504 E 38th 1/2 Street
Austin, TX 78751
1645 sqft | 3 beds | 3 baths | 0.25 acres | #2717978
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
- InteriorCeiling Fans, High Ceilings, MainLevelPrimary, Recessed Lighting
- Utility FeaturesElectricity Available, Sewer Available, Water Available
- Lot DescriptionAlley, Back Yard, Front Yard, Near Golf Course
- Exterior MaterialsExterior Steps, Private Yard
- FoundationPillar Post Pier, Slab
- Property SubtypeSingleFamilyResidence
- Sewer InformationPublic Sewer
- SubdivisionOaklawn Add
- School DistrictAustin ISD
- Original List Price$1,100,000
- Property TypePurchase
- High SchoolMcCallum
- Middle SchoolKealing
- Taxes Annual$15,872
- MLS #2717978
- Cost1100000
- MLS #2717978
- Acres0.2504
- Utility SourcePublic
- CountyTravis
- Property ConditionResale
- Square Feet1645
- Year Built1935
- Elementary SchoolLee
- Bedrooms3
- Bathrooms3
- Full Baths3
- Days on Market (Cumulative)2
Location
Legal
Based on information submitted to the MLS GRID as of 2025-04-18 09:01:20 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)
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