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Verified property facts
1020 Spence St Unit #B is zoned for Austin ISD with assigned schools: Sanchez (2/10) (elementary), Martin (2/10) (middle), Austin (7/10) (high). School assignments should be verified directly with the district.
1020 Spence St Unit #B is in East Austin, Austin, Texas. See the full [East Austin neighborhood guide](/neighborhoods/east-austin) for market data, schools, and lifestyle details.
1020 Spence St Unit #B is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1020 Spence St Unit #B is $4,616. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Best Match
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Listing timeline with current price, original ask, and market time.
Build Your Vision in the Heart of East Austin! Here’s your shot to create something special in one of Austin’s most vibrant, walkable, and iconic neighborhoods. Nestled in a 2-lot regime in East Austin, this lot has huge potential. Walk a few blocks north and you're hitting 6th Street vibes; music, mezcal, and late-night tacos. Head south and it's all Lady Bird Lake energy, trees, trails, and water views. And right from home, you’ve got panoramic views of Downtown’s skyline, including the new Waterline building, the tallest building in all of Texas, a reminder that the city is growing up (literally) all around you. Even better? Rainey Street is just three blocks away, and Waterline sits right next to it. Morning coffee runs, live music nights, and spontaneous meet-ups with friends suddenly feel like part of your daily routine. You’re literally surrounded by everything that makes East Austin, East Austin. Think: Rainey Street strolls, mornings at Juan in a Million or Snooze, bike rides to UT or Downtown, and happy hours at The White Horse or Hotel Vegas. You’re within blocks of Festival Beach, hike and bike trails, and a laundry list of East Side favorites like Cenote, Revelry, Emmer & Rye and more. This location screams Austin. It’s got that raw, local energy, and it’s just waiting for your build to plug into it. Whether you’re thinking long-term hold, modern build, or short-term rental income, the proximity to downtown, campus, and lake life makes this a no-brainer investment. Bonus: With nearby bus stops, easy I-35 access, and a “who needs an Uber?” lifestyle, you or your future renters will always be connected. Cool neighborhood. Killer location. Solid return potential. This is what East Austin dreams are made of. Buyer to verify all info.
Property Type
Land
Lot Size
0.07 acres
Listed by Christie's Int'l Real Estate
Property Details
Lot Features
Fencing
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($65K)
$325,000
Luxury property intelligence
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$325,000
Price per sqft
Not available
Vs. East Austin median
-58.3%
$780K median
Days on market
161 days
Original to current
$25K reduction
$350K original
Active inventory context
19 listings
Price Position in East Austin
Listed 58% below the East Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($65,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1020 Spence St Unit #B is around $2,071 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $325,000, 1020 Spence St Unit #B is in the East Austin market where there are currently 130 active listings in 78702. The Keenan Group has completed 17 transactions in 78702 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [East Austin guide](/neighborhoods/east-austin).
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
East Austin is one of Austin's established neighborhoods, zoned for Austin ISD in the 78702 area. The Keenan Group has specialized in East Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Neighborhood guide and local insights
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas. East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail. Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million. East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter. The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options. East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas. East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
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