Prime East Austin Development Opportunity – 2909 E 5th St is your ticket into one of Austin’s hottest neighborhoods. This large lot is packed with potential—renovate the existing home, build new, or go big with a multi-family project. Zoned SF-3-NP, you’ve got options. Plus, the property is currently bringing in steady rental income from month-to-month tenants, so you can cash flow while planning your dream build. Want even more space? The adjacent lot at 2907 E 5th St is also up for grabs, creating an incredible combined development site. You’ll be steps from Metz Park, Lady Bird Lake, Plaza Saltillo, Joe’s Bakery, and Blue Owl Brewing—with HEB around the corner, Whole Foods minutes away, and the Metro just a short walk for an easy downtown commute. Owner financing is available—a rare opportunity that makes this an even smarter investment. Opportunities like this don’t last in East Austin—jump on it!
Based on information submitted to the MLS GRID as of 2025-11-20 18:39:37 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The 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. Based on information from the Austin Board of REALTORS®. 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.
Last Updated: . Source: ACTRIS
Provided By
Listing Agent: Mary Fealkoff (#785754), Phone: (512) 483-6000
Listing Office: Berkshire Hathaway TX Realty (#027201)
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