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ActiveMLS #4719275

2607 E 5th ST, Austin TX 78702

Austin, TX 78702 · Chernosky M E

Single Family Residence for sale in Chernosky M E

1Bedrooms
0 full / 1 halfBathrooms
2,348Square Ft
0.12Acres
4Garage
1945Year Built
Price Reduced
1 / 28
$799,000$998,000
3D tour

Overview

Property Description

2607 E 5th St included: COMMERCIAL/RESIDENTIAL- This unique property offering encompasses two adjacent lots strategically situated in one of Austin's most vibrant neighborhoods. With a blend of commercial and residential potential, this combined listing presents an exceptional opportunity for investors, developers, or business owners looking to capitalize on Austin's thriving real estate market. **Investment Highlights:** - Both properties are located in a rapidly developing area with increasing demand for mixed-use spaces. - Opportunity to create a synergistic environment by combining commercial and residential sectors. - Close to major highways and public transportation, ensuring easy access for customers and residents alike. - A short distance from downtown Austin, providing additional appeal to businesses seeking to attract urban clientele. Don’t miss your chance to acquire this versatile property package that effortlessly merges commercial potential with desirable residential living. Whether you’re looking to expand your investment portfolio or open a new venture in the heart of Austin, these properties offer unmatched opportunities in a dynamic market.

Financial Info
Price
$799,000
$ / Sqft
$340
HOA
None
Tax Rate
1.81%
Est. Taxes
$12,550.73
Tax Year
2024
Exemptions
None
Legal Info
Address
2607 E 5th ST
County
Travis
City
Austin
State
TX
Zip
78702
Subdivision
Chernosky M E
Legal Description
N67.55 FT OF LOT 9 BLK 5 OLT 11 DIV O CHERNOSKY M E
Parcel
02021109040000
Interior Features
Floor
Carpet, Laminate
Num Living
1
Dining
0
Appliances
Gas Cooktop
Laundry
In Kitchen
Master Main
Yes
Interior Features
Ceiling Fan(s), High Speed Internet, 24 Hour Security, Security Fence, Security Service, Security System Owned, Blinds
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
0 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1945 / Resale
Square Feet
2,348 / Public Records
Garages
4
Garage Desc
Asphalt, Concrete
Foundation
Slab
Roof
Composition
Construction
Block, Cement Siding
Acres
0.12
Lot Description
City Lot
Restrictions
City Restrictions
Flood Plain
No
View
Skyline
Water Access
No
Waterfront
No
Area
5
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Fiber, Natural Gas Available, Sewer Available, Water Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Chain Link
Exterior Features
Private Yard, Covered
Pool On Property
No
Area Amenities
None

Rooms

Rooms3 rooms

Main level

  • Kitchen

    High Ceilings

  • Primary Bedroom

    Ceiling Fan(s)

  • Bathroom

    See Remarks

Price history

Members only
Days on market
−$199,000 (−19.9%)
$998,000 → $799,000
15
Price reductions
Active
Since Feb 17, 2025
Price trend
List priceFeb 2025Sep 2026
Property history16 events
DateEventPriceChange
Sep 8, 2026Price Decrease$799,000−$30,732 (−3.7%)
Mar 24, 2026Price Decrease$829,732−$10,000 (−1.2%)
Mar 20, 2026Price Decrease$839,732−$10,000 (−1.2%)
Mar 13, 2026Price Decrease$849,732−$10,000 (−1.2%)
Mar 9, 2026Price Decrease$859,732−$10,000 (−1.1%)
Mar 2, 2026Price Decrease$869,732−$10,000 (−1.1%)
Feb 20, 2026Price Decrease$879,732−$10,000 (−1.1%)
Feb 11, 2026Price Decrease$889,732−$10,000 (−1.1%)
Jan 22, 2026Price Decrease$899,732−$26,000 (−2.8%)
Oct 1, 2025Price Decrease$925,732−$5,000 (−0.5%)
Jul 24, 2025Price Decrease$930,732−$9,000 (−1%)
Jun 15, 2025Price Decrease$939,732−$10,000 (−1.1%)
Jun 7, 2025Price Decrease$949,732−$15,000 (−1.6%)
May 22, 2025Price Decrease$964,732−$10,000 (−1%)
May 7, 2025Price Decrease$974,732−$23,268 (−2.3%)
Feb 17, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Govalle
Middle
Martin
High
Eastside Early College

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $799,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$5,752 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $5,752

Principal & interest
$4,040
Property taxes
$1,046
Homeowners insurance
$666

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$639,200$7,145$41,338$632,055
2$632,055$7,623$40,859$624,433
3$624,433$8,134$40,349$616,299
4$616,299$8,678$39,804$607,621
5$607,621$9,259$39,223$598,361
6$598,361$9,880$38,603$588,482
7$588,482$10,541$37,941$577,941
8$577,941$11,247$37,235$566,693
9$566,693$12,000$36,482$554,693
10$554,693$12,804$35,678$541,889
  • Year 1$632,055
    Principal paid
    $7,145
    Interest paid
    $41,338
    Starting balance
    $639,200
  • Year 2$624,433
    Principal paid
    $7,623
    Interest paid
    $40,859
    Starting balance
    $632,055
  • Year 3$616,299
    Principal paid
    $8,134
    Interest paid
    $40,349
    Starting balance
    $624,433
  • Year 4$607,621
    Principal paid
    $8,678
    Interest paid
    $39,804
    Starting balance
    $616,299
  • Year 5$598,361
    Principal paid
    $9,259
    Interest paid
    $39,223
    Starting balance
    $607,621
  • Year 6$588,482
    Principal paid
    $9,880
    Interest paid
    $38,603
    Starting balance
    $598,361
  • Year 7$577,941
    Principal paid
    $10,541
    Interest paid
    $37,941
    Starting balance
    $588,482
  • Year 8$566,693
    Principal paid
    $11,247
    Interest paid
    $37,235
    Starting balance
    $577,941
  • Year 9$554,693
    Principal paid
    $12,000
    Interest paid
    $36,482
    Starting balance
    $566,693
  • Year 10$541,889
    Principal paid
    $12,804
    Interest paid
    $35,678
    Starting balance
    $554,693
First 10 of 30 years

Nearby

Courtesy of 2TX Realty · (512) 931-9223

Listings courtesy of ACTRIS as distributed by MLS GRID.