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1105 E 3rd Street

Austin, TX 78702
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Bed 5

Bed

Bath 3

Bath

SqFt1,617

Sqft

Acres0.13

Acre(Lot)

Exceptional redevelopment opportunity in the heart of downtown Austin, where location, flexibility, and future potential come together. With Austin's HOME Phase 1 and Phase 2 ordinances now in effect, this property presents an outstanding opportunity for investors, builders, and developers seeking to maximize one of the city's most desirable urban locations.Situated on a single parcel, the property currently features two residences: a front home of approximately 1,617 sqft and a detached 300 sqft efficiency apartment. Both units are vacant, providing buyers with the rare advantage of immediate possession whether the plan is to renovate, lease, occupy, or begin redevelopment without the delays and complications of existing tenants. The fully fenced property offers gated access from both the front and rear, creating secure on site parking and convenient access for future redevelopment. The current owner has commissioned architectural plans envisioning a potential 3 unit redevelopment or alternatively, plans to renovate, expand vertically, or reimagine the current improvements to suit a variety of investment strategies. With both dwellings vacant, investors also have the flexibility to complete updates and immediately establish market rate rental income. Buyers are encouraged to conduct their own due diligence regarding development potential, permitting, and applicable city regulations. Located just minutes from Rainey Street, Lady Bird Lake, downtown Austin, acclaimed restaurants, entertainment, shopping, and major employers, this property offers the rare combination of redevelopment flexibility, immediate usability, and long term appreciation potential in one of Austin's most sought-after neighborhoods. Whether you're looking to renovate, redevelop, or build from the ground up, this is a rare chance to capitalize on location, density potential, and long-term upside in one of Austin's most desirable urban cores.

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Detail Ic Property Details

Property Type : Residential

Price : $899,000

AD Id : 88104030

MLS Id : 2832948

Beds : 5

Lot Size : 0.13 Acre

Living Area Size : 1,617

Year Built : 1952

County : Travis

Subdivision: Shelley N G

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Composition

    Flooring Information

    Carpet, Laminate, Tile
  • Interior Features

    CeilingFans, KitchenIsland, MainLevelPrimary, RecessedLighting, TileCounters
    Roof: Composition
    Appliances: WasherDryerStacked, Dishwasher, FreeStandingGasOven, Disposal, Microwave, Refrigerator, SeeRemarks
    Laundry Features: InBathroom, InKitchen, MainLevel, SeeRemarks, WasherHookup, DryerHookup, ElectricDryerHookup, Stacked
  • Heating & Cooling

    Heating: Central, SeeRemarks, WallFurnace Has Cooling: Yes

  • Building Information

    Year Built: 1952
    Construction Materials: BrickVeneer, VinylSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: None
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.134 Lot Size Acres: 0.134 Lot Description: Alley,NearPublicTransit

    Property Information

    Subdivision: Shelley N G Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Levels: One Property Age: 74

  • Listing Price Information

    Listing Price: $899000
    Cash, Conventional

  • Tax Information

    Parcel Number: 191737 Tax Lot: 3 Tax Block: 2 Tax Year: 2025 Annual Tax: $15419 Tax Legal Desc: LOT 3 & E 14.25FT OF LOT 2 BLK 2 OLT 18 DIV O SHELLEY N G SUBD

  • School Information

    Elementary School: Barton Hills Junior High School: Lively Senior High School: Travis
  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: I35, East on 1st/Cesar Chavez, Left on Medina, left on 3rd, house is on left side of street WaterSource: Public, SeeRemarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3608 Thompson Street #1, Austin, TX, 78702 $899,000 4 4 2,295 2,295 SqFt
902 Mansell Avenue, Austin, TX, 78702 $650,000 3 2 1,636 1,636 SqFt
1122 Gunter Street, Austin, TX, 78702 $525,000 2 1 940 940 SqFt
3311 Bengston Street, Austin, TX, 78702 $375,000 3 2 1,300 1,300 SqFt
3302 Goodwin Avenue #A, Austin, TX, 78702 $850,000 3 3 2,172 2,172 SqFt
3206 Goodwin Avenue, Austin, TX, 78702 $449,000 3 1 1,353 1,353 SqFt
604 Springdale Road, Austin, TX, 78702 $525,000 3 2 1,282 1,282 SqFt
4704 Gonzales Street, Austin, TX, 78702 $505,000 3 1 1,152 1,152 SqFt
3303 Thompson Street, Austin, TX, 78702 $399,900 3 2 988 988 SqFt
3409 Neal Street #2, Austin, TX, 78702 $525,000 2 3 1,092 1,092 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/18/2026 @ 10:51

MLS: 2832948 LISTED BY: Brandy Wuensch, City View Realty 512-917-3679 SOURCE: ACTRIS

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