
— bed, — bath on 0.35 acres in East Austin. Austin, TX 78702. $2,275,000.
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.
A 0.35-acre corner site about 8 minutes from Downtown Austin is rare in East Austin, and 3228 E 5th St turns that kind of access into a real business advantage. In East Austin, 3228 E 5th St, Austin, TX 78702 sits on roughly 15,246 square feet of land with a 1980-built metal warehouse currently operating as an auto repair facility, giving buyers a clear mix of existing utility and long-range flexibility.
Priced at $2.27 million, the property works out to about $614 per square foot based on the reported 3,700-square-foot building size, a useful benchmark for anyone comparing East Austin commercial inventory. The listing is categorized as Commercial Sale - Office, but the current industrial-style improvements and GR-MU-NP zoning create a much wider conversation around office, showroom, service, creative, mixed-use, or redevelopment potential. That matters in this part of Austin, where demand is driven as much by location and entitlement flexibility as by the building itself.
The setting is one of the strongest parts of the story. East Austin places you in the East Austin corridor near East 5th Street, Airport Boulevard, and Interstate 35, with fast connections to the central business district, East Cesar Chavez, and the broader east side employment base. Springdale General is about 2.5 miles away, or roughly 7 minutes by car, and Austin-Bergstrom International Airport is about 6 miles away, typically around 12 minutes depending on traffic. For businesses that rely on client access, deliveries, or staff commuting from different parts of the city, those are practical numbers, not just marketing points.
This stretch of East Austin has changed from light industrial fringe to one of the city’s most active commercial districts. Nearby names like Pueblo Viejo and Cosmic Saltillo help ground the location in places Austinites already know, while the surrounding mix of warehouses, studios, offices, and food concepts continues to push land values higher. School district information is not listed here because this is a commercial property, not a residential listing, but the Travis County and Austin address signals still matter for search visibility and for buyers tracking east side growth patterns.
After 138 days on market, 3228 E 5th St stands out as a site where lot size, zoning, and road access do more of the talking than polished finishes. In a part of Austin where usable land keeps getting tighter, this is the kind of address that can support today’s operation and still make more sense five years from now.
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $602 per sq ft over the trailing 12 months (376 sales), as of October 7, 2026.
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.
School District: Austin ISD
View East Austin neighborhood guideVerified property facts
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 $692,000 (ZIP 78702 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 7, 2026).
3228 E 5th St is a Commercial Sale built in 1980 featuring 0 bedrooms, 0.35-acre lot.
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.
As of Oct 7, 2026, 3228 E 5th St is offered at $2,275,000. The current MLS snapshot shows 126 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.
#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
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
3 records on file
Every recorded listing, sale, and lease at 3228 E 5th ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
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. Ratings from GreatSchools.org.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($455K)
Adjustable assumption - not a lending recommendation.
$2,275,000
Luxury property intelligence
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
+191.7%
$780K · East Austin neighborhood guide · reference price
Days on market
343 days
Original to current
$220K reduction
$2.5M original
Active inventory context
19 listings
Price Position in East Austin
Listed 192% above the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 7, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in East Austin
Active listings and buyer search context in East Austin
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
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.
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.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in East Austin
5 events on record
Current Price
$2,275,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1303 Singleton ST | $1.35M |
Comparable homes that recently closed in this area
Somewhat Walkable
Good Transit
Biker's Paradise
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
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.
Looking for more homes in East Austin?
Contact an Expert →Active listings near 3228 E 5th St
Recent sales for market context