
504 E 38 1 2 St Unit 504, 504B, 506 Austin, TX 78751
Hyde Park NeighborhoodEstimated payment $7,422/month
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
Compass RE Texas, LLC Brokerage Phone: (512) 761-5409 License #0602041

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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/17/2025 04/17/25 | For Sale | $1,100,000 | -- | $669 / Sq Ft |
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Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 9242525

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