2000 & 2006 E 2nd St, Austin, TX 78702

DO NOT GO ON PROPERTY, Call Amy with advance notice to show. Showings by appointment only, listing agent must accompany all showings. Lots 1, 2 and 3 (2000 and 2006 E 2nd) being sold together. Large corner 19,602 sq ft lot, .45 acre lot. Utilities in place. Has been and is still currently used as a church and community center. Being sold AS-IS/WHERE-IS. Buyer to pay for survey. Current zoning: SF-3-NP

Two contiguous corner lots spanning 19,602 square feet on East 2nd Street in the Fair Grounds Addition represent a rare Austin opportunity for single-family development, institutional use, or mixed-purpose development on one of the neighborhood's most visible intersections. The 0.45-acre parcel sits at the corner of a public maintained road, offering dual street frontage and natural visibility to traffic flowing through this established East Austin neighborhood. Currently zoned SF-3-NP with utilities already in place, the property eliminates typical infrastructure delays and provides a clear development starting point for a buyer ready to build or repurpose.

The land's level terrain and corner positioning make it exceptionally flexible for future use. Split options are available, meaning developers or owner-occupants could subdivide the lots to match specific project requirements or neighborhood compatibility goals. The property's current history as a church and community center reflects East 2nd Street's role as a gathering place within Fair Grounds Addition, one of Austin's historically significant neighborhoods with deep roots and evolving character. That legacy of community-focused activity on this site speaks to its accessibility and prominence within the local area.

The property falls within Austin ISD, with Zavala Elementary, Kealing Middle School, and Eastside Early College High School serving the immediate neighborhood. Fair Grounds Addition is minutes from downtown Austin and sits equidistant from major employment centers along I-35 and the emerging tech corridors on the east side. The corner lot's visibility and access make it attractive for buyers seeking either a private residential development in an increasingly desirable urban neighborhood or a commercial or institutional use that benefits from established foot traffic and community presence.

Offered at $2.10 million, the land is being sold as-is, where-is, with the buyer responsible for survey costs and any remediation or site preparation required before development. The zoning, utilities, and split potential position this East 2nd Street corner as a strategic hold for investors or a direct development opportunity for those with a clear vision for Fair Grounds Addition's next chapter. With five days on market, this is an early-stage opportunity to secure a corner lot with genuine neighborhood significance and development flexibility.

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.