7 months on rocket

2909 E 5th St, Austin, TX, 78702

$700,000

Home List Price

$8,313*

Closing Credit

2 Bedrooms
1 Full Bath
884 SqFt
$792/SqFt
House
Schools Nearby

Location

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2909 E 5th St, Austin$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1945
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewCity
MLS #1495131
Lot Size0.16 Acres
StatusActive

About 2909 E 5th St

Investor's Dream! This fantastic property comes with a lucrative bonus – it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment​​‌​​​​‌​​‌‌​‌‌​​‌​​​​‌‌​‌​​​​‌​ opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1
  • Living Area: 884 SqFt

Listing Office:

  • Office Name: Keller Williams - Lake Travis
  • Office Phone: (512) 296-4714
  • Listing Agent: Melissa Mandry

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Laminate, Tile, Wood
  • Interior: Main Level Primary, See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: See Remarks

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level, Split Possible, Few Trees
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eastside Memorial High School, Public District Grades 9-12
  • Martin Middle School, Public District Grades 6-8
  • Brooke Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Going east on E 7th St toward Onion St. Turn right onto N Pleasant Valley Rd. Turn left onto E 5th St. 2909 E 5th St, Austin, TX 78702-4816, 2909 E 5TH ST is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $792/SqFt

Tax Information:

  • Annual Amount: $7,206
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

2909 E 5th St vs Austin

231 DAYS ON ROCKET

+185 Days

$700,000

+$131.6K More

$792/SqFt

+$481 More

KEY TAKEAWAY

This property is $131.6K more than the Median Sold Price and $481/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #1495131

Listing Office:

  • Office Name: Keller Williams - Lake Travis
  • Office Phone: (512) 296-4714
  • Listing Agent: Melissa Mandry

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 5/3/2024, 11:22:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,206$323,600
2019$6,940$336,890
2018$6,194$315,313
2017$6,300$279,787

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5621380
4
/10

  • Brooke Elementary School

  • 3100 E 4th St

  • 0.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5621381
2
/10

  • Martin Middle School

  • 1601 Haskell St

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-5621382
4
/10

  • Eastside Memorial High School

  • 1012 Arthur Stiles Rd

  • 1.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,814. The majority of Austin, TX residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2909 E 5th St

What is the listing price of this property?

The listing price of 2909 E 5th St property is $700,000.

What type of property is this?

The property 2909 E 5th St is a house located in Austin, Texas, 78702.

Is this property for sale now?

Active Listing: 2909 E 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2909 E 5th St are:
Brooke Elementary School: GreatSchools Rating 4/10
Martin Middle School: GreatSchools Rating 2/10
Eastside Memorial High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,206 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2909 E 5th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2909 E 5th St is 884 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2909 E 5th St is 1945.

Rocket Homes›Texas›Travis County›Austin›78702›2909 E 5th St

This home is located at 2909 E 5th St in Austin, TX and zip code 78702 in the East neighborhood. This 884 square foot home, which was built in 1945, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $700,000.

While more than 195 listings in Austin, TX in April 2024 were sold above asking price, there were more than 158 listings sold at asking price, and more than 571 were sold below. In April 2024 in Austin, TX there were 18.7% more homes for sale than in March 2024. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

From Rocket Homes Real Estate and based on county public records data.

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