$975,000
$74K PRICE DROP

917 E 40th St Unit A1, A2 & B Austin, TX 78751

Hyde Park Neighborhood

Estimated payment $6,988/month

Total Views 5,940
6 Beds
4 Baths
3,396 Sq Ft
$287 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Property is near public transit
  • Russell Lee Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

Fabulous income producing property on nearly a quarter acre in Hyde Park, one of the most coveted central Austin areas in town!. A rare opportunity to own a property with three separate structures. Beautiful hardwood floors throughout the majority and distinctive features including exposed wood beams. Unit A1, the front structure at 985 square feet, is an adorable 2/1 with an office, large kitchen, and breakfast nook. Across a wide breezeway deck, discover Unit A2, 731 square feet and a charming 1/1 with a lovely, sunlit living space and super cool loft bedroom. Unit B, built in 2002 and 1681 square feet, is currently a 3/2 and includes a large unfinished room ideal for a fourth bedroom and bathroom (see sketch for a potential layout).Excellent current income producing opportunity and/or future owner occupy / condo regime. Rented consistently to UT grad students for years, with strong word-of-mouth referrals. Less than 2 miles to the center of campus, the UT Tower, or about a 10-minute bicycle ride.

Listing Agent

Tony Lazarov

Respace LLC Brokerage Phone: (512) 472-0048 License #0459968 Listed on: 03/10/2025

Co-Listing Agent

Daniel Pettit

Respace LLC Brokerage Phone: (512) 472-0048 License #0820051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,493

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Front Yard
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Triplex
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,396 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Neighborhood Views
  • Stacked Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • Additional Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02170905210000
  • Tax Block 8

Community Details

Overview

  • No Home Owners Association
  • Plainview Heights Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,493

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 2002
  • Direction Faces: North
  • Directions: From downtown Austin, head north on Guadalupe St. Turn right onto E 38th St, then left onto Duval St. Continue for about half a mile, then turn right onto E 40th St. The property will be on your right
  • Disclosures: Seller Disclosure, Seller Provided Survey Available
  • Fencing: Fenced
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 3396
  • Other Equipment: Electric Dryer Hookup, Stackable W/D Connections, Washer Hookup, See Remarks
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT8660
  • Co List Office Phone: (512) 472-0048
  • Attribution Contact: (512) 472-0048
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 18492.70
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 1/1,2/1,3/2
  • Special Features: None

Interior Features

  • Interior Amenities: Two Primary Baths, Two Primary Suties, Breakfast Bar, Built-in Features, High Ceilings, Eat-in Kitchen, Stackable W/D Connections, See Remarks
  • View: Neighborhood
  • Flooring: Vinyl, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Refrigerator
  • Property Condition: See Remarks
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Varies By Unit
  • Window Features: See Remarks
  • Dining Room Type: Primary Bedroom, Primary Bathroom
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Common Area

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 6

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Concrete, Private
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Allocation Billing

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: City Lot, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Public Maintained Road, Split Possible, Trees-Moderate
  • Parcel Number: 02170905210000
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.4
  • Subdivision Name: Plainview Heights

Rental Info

  • Owner Pays: None
  • Total Actual Rent: 6800
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Block: 8
  • Tax Year: 2024
  • Tax Annual Amount: 18492.7
  • Tax Map Number: 1
  • Tax Filled Sqft Total: 3342
  • Tax Rate: 2.15180000000000

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $18,493 $777,600 $350,000 $427,600
2022 $15,357 $777,600 $385,000 $392,600
2021 $17,136 $787,239 $357,500 $456,248
2020 $15,350 $715,672 $357,500 $358,172
2018 $14,894 $672,720 $357,500 $327,434
2017 $13,639 $611,564 $357,500 $254,064
2016 $13,931 $624,667 $268,125 $431,209
2015 $8,292 $567,879 $206,250 $442,864
2014 $8,292 $516,254 $206,250 $310,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $975,000 -7.1% $287 / Sq Ft
03/10/2025 03/10/25 For Sale $1,049,000 -- $309 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Warranty Deed -- Gracy Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $67,600 Purchase Money Mortgage
Closed $10,500 No Value Available
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2989144

Unlock MLS (Austin Board of REALTORS®)

APN: 211851