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504 E 38th 1/2 ST, Austin TX 78751,Austin,Travis,Residential

504 E 38th 1/2 ST, Austin TX 78751
  • $1,045,000

Overview

  • Single Family Residence
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 0
  • Garage
  • 1645
  • Sq Ft
  • 1935
  • Year Built

Description

Rare Three-Unit Opportunity on a Large Lot in Hancock.

Located just steps from the historic Hancock Golf Course and some of Austin’s most beloved local spots, this unique property presents a rare opportunity to own three individual 1 bed / 1 bath homes on a generous 10,890 sq ft lot in one of Central Austin’s most walkable neighborhoods.

Perfect for investors, multi-generational living, or an owner-occupant seeking additional rental income, each unit offers its own charm, privacy, and complete living spaces—including full kitchens and bathrooms. The back cottage, rebuilt in 2014, is a quiet, modern retreat featuring granite countertops, solid bamboo floors, vaulted ceilings, and abundant natural light. It also includes central HVAC, a tankless gas water heater, in-unit laundry, and a private fenced yard.

The two front cottages retain their original hardwood floors and vintage character, enhanced with thoughtful updates like European-style washer/dryer combos for added convenience.

Additional highlights include alley access, a 2-car carport, and multiple off-street parking options. Located just half a block from Hancock Golf Course, jogging trails, and iconic neighborhood favorites like Asti, Vino Vino, and Hyde Park Bar & Grill, with easy access to UT and downtown.

Three standalone units. One large lot. Endless potential. This is a true Austin gem in the heart of Hancock.

  • Address 38th 1/2
  • City Austin
  • State/county Travis
  • Zip/Postal Code 78751
  • Area Oaklawn Add

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