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

Local realty services provided by:ERA Experts
Listed by: dominique anderson
Office: compass re texas, llc.
MLS#:9242525
Source:ACTRIS
504 E 38 1/2 St #504, 504B, 506,Austin, TX 78751
$895,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,691 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$895,000
  • Price per sq. ft.:$529.27

About this home

Rare Three-Unit Opportunity on a Large Lot in Hancock. Current rents are $5225, with great long-term tenants who would be happy to renew. Located just steps from the historic Hancock Golf Course and some of Austin’s most beloved local spots, this unique property presents a rare opportunity to own three individual 1 bed / 1 bath homes on a generous 10,890 sq ft lot in one of Central Austin’s most walkable neighborhoods. Perfect for investors, multi-generational living, or an owner-occupant seeking additional rental income, each unit offers its own charm, privacy, and complete living spaces—including full kitchens and bathrooms. The back cottage, rebuilt in 2014, is a quiet, modern retreat featuring granite countertops, solid bamboo floors, vaulted ceilings, and abundant natural light. It also includes central HVAC, a tankless gas water heater, in-unit laundry, and a private fenced yard. The two front cottages retain their original hardwood floors and vintage character, enhanced with

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Home facts

  • Year built:1935
  • Listing ID #:9242525
  • Updated:November 21, 2025 at 05:26 PM

Rooms and interior

  • Living area:1,691 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1935
  • Building area:1,691 sq. ft.

Schools

  • High school:McCallum
  • Elementary school:Lee

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$529.27
  • Tax amount:$15,873 (2024)
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