Active

1105 E 3rd Street

Austin, TX 78702

$925,000 $3,899/Mo

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Overview

Bed

Bath

1,617

Sqft

0.13

Acre(Lot)

Description

Exceptional redevelopment opportunity in the heart of downtown Austin. With HOME Phase 1 and 2 already passed, this property is primed for development or expansion. The single parcel currently features two income-producing dwellings: a front house of approximately 1,617 sq ft and a detached 300 sq ft efficiency unit, both currently rented. The property offers a fully fenced perimeter for privacy and security, with gated access at both the front and rear, allowing for secure on-site parking and flexible access. The owner has commissioned architectural plans for a full redevelopment consisting of two townhomes with garages plus one single-family residence, allowing for a total of three new units. The lot may be fully scraped and rebuilt, or alternatively, the existing front home can be exp anded vertically or reconfigured to maximize value. Ideally located just minutes from Rainey Street, downtown dining, nightlife, and Austin’s most popular hotspots. Tree Survey and Zonability Report available. A rare opportunity to capitalize on location, density, and long term upside in one of Austin’s most desirable urban cores.

Property Details

Property Type : Residential

Price : $925,000

AD Id : 75058097

MLS Id : 7444062

Beds : 5

Lot Size : 0.13 Acre

Living Area Size : 1,617

Year Built : 1952

County : Travis

Subdivision: Shelley N G

Map

What's Nearby

Nearby Areas

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: $925000

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

Virtual Tour

Virtual Tour (External Link)

Parking Information

AlleyAccess, Carport, OffStreet

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
1000 Gullett Street #2, Austin, TX, 78702	$825,000	2	2	1,278	1,278 SqFt
4713 Bolm Road, Austin, TX, 78702	$1,370,000	4	4	2,072	2,072 SqFt
1122 Gunter Street, Austin, TX, 78702	$500,000	2	1	940	940 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	$405,000	3	2	988	988 SqFt
3509 Lyons Road, Austin, TX, 78702	$399,000	2	1	1,208	1,208 SqFt
2812 Oak Springs Drive #2, Austin, TX, 78702	$535,000	2	3	1,089	1,089 SqFt

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ByOwner last updated this listing 06/04/2026 @ 17:58

MLS: 7444062 LISTED BY: Brandy Wuensch, City View Realty 512-917-3679 SOURCE: ACTRIS