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Properties / Austin

917 and 919 E 7th St

East Austin, Plaza Saltillo · Austin, TX 78702
Market listingDesk analysisLand
Asking$1,999,990
I'm interested

This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.

Overview

Lot
11,761 sq ft

Two lots at East 7th and San Marcos with 92 feet of frontage inside the Plaza Saltillo TOD. The listing says the zoning allows up to 60 feet and 45 units per acre, and the site may qualify for an affordable housing density bonus. Price has been cut from $2,499,990 to $1,999,990.

Financials

From the listing

Asking price$1,999,990Reported · MLS reported
Original list price$2,499,990Reported · MLS reported
Price per acre$7,407,496Calculated
Annual property tax$40,840Reported · MLS reported

Land produces no rent today. Its value depends on what can be built, so Realtix analyzes it as a development site (see Realtix plan).

Realtix plan

Desk analysis complete, based on the listing and market data. Figures not confirmed by documents are marked as estimates. This is Realtix's own view, not investment advice.

Strategy: Mixed-use infill development

Strengths

  • Corner site near downtown with a listed Walk Score of 96
  • TOD zoning allows height and density per the listing
  • Two price cuts since October 2025

Risks

  • Small site (about 11,800 sq ft) limits building efficiency
  • Taxes are high while vacant
  • Listing area figures differ (11,761 vs 11,776 sq ft)

Catalysts

  • Plaza Saltillo build-out nearby
  • Possible density bonus
  • The listing mentions an extra parcel could grow the site to 14,400 sq ft

Due diligence still needed

  • Confirm the TOD subdistrict and entitlements with the city
  • Check density bonus eligibility
  • Survey the site
  • Ask about the additional parcel

Realtix screening score

Land is not scored, because the score measures income and building age.

Realtix preliminary screening score. Not investment advice, and it does not predict returns.

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Sources

Listing source
LandSearch · MLS #ABOR 5954889
Listing brokerage
Compass RE Texas · Jeffrey Schnabel
Last verified
2026-10-09

Annual property tax: MLS reported, as of 2026-10-08

Updates

  • 2026-10-09 Listing checked against the source.