1614 Holly ST Austin, TX 78702 Active
UPDATED: 09/23/2026 09:05 AM ON MARKET: 13 days on market
$699,500
2 Beds2 Baths898 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 898 sqft
Price per Sqft $778
Subdivision Riverside
MLS Listing ID 7429541
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1946
Annual Tax Amount $11,036
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Source actris
Property Description
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 and 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.
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 10/04/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Data last updated: 10/04/2026 23:31
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 10/04/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Data last updated: 10/04/2026 23:31.