1005 Holly St, Austin, TX 78702

Incredible opportunity in the heart of East Austin - steps from the urban core yet nestled in one of the city's most sought-after neighborhoods. With 8,252 square feet of flat, buildable land (zoned SF-3 with alley access), 1005 Holly offers prime development potential for a builder, investor, or future-minded developer looking to plant a flag in this high-growth corridor. Whether you envision a high-end single residence or a multi-unit condo regime with both Holly Street and alley access, this property offers flexibility and a high ceiling for returns. The existing home could be lightly remodeled for immediate rental income, or cleared for new construction. Adjacent lots may become available, creating a rare opportunity to assemble multiple parcels with continuous street and alley frontage - ideal for a larger-scale development or future up-zoning play. Just blocks from the Rainey Street District, Lady Bird Lake, and East Austin's best coffee shops, breweries, and art-forward … read more …