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,… Read More 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! Read Less
Property listed by Douglas Elliman Real Estate 512-866-3795 (512) 743-0201
Listing Snapshot
Days Online
2
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
2
Square Ft.
1,473
Lot Size
0.18 Acres
Year Built
1937
MLS Number
4608358
Additional Details
Building
Built in 1937, Stories: 1, 1,473 sqft living area, One
Disclosures
Seller Disclosure
Fence
Back Yard, Fenced, Wood
Fireplaces
1 fireplace, Den
Floors
Tile, Wood
Foundation
Pillar Post Pier
Heating
Central
Laundry
Inside, Main Level
Lot
0.1797 acres, Area: 0.1797, Back Yard, Interior Lot, Level, Private
Parking
Driveway, Off Street
Property
Resale
Roof
Metal
Sewer
Public Sewer
Taxes
Annual Amount: $13,690, Year: 2025
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
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