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Keenan Group#1 Austin Board of Realtors Team 2024
3228 E 5th ST, photo 1 of 24, East Austin, Austin, TX
Active

$2,275,000

0Beds
0.35 acresLot

3228 E 5th St, Austin, TX 78702

Reduced 9%$2,495,000
East Austin·MLS# 9355014·Built 1980·363 days on market

— bed, — bath on 0.35 acres in East Austin. Austin, TX 78702. $2,275,000.

About This Home

Located in the heart of East Austin, 3228 E 5th Street offers a rare opportunity to own an industrial-style property with exceptional visibility and access. This corner-lot site spans 15,246 square feet and features a 3,700-square-foot metal warehouse, currently operating as an auto repair shop. Zoned GR-MU-NP, the property allows for a wide range of commercial and mixed-use possibilities, making it ideal for investors, owner-users, or creative operators looking for flexibility and long-term potential in one of Austin’s most dynamic areas.

The building sits just minutes from Austin’s urban core—approximately 2.5 miles (about 8 minutes) to Downtown Austin, 2.5 miles (about 7 minutes) to Springdale General, and 6 miles (around 12 minutes) to Austin-Bergstrom International Airport. The location combines the energy of the East Side with convenient access to major roadways, making it highly accessible for business operations or customer traffic.

Surrounded by East Austin’s growing mix of industrial, creative, and culinary destinations, the property is steps away from local favorites like Pueblo Viejo and nearby coffee trucks such as Fleet Coffee’s mobile setup at Cosmic Saltillo—adding to the property’s authentic neighborhood charm and walkable vibe.

With its generous lot size, versatile zoning, and proximity to downtown, 3228 E 5th Street stands out as a prime East Austin property offering both utility and future development potential.

Property Type
Commercial Sale
Year Built
1980
Lot Size
0.35 acres

Listing information last updated October 2, 2026.

Listed by 3rd Angle Realty LLC

MLS# 9355014 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 0.35-acre lot

Facts & Features

Interior

Flooring

  • Concrete
Cooling
Wall/Window Unit(s)
Exterior & Lot

Construction

  • Metal Siding

Foundation

  • Slab
Lot Size
0.35 Acres
Stories
2

Parking

  • Additional Parking
Financial
Original List Price
$2,495,000
Utilities
  • Above Ground
Water Source
Public
Sewer
Public Sewer

Transaction History

3 records on file

Every recorded listing, sale, and lease at 3228 E 5th ST, whoever represented it.

  1. ActiveListed 2025
    Current price: $2,275,000Original list: $2,495,000MLS 9355014
    1. Price changed · January 12, 2026$2,275,000
  2. ExpiredListed 2022
    Current price: $3,200,000Original list: $3,400,000MLS 9033679
  3. ExpiredListed 2022
    Current price: $3,200,000Original list: $3,400,000MLS 8376229

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$2,275,000
Original list
$2,495,000
Price movement
$220K reduction
Listed / DOM
Oct 29, 2025 · 363 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$728,000
Assessment Year
2025
Year Built
1980
Parcel ID
000000189896
$728K
$661K
$661,000
2021
$686,071
+3.8% from prev
2022
$710,339
+3.5% from prev
2023
$710,339
+0.0% from prev
2024
$728,000
+2.5% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+2.5%
—$728,000$728,000—
2024+0.0%
—$710,339$728,000—
2023+3.5%
—$710,339$754,677$130,540
2022+3.8%
—$686,071$686,070$24,269
2021
—$661,000$686,070$1
5-Year Change10.1%
Map showing 3228 E 5th ST
3228 E 5th ST
Directions

District Schools Nearby

Austin ISD →

6 High Schools

District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$12,502

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($455K)

Adjustable assumption - not a lending recommendation.

Home price

$2,275,000

Loan: $1.8M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.

List price

$2,275,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

+285.6%

$590K · East Austin neighborhood guide · reference price

Days on market

363 days

Original to current

$220K reduction

$2.5M original

Active inventory context

305 listings

Price Position in East Austin

Neighborhood guide reference price $590KThis home $2.3M

Listed 286% above the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.

Buyer's Market - 305 active listings, 363 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 3228 E 5th St?

3228 E 5th St is listed at $2,275,000 with 0 bedrooms, 0.35-acre lot. This places it above the ZIP 78702 single-family closed-sale median price of $688,500 (ZIP 78702 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 27, 2026).

What are the property details for 3228 E 5th St?

3228 E 5th St is a Commercial Sale built in 1980 featuring 0 bedrooms, 0.35-acre lot.

How should a buyer estimate the monthly payment for 3228 E 5th St?

This page does not assume a mortgage rate or publish a monthly payment for 3228 E 5th St. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3228 E 5th St compare with other homes in East Austin?

As of Oct 15, 2026, 3228 E 5th St is offered at $2,275,000. The current MLS snapshot shows 140 active listings in 78702. Keenan Group has completed 28 verified transactions in 78702 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's East Austin guide for current neighborhood analysis.

When was 3228 E 5th St built?

3228 E 5th St was built in 1980 (46 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about East Austin?

East Austin is one of Austin's established neighborhoods 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.

  • East Austin area specialists
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for East Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 3:07:30 PM. 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.

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Last updated: 10/15/2026, 3:07:30 PM

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