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Austin Board of Realtors

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.

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Home / Austin / 504 E 38th 1/2 Street
504 E 38th 1/2 Street Austin, TX 78751 View All Photos
Closed

504 E 38th 1/2 Street

Austin, TX 78751

1,691
Square Feet
3
Beds
3
Baths
195
Days on Market
2717978
MLS#
House
Structure
Residential
Zone
Contact

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 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 Details
Interior
Ceiling Fans, High Ceilings, Main Level Primary, Recessed Lighting
Cooling
1
Heating
Central
Cooling Features
Central Air
Bedrooms
3
Bathrooms
3.0
Full Baths
3
Lot Features
Alley, Back Yard, Front Yard, Near Golf Course
Lot Description
Alley, Back Yard, Front Yard, Near Golf Course
Exterior Features
Exterior Steps, Private Yard
Exterior Materials
Exterior Steps, Private Yard
Acres
0.0
Square Feet
1691.0
Lot Size (sqft)
0.2504
Parking Features
Carport, Off Street
Parking Spaces
3.0
Parking Type
Carport
Parking Garage Spaces
0.0
Property Type
Purchase
Property Subtype Additional
Single Family Residence
Year Built
1935
Foundation
Pillar Post Pier, Slab
Roof
Composition, Metal
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Electricity Available, Sewer Available, Water Available
Appliances
Dryer, Dishwasher, Oven, Range, Refrigerator, Range Hood, Washer
Subdivision
Oaklawn Add
Community Features
None, Curbs
School District
Austin ISD
Elementary School
Lee
Middle School
Kealing
High School
McCallum
County
Travis
Region
Austin
Original List Price
$1,100,000
Days on Market (Cumulative)
195
Taxes Annual
$15,872
MLS #
2717978
Location
Legal

Based on information submitted to the MLS GRID as of 2026-09-05 21:11:27 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: Sep 5, 2026 9:11 PM. Source: ACTRIS

Provided By
Listed by Dominique Anderson (#602041), (512) 761-5409
Listing Office: Compass RE Texas, LLC (#700459)

Provided By (Buyer)
Buyer's Agent: Elizabeth LeFevers (#762350)
Buyer's Office: Douglas Elliman Real Estate (#700901)

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