$1,100,000
For Sale

504 E 38 1/2 STREET #504, 504B, 506

Austin, TX 78751
1645 sqft | 0.25 acres | #9242525
Browse 30 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

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 their own kitchen and living space—ideal for generating income or future development. 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 more. Just minutes to UT and downtown Austin. Whether you're an investor looking for steady cash flow, a homeowner seeking a central property with income potential, this one-of-a-kind property delivers.

  • Property Details
      • InteriorSeparate Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, MainLevelPrimary, No Interior Steps
      • Utility FeaturesElectricity Available, Sewer Available, Water Available
      • Lot DescriptionBack Yard, Near Golf Course
      • FoundationPillar Post Pier
      • Exterior MaterialsPrivate Yard
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • SubdivisionOaklawn Addn
      • School DistrictAustin ISD
      • Original List Price$1,100,000
      • High SchoolMcCallum
      • Middle SchoolKealing
      • Taxes Annual$15,872
      • MLS #9242525
      • Cost1100000
      • Property SubtypeTriplex
      • MLS #9242525
      • Acres0.2504
      • Utility SourcePublic
      • CountyTravis
      • Property ConditionResale
      • Square Feet1645
      • Year Built1935
      • Elementary SchoolLee
      • Days on Market (Cumulative)1
      • Pets1

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Based on information submitted to the MLS GRID as of 2025-04-18 01:46:17 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: . Source: ACTRIS

Listing Courtesy
Listing Agent: Dominique Anderson (#602041), Phone: (512) 761-5409
Listing Office: Compass RE Texas, LLC (#700459)

Anna LagosReal Estate Group
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The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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​Based on information from South Texas MLS, LLC for the period 01/01/2024 through 12/31/2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein 'AS IS' and without any warranty, express or implied. The listing data contained is a copyright of Texas Association of REALTORS® and that reproduction or distribution is not allowed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.

© Greater El Paso MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.