $889 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $1,256 | $311,748 | $0 | $0 |
| 2022 | $5,597 | $283,407 | $0 | $0 |
| 2021 | $5,608 | $257,643 | $350,000 | $144,711 |
| 2020 | $5,024 | $234,221 | $350,000 | $106,923 |
| 2018 | $4,286 | $193,571 | $300,000 | $80,137 |
| 2017 | $3,924 | $175,974 | $275,000 | $83,909 |
| 2016 | $3,568 | $159,976 | $200,000 | $113,391 |
| 2015 | $510 | $145,433 | $200,000 | $102,488 |
| 2014 | $510 | $132,212 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Pippa Lambert
Seller's Agent in 2025
Pippa Lambert
Spyglass Realty
(512) 296-9541
1 in this area
47 Total Sales
-
Jon Chambers
Buyer's Agent in 2025
Jon Chambers
Compass RE Texas, LLC
(512) 497-9758
2 in this area
72 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2329385
APN: 191868
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