504 E 38 1/2 ST #504, 504B, 506 Austin, TX 78751
1,645 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,645 sqft
Price per Sqft $653
Subdivision Oaklawn Addn
MLS Listing ID 9242525
HOA Y/N No
Year Built 1935
Annual Tax Amount $15,872
Tax Year 2024
Lot Size 0.250 Acres
Acres 0.2504
Property Sub-Type Triplex
Source actris
Property Description
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 thoughtful updates like European-style washer/dryer combos for added convenience.
Additional highlights include alley access, a 2-car carport, and multiple off-street parking options. Located just half a block from Hancock Golf Course, jogging trails, and iconic neighborhood favorites like Asti, Vino Vino, and Hyde Park Bar & Grill, with easy access to UT and downtown.
Three standalone units. One large lot. Endless potential. This is a true Austin gem in the heart of Hancock.
Location
State TX
County Travis
Interior
Interior Features Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Oven, RNGHD, Refrigerator, Washer
Exterior
Exterior Feature Private Yard
Fence Wood
Pool None
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View None
Roof Type Composition,Metal
Porch Rear Porch
Total Parking Spaces 3
Building
Lot Description Back Yard, Curbs, Near Golf Course
Faces Southwest
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Lee
Middle Schools Kealing
High Schools Mccallum
School District Austin Isd
Others
Pets Allowed Negotiable
Special Listing Condition Standard
Pets Allowed Negotiable
Virtual Tour https://504east38th12street3units.mls.tours