Active

1614 Holly Street

Austin, TX 78702
Mark as Favorite
Bed 2

Bed

Bath 2

Bath

SqFt898

Sqft

Acres0.14

Acre(Lot)

Fully Renovated East Austin Property | Income Today + Development Upside Rare opportunity to own a fully renovated 2-bedroom, 2-bath home in one of Austin's most desirable and rapidly evolving areas. The property provides an attractive combination of immediate income, future development potential, and long-term land play. The home is currently occupied by a month-to-month tenant who is willing to sign a long-term lease, giving the next owner flexibility to either maintain the current arrangement or lock in longer-term rental income, making this a terrific covered land play opportunity. The real value is in the land and optionality. Based on current development plans, there is potential to add two additional units in the rear of the property, creating an opportunity to increase density a nd rental income while retaining the existing renovated home. For an investor, this is a compelling land-covered investment: collect income from a fully improved property today while maintaining multiple paths for future value creation. Keep the existing tenant on a long-term lease, pursue the addition of two additional units, or simply hold the property for potential long-term land appreciation. Highlights include: fully renovated home, 2 bedrooms and 2 bathrooms, existing month-to-month tenant willing to sign a long-term lease, immediate rental income, potential for two additional units, and significant long-term redevelopment optionality. A unique opportunity to acquire a cash-flowing property with embedded development potential in Austin. Buyer to independently verify zoning, development potential, permitting requirements, and ability to construct additional units.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential

Price : $699,500

AD Id : 91421033

MLS Id : 7429541

Beds : 2

Lot Size : 0.14 Acre

Living Area Size : 898 Sq. Ft

Tax Amount : $11,036

Year Built : 1946

County : Travis

Subdivision: Riverside

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Composition, Shingle

    Flooring Information

    Laminate
  • Interior Features

    MainLevelPrimary, MultiplePrimarySuites, MultipleEnSuiteBathrooms
    Roof: Composition, Shingle
    Appliances: BuiltInRange, BuiltInGasRange
    Laundry Features: InKitchen
  • Heating & Cooling

    Heating: Central Has Cooling: Yes

  • Building Information

    Year Built: 1946
    Construction Materials: Frame, WoodSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: City, Garden
  • Exterior Features

    Exterior Features: PrivateEntrance, PrivateYard

  • Lot Information

    Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Description: Alley,CityLot,Level

    Property Information

    Subdivision: Riverside Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: East Levels: One Property Age: 80

  • Listing Price Information

    Listing Price: $699500
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 02020701180000 Tax Lot: 14 Tax Block: 7 Tax Year: 2025 Annual Tax: $11036 Tax Legal Desc: W38 FT OF LOT 14 *& E12 FT OF LOT 15 BLK 7 OLT 47 DIV O RIVERSIDE

  • School Information

    Elementary School: Zavala Junior High School: Martin Senior High School: Eastside Early College
  • Utility Information

    AboveGroundUtilities
  • Location Information

    Direction: Drive east on East 7th St. Right to Comal St. Turn left. Property is on the right. WaterSource: Public
Sell a home like this and save $41,471 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
920 Shady Lane, Austin, TX, 78702 $975,000 6 3 2,774 0.72 Acre
901 Shady Lane, Austin, TX, 78702 $1,175,000 3 3 1,819 0.16 Acre
4705 Bolm Road, Austin, TX, 78702 $895,000 2 4 1,515 0.27 Acre
4701 Bolm Road, Austin, TX, 78702 $995,000 3 4 1,881 0.27 Acre
910 Chote Avenue, Austin, TX, 78702 $1,695,000 6 5 3,758 0.27 Acre
3608 Thompson Street #1, Austin, TX, 78702 $899,000 4 4 2,295 0.24 Acre
1127 Gunter Street #1, Austin, TX, 78702 $950,000 3 4 2,416 0.14 Acre
3206 Goodwin Avenue, Austin, TX, 78702 $424,900 3 1 1,198 0.13 Acre
3201 Kay Street, Austin, TX, 78702 $700,000 4 2 2,006 0.17 Acre
4708 Gonzales Street #1, Austin, TX, 78702 $1,175,000 4 4 2,325 0.18 Acre

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 09/27/2026 @ 23:17

MLS: 7429541 LISTED BY: Steven Koleno, Beycome Brokerage Realty LLC 804-656-5007 SOURCE: ACTRIS

Homes around $699,500

Selling? Save $41,471 when you sell a home like this

Tour with a ByOwner Agent