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USATXAustinHyde Park Annex4515 Avenue B
View of front facade with a gate | Image 1
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$575,000

4515 Avenue B, Austin, TX

House

For Sale

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222
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1473 sqft
Garage No
Taxes $13,690
Days Active 0
Lot Size 
Approx. Age 1937
Avg. Price Per Sqft $390
MLS® Number 4608358

Property Address: 

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

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!Show Description
MLS® Number4608358
Laundry LevelInside, Main Level
Central VacNo
FireplaceNo
Acreage0.1797
ExteriorNone
GarageNo
Approx. Age1937
Basement
DrivewayDriveway, Off Street
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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