504 E 38 1/2 Street #504, 504B, 506

Austin, TX 78751

  • 3 Bed(s)
  • 3 Bath(s)
  • 1,645 Sqft
  • 0.2504
    Acre(Lot)
$1,075,000

Description

Rare three-unit opportunity on a large lot in hancock.
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.

  • Property Type

    ResidentialIncome
  • Subdivision

    Fort Myers Shores
  • County

    Travis
  • Style

    ResidentialIncome
  • AD ID

    49396065

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BuyOwner last updated this listing 06/09/2025 @ 14:10

  • MLS: 9242525
  • LISTING PROVIDED COURTESY OF: Dominique Anderson, Compass RE Texas, LLC
  • SOURCE: ACTRIS

is a Home, with 3 bedrooms which is for sale, it has 1,645 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.