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1511 Holly St, Austin, TX 78702

$899,000

2 bd · 1 ba · 550 sqft

1511 Holly St, Austin, TX 78702

1511 Holly St, Austin, TX 78702 is a 2-bedroom, 1-bathroom single family residence listed at $899,000 ($1635/sqft). 550 sqft. Built in 1930. Located in East Austin, Austin TX. Priced 222% above the East Austin median of $507/sqft. MLS #5546923. Listed by LPT Realty, LLC.

Property Overview

This corner lot on Holly Street represents a rare land opportunity in East Austin's rapidly transforming Holly District, where historic character meets explosive development potential. Situated on 6,246 square feet with side driveway and alley access, the property's true value lies in its versatile zoning that permits single-family, mixed-use, and commercial development. The original 1930s pier-and-beam residence remains livable in its current condition, offering investors flexibility to occupy, lease, or redevelop according to their vision. Minutes from downtown Austin and surrounded by the neighborhood's thriving restaurant scene, craft breweries, and vibrant arts community, this location captures the essence of East Austin's cultural renaissance.

The Holly District continues to attract both preservation-minded buyers and forward-thinking developers seeking authentic neighborhood bones with growth potential. This property's proximity to established galleries, emerging eateries, and the area's culturally diverse community makes it exceptionally positioned for appreciation. Investors should conduct independent verification with the City of Austin regarding development feasibility and obtain a survey to fully understand site parameters. Sold as-is with no repairs, this represents a compelling acquisition for those seeking to shape Austin's next chapter in one of the city's most dynamic neighborhoods.

Agent Description

Excellent investment opportunity in the highly desirable Holly District, minutes from downtown! Property sits on a prime corner lot with a side driveway and alley access along the back of the property. The pier and beam house is in its original condition and is livable, however the value is in the land. This lot is zoned for single family, mixed use, & commercial, making the possibilities limitless for investors. Buyer to verify all information independently and verify with COA on development questions. Buyer pays for survey, no repairs, sold as-is.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $1635/sqft, this listing is priced 222% above the East Austin median of $507/sqft.

Property Details

Property TypeSingle Family Residence
Year Built1930
Bedrooms2
Bathrooms1
Living Area550 sqft
Lot Size6,247 sqft
Price / Sqft$1,635
StoriesOne
ConditionTear Down
SubdivisionFree & Williams
CountyTravis
MLS Area5
ListedJun 9, 2025
MLS #5546923
Listed ByLPT Realty, LLC

Interior

FlooringLaminate
Interior FeaturesCeiling Fan(s), Primary Bedroom on Main
Main-Level Bedrooms2

Systems & Utilities

UtilitiesElectricity Connected, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Water SourcePublic
SewerPublic Sewer
Energy EfficientOther/See Remarks

Exterior & Lot

FoundationPillar/Post/Pier
Exterior FeaturesLighting
Patio & PorchFront Porch
FencingFenced, Front Yard, Perimeter
Lot FeaturesAlley, Back Yard, Corner Lot, Front Yard, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
ViewCity, Trees/Woods
FacesNorth

Parking

Parking Spaces4
Parking FeaturesAlley Access, Driveway

Community & HOA

HOANo
Community FeaturesCurbs, Lake, Restaurant, Sidewalks, Street Lights, Trail(s)

Assigned Schools

ElementarySanchez
MiddleMartin
HighAustin
DistrictAustin ISD

Taxes & Legal

Tax Year2025
Annual Tax$10,719
Assessed Value$556,780
Parcel #02020509130000
Legal DescriptionLOT 13 BLK B OLT 57 DIV O FREE & WILLIAMS SUBD
FEMA Flood PlainNo
In ETJNo
DisclosuresLead Base Paint Addendum, Seller Disclosure
Listing ConditionsStandard

Listing data last updated:

Frequently Asked Questions

What is the listing price of 1511 Holly St, Austin, TX 78702?

This property is listed at $899,000, which is $1635 per square foot. That is 222% above the East Austin area median of $507/sqft.

How many bedrooms and bathrooms does 1511 Holly St, Austin, TX 78702 have?

This home has 2 bedrooms and 1 bathroom, with 550 square feet of living space.

When was 1511 Holly St, Austin, TX 78702 built?

This property was built in 1930, making it 96 years old.

What neighborhood is 1511 Holly St, Austin, TX 78702 in?

This property is in East Austin, Austin, TX. The area is known for thriving arts scene, top restaurants & breweries, historic homes.

How long has 1511 Holly St, Austin, TX 78702 been on the market?

This listing has been on the market for 429 days.

What type of property is 1511 Holly St, Austin, TX 78702?

This is a Single Family Residence on a 6,246.5 sqft lot.

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