4515 Avenue B Ave, Austin, TX 78751 (MLS # 4608358)

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PRICE $575,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,473 sqft
LOT SIZE 7,828 sqft

Rare Investment Opportunity in Hyde Park - Historic Charm, Prime Location, Endless Potential. Located in the heart of one of Austin's most desirable and iconic neighborhoods, this unique Hyde Park property offers an exceptional opportunity for investors, builders, or visionary homeowners. Hyde Park is beloved for its historic homes, walkable streets, and unbeatable central location. Just minutes to Downtown Austin, the University of Texas campus, Central Market, Mueller, and all the shopping, dining, and cultural hotspots that make Austin truly one-of-a-kind. Originally built in 1937 and relocated from Pemberton Heights to its current site in 1990, this charming bungalow carries a rich history and sits on a deep, flat lot with tremendous upside potential. Owned by the same individual since the move, the home has been well cared for, with a new HVAC system installed in 2019 and a water heater replaced in 2014. Many of the original materials and features remain intact, offering an authentic vintage aesthetic that could be restored or reimagined. The 7,828 sq ft lot provides ample space for redevelopment. Zoned SF-3, the property presents multiple exit strategies and possibilities for investors. Renovate and Restore: Bring the existing home back to life with modern updates while preserving its original character. Tear Down and Rebuild: Take advantage of the large, flat lot to design and build a brand-new single-family home or a house + guest house configuration. Land Bank or Hold: With inventory still tight in central Austin and long-term appreciation potential strong, this is an excellent candidate to hold and develop at a future date. Lots of opportunities here for the amazing lot in Hyde Park!

LAST UPDATED 6/23/2025 TRACT Hyde Park Annex
YEAR BUILT 1937 COMMUNITY Hyde Park Annex
COUNTY Travis STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Lee
Jr. High School Kealing
High School McCallum


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Disposal, Dryer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
AREA 4
CONSTRUCTION See Remarks
EXTERIOR None
FIREPLACE Yes
HEAT Central
LOT 7828 sq ft
LOT DESCRIPTION Back Yard, Interior Lot, Level, Private
PARKING Driveway, Off Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Hyde Park Annex
TAXES 13689.7
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

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Property listed by Todd Burgener, Douglas Elliman Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 6/23/25 9:36 PM PDT. 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.

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.

This IDX solution is (c) Diverse Solutions 2025.

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