Discover this exceptional 6-unit property located in the heart of Hyde Park, one of central Austin's most desirable neighborhoods. With versatility and walkability, this property offers a unique blend of charm, convenience, and potential. Unit Layouts: One spacious 3-bedroom, 2-bathroom unit Five well-designed 1-bedroom, 1-bathroom units Flexibility: The largest unit includes a staircase leading to an adjacent unit, offering the opportunity to merge them into a stunning 4-bedroom, 3-bathroom home—ideal for owner-occupants or maximizing rental potential. Prime Location: Just 2 miles from the University of Texas—perfect for student housing or faculty rentals. Only 5 miles to downtown Austin—an easy commute for professionals. Walkable lifestyle: Steps from vibrant restaurants, cozy coffee shops, grocery stores, parks, and more. Hyde Park combines historic charm with modern conveniences, making it one of Austin's most sought-after neighborhoods. This property’s location and flexible layout present endless possibilities, whether you're looking to generate income or create a multi-generational living space. Don’t miss this rare opportunity to own a versatile property in a prime central Austin location! Contact us today to schedule a tour and explore the possibilities. Owner/Agent
***Call for Offers! Recent price adjustment to $1.5m!!! Seller will be reviewing offers received by Feb 3*** Rare investment opportunity in the heart of Austin's sought-after Hyde Park neighborhood! Located just a "chip shot" away from the 8th green at Hancock Golf Course, Texas' oldest golf course, this 10-unit apartment complex offers prime real estate in one of the city's most historic and desirable areas. With its close proximity to St. David's Hospital, the University of Texas Law School, and DKR Memorial Stadium, the property boasts exceptional rental potential and the convenience of being in a vibrant, growing community. Hyde Park's charm is evident in its tree-lined streets, eclectic atmosphere, and access to local restaurants, shops, and cultural attractions. The complex consists of 10 well-maintained units 2 storage rooms, and a washer/dryer that provide additional income, providing the perfect opportunity for investors looking to capitalize on Austin’s dynamic rental market. Whether you're looking to expand your portfolio or seek long-term growth in a neighborhood with a rich history and prime location, this property is an ideal choice. Don't miss out on this exceptional investment opportunity in one of Austin’s most coveted locations. Check out attachments for additional info.
Renovation or Redevelopment opportunity awaits! Location, location, location! Main house is a 3/2, approx 1000 sqft. Five other units that are 2/1 and approx 600 sqft each. Alley access. Central HVAC in main house. Window units in the five units. Rents are way under value due to length of occupancies currently bringing in $4000/month).With minimal renovations, you could expect approx $10k/month. Total of 13 bedrooms/ 7 full baths. Seller needs to sell. We will present all reasonable offers. Access will be granted during option period. Seller prefers to sell as package deal with 3204 Tom Green.
The median home value in Austin, TX is $577,400. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in Austin, TX is $577,400. Approximately 41.69% of Austin homes are owned, compared to 51.62% rented, while 6.7% are vacant. Austin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Austin real estate agent to arrange a tour today!
Austin, Texas 78751 has a population of 944,658. Austin 78751 is less family-centric than the surrounding county with 35.04% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in Austin, Texas 78751 is $78,965. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Austin 78751 is 33.9 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 34.9 inches per year, with 0.3 inches of snow per year.