$525,000 - 1020 Spence-a Street, Austin

Here’s your shot to own something meaningful in one of Austin’s most electric, walkable, and deeply rooted neighborhoods. Set within a two-lot condo regime in East Austin, Lot A is home to the original bungalow, a place full of character, presence, and a story worth continuing. Whether you’re drawn to it as a long-term hold, a creative East Austin retreat, or a piece of old Austin with room to thoughtfully evolve, this one carries the kind of history you can’t manufacture. The home was purchased from the estate of Ernest Rangel Perez, a Tejano legend whose influence on Austin’s music scene still resonates today. That connection gives the property a creative pulse that feels right at home in this pocket of the city. From the bungalow, you can take in commanding skyline views, with Downtown Austin stretching out in front of you, including the Waterline tower, the tallest building in Texas. Architect plans are already in place to preserve the original bungalow while reimagining it into a striking new build designed to capture those views from nearly every angle. Location is everything here, and this one delivers in every direction. Rainey Street is minutes to the west, East 6th and Cesar Chavez sit just north, the Holly District lies to the east, and Lady Bird Lake and Festival Beach are right to the south. With nearby bus routes, quick I-35 access, and the future I-35 cap and stitch project, this pocket is only getting more connected over time. Lot A is Austin’s culture, past, present, and future, wrapped into one very special bungalow. Music history, neighborhood energy, skyline views, and the city’s next chapter all meet here. Cool neighborhood. Real history. Big views. A bungalow with a story worth carrying forward. Buyer to verify all info.