501 Carolyn Ave, Austin, TX 78705

Austin
Local realty services provided by:ERA Brokers Consolidated
Listed by: mary emma partain
Office: compass re texas, llc.
MLS#:8986241
Source:ACTRIS
501 Carolyn Ave,Austin, TX 78705
$1,595,000
  • 5 Beds
  • - Baths
  • 2,880 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$553.82

About this home

Tucked into one of Central Austin’s most consistently in-demand pockets, this tastefully renovated 1935 Hyde Park triplex delivers the kind of flexibility and rentability that rarely hits the market. Live in one unit and let the others offset the mortgage, lease all three for a strong long-term hold, or secure a prime asset steps from UT in a neighborhood where vacancy barely has time to exist. The property includes the original brick duplex with two units each featuring 2 bedrooms and 1 bathroom, plus a separate 1 bedroom, 1 bathroom apartment above the detached three-car garage. All three units were renovated in 2022 with updated kitchens, quartz countertops, stainless appliances, refreshed baths, refinished hardwoods, upgraded lighting, fresh paint, and electrical improvements, while the soul of the 1930s still shows up in all the right places: vintage woodwork, built-in buffets, hardwood floors, and charming faux fireplaces. Current leases generate immediate income with strong...

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Home facts

  • Year built:1935
  • Listing ID #:8986241
  • Updated:July 09, 2026 at 03:31 PM

Rooms and interior

  • Bedrooms:5
  • Full bathrooms:3
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Stainless Steel Appliance(s)
  • Living area:2,880 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1935
  • Building area:2,880 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Back Yard, Corner Lot, Curbs, Front Yard, Landscaped, Level, Public Maintained Road
  • Construction Materials:Brick
  • Exterior Features:Exterior Steps, Private Yard
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:McCallum
  • Elementary school:Lee

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$553.82
  • Tax amount:$18,045 (2026)

Features and amenities

  • Appliances:Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
  • Laundry features:Washer/Dryer Stacked
  • Amenities:Bookcases, Chandelier

Parking

  • Total parking spaces:3
  • Parking description:Detached, Door-Multi, Driveway, Garage, Garage Faces Side
  • Garage:Yes
  • Garage spaces:3
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