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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 |
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YEAR BUILT | 1937 | COMMUNITY | Hyde Park Annex |
COUNTY | Travis | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Elementary School | Lee |
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Jr. High School | Kealing |
High School | McCallum |
ADDITIONAL DETAILS | |
AIR | Central Air |
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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
TOTAL MONTHLY PAYMENT
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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.
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.