4515 Avenue B Ave Pending

Austin,TX 78751

$ 575000

2 Beds

2 Baths

1473 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,473 sqft

Price per Sqft $390

Subdivision Hyde Park Annex

MLS Listing ID 4608358

Bedrooms 2

Full Baths 2

Year Built 1937

Annual Tax Amount $13,689

Tax Year 2025

Lot Size 7,827 Sqft

Property Sub-Type Single Family Residence

Property Description

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!

Location

State TX

County Travis

Interior

Heating Central

Cooling Central Air

Flooring Tile,Wood

Fireplaces Number 1

Fireplaces Type Den

Exterior

Exterior Feature None

Fence Back Yard,Fenced,Wood

Pool None

Community Features See Remarks

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Connected,Water Available

Waterfront Description None

View None

Roof Type Metal

Building

Lot Description Back Yard,Interior Lot,Level,Private

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type See Remarks

New Construction No

Schools

Elementary Schools Lee

Middle Schools Kealing

High Schools Mccallum

School District Austin Isd

Others

Special Listing Condition Standard

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