1507 1/2 Holly ST, Austin TX 78702
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About This Property
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.
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Tax Information
| Year | Market Value |
|---|---|
| 2026 | $645,468 |
| 2025 | $687,377 |
| 2024 | $749,329 |
| 2023 | $775,871 |
| 2022 | $793,159 |
| 2021 | $585,746 |
| 2020 | $525,181 |
| 2019 | $525,181 |
| 2018 | $466,048 |
| 2017 | $437,427 |
Source: Travis Central Appraisal District (TCAD) · Travis County Tax Office
Sale Terms & Disclosures
Listing History
| Oct 8, 2026 | Listed | Listing Courtesy of Compass RE Texas, LLC - kate@katehamlin.com | $550,000 |
| Aug 28, 2026 | Off Market | ||
| Aug 3, 2026 | Price Change | $625,000 | |
| Apr 2, 2026 | Pending | ||
| Mar 12, 2026 | Listed | $685,000 |
| Aug 28, 2026 | Off Market | ||
| Aug 3, 2026 | Price Change | $625,000 | |
| Apr 2, 2026 | Pending | ||
| Mar 11, 2026 | Listed | $685,000 |
Frequently Asked Questions About 1507 1/2 Holly ST, Austin TX 78702
When was 1507 1/2 Holly ST, Austin TX 78702 built?
1507 1/2 Holly ST, Austin TX 78702 was built in 1935. It is frame construction with 960 square feet on a 0.1492 acre lot.
How much does 1507 1/2 Holly ST, Austin TX 78702 cost?
1507 1/2 Holly ST, Austin TX 78702 is listed for sale at $550,000. That is $573 per square foot.
How many bedrooms and bathrooms does 1507 1/2 Holly ST, Austin TX 78702 have?
1507 1/2 Holly ST, Austin TX 78702 has 3 bedrooms and 1 bathrooms (1 full) with 960 square feet of living space.
What school district is 1507 1/2 Holly ST, Austin TX 78702 in?
1507 1/2 Holly ST, Austin TX 78702 is in the Austin ISD school district. Assigned schools include Sanchez (elementary), Kealing (middle), Austin (high school).
What are the property taxes on 1507 1/2 Holly ST, Austin TX 78702?
The annual property taxes on 1507 1/2 Holly ST, Austin TX 78702 are $14,067 (as of 2026). The tax assessed value is $645,468.
How big is the lot at 1507 1/2 Holly ST, Austin TX 78702?
The lot at 1507 1/2 Holly ST, Austin TX 78702 is 0.1492 acres, and the home has 960 square feet of living space.
What type of property is 1507 1/2 Holly ST, Austin TX 78702?
1507 1/2 Holly ST, Austin TX 78702 is a residential property on a pillar/post/pier foundation.
Does 1507 1/2 Holly ST, Austin TX 78702 have a garage?
1507 1/2 Holly ST, Austin TX 78702 has parking. Parking features include gravel.
What subdivision is 1507 1/2 Holly ST, Austin TX 78702 in?
1507 1/2 Holly ST, Austin TX 78702 is located in the Free & Williams subdivision in Austin, TX. Community features include see remarks.
How long was 1507 1/2 Holly ST, Austin TX 78702 on the market?
1507 1/2 Holly ST, Austin TX 78702 was on the market for 1 days, listed on October 8, 2026.
What heating and cooling does 1507 1/2 Holly ST, Austin TX 78702 have?
1507 1/2 Holly ST, Austin TX 78702 has central, natural gas heating and central air cooling.
What are the roof and foundation at 1507 1/2 Holly ST, Austin TX 78702?
The listing reports a composition roof and a pillar/post/pier foundation at 1507 1/2 Holly ST, Austin TX 78702.
What financing does the seller of 1507 1/2 Holly ST, Austin TX 78702 accept?
The listing says the seller accepts cash, conventional financing.
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