Just Listed
Address
1614 Holly St, Austin, TX
Price
$ 699,500
Property Attributes
- MLS#7429541
- TypeSingle Family
- Listing Status Active
- CountyTRAVIS
- CityAustin
- Area5
- NeighborhoodRiverside
- Zip78702
- StyleSingle Family Residence
- Year Built1946
- Taxes$ 11036
- Price$ 699,500
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage898
- Lot Size0.14 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Zavala Elementary School | Martin Middle School | Eastside Early College High School |
| Price History | |
|---|---|
| 9/22/2026 | Listed $699,500 |
General Features
| Living Area | 898 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Above Ground |
| Roof | Composition,Shingle |
| Appliances | Built-In Gas Range,Built-In Range |
| Patio/Porch Features | Porch |
| Pool Features | None |
| Security Features | Fire Alarm |
| Construction Materials | Frame,Wood Siding |
| Year Built | 1946 |
| View | City,Garden |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | Accessible Approach with Ramp |
| County | Travis |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Energy Efficient | None |
| Subdivision Name | Riverside |
| Facing Direction | East |
| Green Sustainability | None |
| Other Structures | None |
| Full Baths | 2 |
| Status | Active |
| Directions | Drive east on East 7th St. Right to Comal St. Turn left. Property is on the right. |
| High School | Eastside Early College |
| City | Austin |
| Disclosures | None |
| MLS Area | 5 |
| Lot Size Square Feet | 6098.4 |
| Elementary School | Zavala |
| Tax Annual Amount | 11036 |
| Middle/Junior High School | Martin |
| Property Condition | Resale |
| Standard Status | Active |
| Year Built Source | Owner |
| Tax Assessed Value | 506630 |
Interior Features
| Interior Amenities | Two Primary Baths,Two Primary Suties,Primary Bedroom on Main |
|---|---|
| Flooring | Laminate |
| Window Features | Shutters |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Private Entrance,Private Yard |
|---|---|
| Fencing | Back Yard |
| Parking Features | Additional Parking |
| Lot Features | Alley,City Lot,Level,Public Maintained Road |
| Water Source | Public |
| Total Parking | 2 |
| Foundation Details | Slab |
| Lot Size Acres | 0.14 |
| Waterfront Y/N | No |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78702
Price
Taxes
Year Built
Austin Board of REALTORS® Copyright ©2026 All rights reserved.
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
