Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$722,000

1906 E 2nd St, Austin, TX, 78702

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,760.98 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesSee Remarks
FlooringSee Remarks

Exterior

Exterior FeaturesNone
Lot Size6,390 sqft

Building Information

Year Built1938
Stories1
Roof Type105

Land Information

APN02030901100000
Lot Number3
SubdivisionFair Grounds Addn
Land UseResidential
Legal DescriptionLOT 3 BLK 5 OLT 23-24 DIV O FAIR GROUNDS ADDN
Census Tract000902
Assessed Land Value$456,765
Assessed Improvement Value$58,285
Assessment Year2025

About this property

Create something extraordinary in the heart of East Austin. Located in the sought-after Holly neighborhood, this flat, cleared, buildable lot offers a rare opportunity for a custom home, new construction project or investment property in one of Austin’s most vibrant urban communities. Surveys are available, and potential downtown Austin views may be enjoyed from a future second or third story—see photos. Imagine mornings fueled by coffee at Flat Track, afternoons along the Lady Bird Lake Hike-and-Bike Trail and evenings exploring the acclaimed restaurants, cocktail bars and creative spaces that define the East Side. Whole Foods Market, Chalmers, Mr. Natural, JuiceLand, Heywood Hotel, Casa Bianca and Suerte are all nearby, while Downtown Austin, the Rainey Street District and Waller Creek Greenbelt are easily accessible. Set on a quieter stretch of the street, the property offers a welcome sense of separation without giving up the energy and convenience of central Austin living. Whether you envision a modern architectural statement, a warm contemporary retreat or your quintessential Austin home, this vacant residential lot provides a compelling canvas in an established, highly desirable location. Opportunities to purchase a cleared lot this close to downtown are increasingly rare. Bring your architect, builder and vision—and create a home that puts the best of East Austin just beyond your doorstep. Buyer to independently verify zoning, development requirements, utilities, building plans and view potential with the City of Austin and appropriate professionals.

Investor Tools

$374,486Estimated Mortgage Balance
$140,564Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,332 /month
Positive
Cash Flow Estimate:
$1,444 /month

Interested in this property?

Abby Alwan

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,366
$515,050
2025
$456,765
$58,285
$515,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,366
$515,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$425,000
No
First
Aug 26, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,486
$140,564
27%
73%
$2,549/mo

City: Austin

1906 E 2nd St | Property Details | No Agent List