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

Local realty services provided by:ERA EXPERTS
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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
$950,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,691 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$950,000
  • Price per sq. ft.:$561.8

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:August 20, 2025 at 03:02 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:$950,000
  • Price per sq. ft.:$561.8
  • Tax amount:$15,873 (2024)
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.

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