USATXAustinHyde Park Add 02207 W 39Th St

Bungalow-style home with a porch, a front yard, and fence | Image 1

$1,275,000

207 W 39 Th St, Austin, TX

Real Estate

For Sale

$--,---,---

850

Key Facts
Description
Rooms
Map

Key Facts

Type Other

Levels Residential

Size 3353 sqft

Garage No

Maintenance Fees

Taxes $21,150

Days Active 110

Approx. Age 1940

Avg. Price Per Sqft $380

MLS® Number 8276507

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Ideal "House Hack" or Investment Opportunity in Prime Hyde Park Location. Walkable to so many things: Rare chance to own three detached homes on a generous city lot with alley access, all within walking distance to the UT campus and nestled in the charming Hyde Park Historic District. The property was originally platted with 3 separate lots - inquire with City about future development potential! Re-zone the property for more density or some alternate use - office, live-work, Microschool, the possibilities are endless! Or shorter term, live in one unit and rent out the other two. Includes: Main Home: 3-bedroom 2 bath charming cottage on 39th street. Leased 8/1/25-1/31/26 at $2995/mo. Good opportunity to owner-occupy after 1/31/26. Unit A (behind the main home): 1-bedroom 1 bath unit - currently leased 8/1/25-7/31/26 at a *low* rate of $1175. This unit has leased in the past for over $1900/month. Inquire with agent for details, it's a cute and updated 1BR unit with separate kitchen and living room. Unit B (behind Unit A, towards the back of the lot): 4 bedroom 2 bath unit also accessible from the back alley. Leased 8/1/25-7/31/26 at $2500/mo (this unit has also leased closer to $3000/mo in the past). All units have a strong, consistent rental history with a total rental income potential of approx. $7900 (current rental total is $6670/month but the property has previously rented for $7900/moth total). Management/ownership just missed the pre-lease UT window this past leasing season. All leases will term out at better times going forward - the primary "Main" home could be leased or owner-occupied after current tenant lease expires on 1/31/26, while keeping the other units fully occupied and on the UT leasing calendar season. Plenty of off-street parking and private yard space add to the appeal for both owner-occupants and tenants. Whether you're looking to offset your mortgage, build equity, or invest smartly in a walkable, high-demand neighborhood.Show Description

MLS® Number8276507

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelMultiple Locations

Exposure

ExteriorNone

GarageNo

Approx. Age1940

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatNone

A/C

Heating Fuel

Extras

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