$1,100,000

504 E 38 1 2 St Unit 504, 504B, 506 Austin, TX 78751

Hyde Park Neighborhood

Estimated payment $7,422/month

Total Views 1,973
3 Beds
3 Baths
1,645 Sq Ft
$669 Price per Sq Ft

Highlights

  • Wood Flooring
  • Private Yard
  • Multiple Living Areas
  • Russell Lee Elementary School Rated A-
  • No HOA
  • 5-minute walk to Sparky Park

About This Home

Located just steps from the historic Hancock Golf Course and some of Austin’s most beloved eateries, this unique property offers incredible flexibility, charm, and investment potential. Situated on a 10,890 sq ft lot with alley access, you'll find three separate 1 bed / 1 bath homes, each with its own kitchen and living space. The back cottage, thoughtfully rebuilt in 2014, is quiet and cozy with a private fenced yard. It features modern finishes, including granite countertops, solid bamboo flooring, vaulted ceilings, and natural light. This updated home also includes a tankless gas water heater, central HVAC, washer/dryer, dishwasher, refrigerator, and more—perfect for an owner-occupant or as a high-demand rental. The two front cottages are full of charm, maintaining their original hardwood floors and vintage character. Both homes are equipped with European-style combo washer/dryers for convenience. Parking is a breeze with a 2-car carport in front and alley-accessed parking for the back house. The incredible location is a 1/2 block to Hancock Golf Course, jogging trails, and beloved neighborhood spots like Asti, Vino Vino, Hyde Park Bar & Grill, and just minutes to UT and downtown Austin.

Listing Agent

Dominique Anderson

Compass RE Texas, LLC Brokerage Phone: (512) 761-5409 License #0602041

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,873

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot
  • Southwest Facing Home
  • Wood Fence
  • Private Yard
  • Back Yard

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Multiple Living Areas
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Off-Street Parking

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Additional Features

  • No Interior Steps
  • Rear Porch
  • Property is near a golf course
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504 E 38 1/2
  • Tax Block 4

Community Details

Overview

  • No Home Owners Association
  • Oaklawn Addn Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,873

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1935
  • Direction Faces: Southwest
  • Directions: W 35th Street, turn left onto Duval St, turn right onto 38 1/2 St, house is on the left
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1645
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 761-5409
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 15949.80
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 1/1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main
  • View: None
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Oven, RNGHD, Refrigerator, Washer
  • Property Condition: Resale
  • Window Features: Double Pane Windows
  • Dining Room Type: Primary Bedroom, Primary Bathroom, Kitchen, Laundry, Living Room
  • ResoLivingAreaSource: Owner
  • Laundry Location: In Kitchen

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition, Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Rear Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Curbs, Near Golf Course
  • Parcel Number: 504 E 38 1/2
  • Lot Size Acres: 0.2504
  • Lot Size Sq Ft: 10907.42
  • Subdivision Name: Oaklawn Addn

Rental Info

  • Owner Pays: Repairs, Roof Maintenance, Taxes
  • Total Actual Rent: 5225
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 4
  • Tax Year: 2024
  • Tax Annual Amount: 15872.53
  • Tax Map Number: 5-7
  • Tax Filled Sqft Total: 1865
  • Tax Rate: 1.98180000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $1,100,000 -- $669 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9242525

Unlock MLS (Austin Board of REALTORS®)