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$735,000   Price Analysis
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507 Allen St
Austin, TX 78702
3 bed 2 bath 1,120 SqFt ($656/SqFt)
6,242SqFt lot. Built 1940
Listed 2024-03-28, Taxes $6,593
Ⓧ USDA Ineligible
due to location

near Austin

Location Location Location.

Remarkable investment opportunity. Exceptional property with multiple possibilities for development. Located in the highly sought after East Austin area. This property is a 2 minute drive time to downtown Austin. Conveniently located nearby Grizzeldas, Justine's, Cloud Tree Art Studio/Gallery, Central Machine Wrks, Metro Rail and a 2 minute drive from downtown Austin. The property is zoned SF3, allowing flexibility of land use and in construction and development plans.

This charming home offers 3 bedrooms, 2 bathrooms and an abundance of natural light. This property is also Wheelchair accessible. There is opportunity to rebuild, teardown or add another property on this lot along with this home. The property next door located at 509 Allen St is also for sale. Seller would like to sell both properties at the same time. This would give a investor or developer a chance to design and build brand new dwellings and maximize your investment. Don't miss out on this impressive opportunity!


Presented by Alice Solis at
Pure Realty.
Listing Agent Photo

Property MLS #5245447 from UnlockMLS

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 2
Full Bathrooms: 2

No Interior Steps
Primary Bedroom on Main
Flooring: Carpet, Laminate

Free-Standing Range
Water Heater-Electric
Laundry Features: Laundry Closet

Cooling Features: Central Air, Electric
Heating Features: Central, Natural Gas

Exterior Steps
Fencing: Chain Link, Partial

Lot Description: Back Yard, Front Yard, Interior Lot, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 0.1433
Lot Size Square Feet: 6242

Parking Features: Driveway, Unpaved
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Brooke
High School: Eastside Early College
Middle School: Martin
School District: Austin ISD

Govalle Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Eastside Memorial High School is a public high school located approximately 1.4 miles away.
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Martin Middle School is a public middle school located approximately 1.5 miles away.
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Los Amiguitos is a private elementary school located approximately 1.9 miles away.
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Community Features: Curbs

Annual Tax Amount: 6040.32
Tax Block: 2
Source Listing Status: Active
Tax Exemptions: Disability, Homestead
County: Travis
Directions: Take Cesar Chavez East; Left on Tillery; Right on E. 5th St.; Left on Allen; property is on the right
Tax Year: 2023
Restrictions: City Restrictions, Deed Restrictions
Source Property Type: Residential
Area: 5
Source Neighborhood: Pipkin Add
Ownership Type: Fee-Simple
Parcel Number: 02021406020000
Subdivision: Pipkin Add
Flood Plain: No
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $unknown
$303,507
$6,593
2022$unknown + $unknown
$275,915
$6,606
2021$unknown + $unknown
$250,832
$6,143
2020$unknown + $unknown
$228,029
$5,380
2019$unknown + $unknown
$207,299
$5,008
2018$unknown + $unknown
$188,454
$4,589
2017$unknown + $unknown
$171,322
$4,202
2016$unknown + $unknown
$155,747
$3,933
2014$81,216 + $47,500
$128,716
$3,487
2014$unknown + $unknown
$141,588
$3,369
2013$94,303 + $47,500
$141,803
$3,113
2012$unknown + $unknown
$141,286
$3,378
2011$unknown + $unknown
$128,442
$3,273
2010$unknown + $unknown
$116,765
$2,833
2009$unknown + $unknown
$106,150
$2,543
2008$unknown + $unknown
$96,500
$2,285

Listed 2024-03-28
$735,000
UnlockMLS
Listing removed 2021-09-11
$0
UnlockMLS
Price Changed 2021-06-10
$925,000
UnlockMLS
Listed 2021-02-06
$975,000
UnlockMLS

Total Square Feet Living: 1120
Year Built: 1940
Construction Materials: Frame
Direction Faces: SW
Foundation Details: Pillar/Post/Pier
Levels: One
Living Area Source: Public Records
Property Age: 84
Roof: Composition
Year Built Source: Public Records

Customized Wheelchair Accessible

Sewer: Public Sewer
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.