1507 1/2 Holly ST, Austin TX 78702
Austin, TX 78702 · Free & Williams
Single Family Residence for sale in Free & Williams
Overview
Property Description
Rare East Austin redevelopment opportunity approximately one mile east of Downtown Austin and 0.6 mile from the Lady Bird Lake hike-and-bike trail. The approximately 6,500-square-foot lot offers both street frontage and rear-alley access—an especially attractive configuration for creating distinct entrances, parking and greater privacy between residences in a potential A/B-style development. CS-MU-CO-NP zoning supports a range of residential possibilities, including single-family, duplex/two-family, condominium and other residential configurations, with a maximum building height of 40 feet. Preliminary title work is complete, with no recorded easements specifically listed in the title commitment. Existing city utility connections and a remaining heritage tree positioned near the lot perimeter further enhance the site’s development potential. Minutes from Lady Bird Lake, Downtown, Rainey Street, East Cesar Chavez dining and Austin-Bergstrom International Airport.
Financial Info
- Price
- $550,000
- $ / Sqft
- $573
- HOA
- None
- Tax Rate
- 2.179%
- Est. Taxes
- $14,067.07
- Tax Year
- 2026
- Exemptions
- Disability, Homestead
Legal Info
- Address
- 1507 1/2 Holly ST
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78702
- Subdivision
- Free & Williams
- Legal Description
- LOT 11 BLK B OLT 57 DIV O FREE & WILLIAMS SUBD
- Parcel
- 02020509110000
Interior Features
- Floor
- See Remarks
- Num Living
- 1
- Dining
- 1
- Appliances
- See Remarks
- Laundry
- Outside
- Master Main
- Yes
- Interior Features
- See Remarks, None, Vinyl Windows
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1935 / Tear Down
- Square Feet
- 960 / Public Records
- Garage Desc
- Gravel
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Construction
- Frame
- Acres
- 0.15
- Lot Description
- Alley Access, City Lot, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- City Restrictions, Zoning
- Flood Plain
- See Remarks
- View
- City
- Water Access
- No
- Waterfront
- No
- Area
- 5
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Heat
- Central, Natural Gas
- A C
- Central Air
Exterior Features
- Fence
- Chain Link
- Exterior Features
- None, Covered, Front Porch
- Pool On Property
- No
- Area Amenities
- See Remarks
Rooms
Main level
- Living Room
- Kitchen
- Bedroom
- Bedroom
- Bathroom
- Bedroom
Price history
No price or status changes recorded yet.
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Sanchez
- Middle
- Kealing
- High
- Austin
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$4,411 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $4,411
- Principal & interest
- $2,781
- Property taxes
- $1,172
- Homeowners insurance
- $458
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $440,000 | $4,918 | $28,455 | $435,082 | |
| 2 | $435,082 | $5,247 | $28,126 | $429,835 | |
| 3 | $429,835 | $5,599 | $27,774 | $424,236 | |
| 4 | $424,236 | $5,974 | $27,399 | $418,262 | |
| 5 | $418,262 | $6,374 | $26,999 | $411,888 | |
| 6 | $411,888 | $6,801 | $26,573 | $405,088 | |
| 7 | $405,088 | $7,256 | $26,117 | $397,831 | |
| 8 | $397,831 | $7,742 | $25,631 | $390,089 | |
| 9 | $390,089 | $8,261 | $25,113 | $381,829 | |
| 10 | $381,829 | $8,814 | $24,559 | $373,015 |
- Year 1$435,082
- Principal paid
- $4,918
- Interest paid
- $28,455
- Starting balance
- $440,000
- Year 2$429,835
- Principal paid
- $5,247
- Interest paid
- $28,126
- Starting balance
- $435,082
- Year 3$424,236
- Principal paid
- $5,599
- Interest paid
- $27,774
- Starting balance
- $429,835
- Year 4$418,262
- Principal paid
- $5,974
- Interest paid
- $27,399
- Starting balance
- $424,236
- Year 5$411,888
- Principal paid
- $6,374
- Interest paid
- $26,999
- Starting balance
- $418,262
- Year 6$405,088
- Principal paid
- $6,801
- Interest paid
- $26,573
- Starting balance
- $411,888
- Year 7$397,831
- Principal paid
- $7,256
- Interest paid
- $26,117
- Starting balance
- $405,088
- Year 8$390,089
- Principal paid
- $7,742
- Interest paid
- $25,631
- Starting balance
- $397,831
- Year 9$381,829
- Principal paid
- $8,261
- Interest paid
- $25,113
- Starting balance
- $390,089
- Year 10$373,015
- Principal paid
- $8,814
- Interest paid
- $24,559
- Starting balance
- $381,829
Nearby
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.