1505 Willow ST, Austin TX 78702

Austin, TX 78702 | Welch

Ed's Opinion of Value

$475,000 Ed's Estimate: $650,284 $768,516
Lowest Comp Recommended List: $637,000 to $663,000 Highest Comp

Listing History

$850,000 List Price
$625,852 Comp Value
0 Price Reductions

This property was listed at $850,000 and withdrawn after 157 days on market. This listing activity factors into the valuation.

The estimated value of this property is $650,284, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $637,000 and $663,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in WELCH. Built in 1945, this home is 18 years older than the average comp, which is reflected in the adjustments. The 0.16 acre lot (larger than the 0.11 acre average) is reflected in the estimate. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
4 Beds
1 Baths 1 Full
996 Sq Ft
0.1578 Acres
1945 Built

About This Property

**SELLER WANTS TO WAIT UNTIL THERE IS A MARKET SHIFT BEFORE PUTTING BACK ON MAKRET**Location, zoning, and opportunity – this East Austin gem checks all the boxes. Nestled just blocks from Rainey Street, Lady Bird Lake, and downtown, this early Craftsman bungalow sits in the heart of the red-hot E. Cesar Chavez neighborhood on a premium lot with alley access. Zoned SF3 and eligible for up to three units under the City of Austin’s new HOME Phase 2 ordinance, this property unlocks serious potential — whether you renovate the existing home, build new, or create a combo of primary residence, guest house, and income-producing unit. The alley access offers added flexibility for layout, parking, and private entry for future tenants or guests.

Surrounded by vibrant culture and new development, you're just moments from local favorites like Launderette, Suerte, La Barbecue, Epoch Coffee, and Zilker Brewing Co. Plus, enjoy quick access to Zilker Park, the Moody Amphitheater, Palmer Events Center, and SOCO. With major projects like the 1515 Cesar Chavez mixed-use development nearby, the upside here is undeniable.

Sold as-is with no survey available. Leaseback required while seller secures their next move. This is your chance to secure a prime slice of East Austin — bring your vision and make it yours!

Features

  • Gas Dryer Hookup
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Sanchez
Middle School Martin
High School Austin

Property Details

Property Type Residential
Flooring Laminate, Tile, Vinyl, Wood
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Heating None
Exterior None
County Travis
MLS # 9915956

Tax Information

Annual Taxes $11,665 (2025)

Listing History

MLS# 7426890 156 days
Dec 5, 2025 Off Market
Jul 2, 2025 Listed $850,000

Frequently Asked Questions About 1505 Willow ST, Austin TX 78702

When was 1505 Willow ST, Austin TX 78702 built?

1505 Willow ST, Austin TX 78702 was built in 1945.

How much does 1505 Willow ST, Austin TX 78702 cost?

1505 Willow ST, Austin TX 78702 is currently off market.

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