Property Overview

This corner lot investment opportunity in Hyde Park captures the essence of one of Austin's most sought-after historic neighborhoods while offering unique dual-income potential. The property consists of two single-story units, each featuring two bedrooms and one bathroom, both currently occupied by long-term tenants who provide immediate cash flow. Situated on 6,682 square feet in a prime location surrounded by new development and redevelopment activity, 4530 Avenue D positions investors to benefit from the area's ongoing evolution while maintaining stable rental income today.

Hyde Park's tree-lined streets and Victorian character have anchored this central Austin neighborhood for generations, and this corner lot places residents steps from locally owned restaurants, shops, and the vibrant community that defines the area. The location offers convenient access to the UT Shuttle, Austin Metro transit, and major corridors connecting to downtown and surrounding neighborhoods. Buyers can maintain the current investment structure with established tenancy or explore future redevelopment possibilities as the surrounding area continues to transform, making this a versatile asset in one of Austin's most resilient central neighborhoods.

Agent Description

Located in the highly desirable Hyde Park area of Austin, this property presents a unique opportunity on a rare corner lot surrounded by ongoing new construction and development. The property features TWO single-story 2BR/1BA units on one lot, both currently occupied by long-term tenants. Buyers may choose to continue operating the property as an investment or explore future options upon gaining possession, subject to lease terms. Positioned with convenient access to Austin Metro, the UT Shuttle, and nearby major corridors, this location offers connectivity to central Austin and surrounding areas. Enjoy proximity to a variety of locally owned shops, restaurants, and neighborhood amenities that contribute to the area's enduring appeal. An exceptional opportunity in one of Austin’s most established central neighborhoods.

Neighborhood: Hyde Park

This property is located in Hyde Park, Austin, TX. The area is known for Historic Victorian Homes, Strong Community, Local Restaurants, Tree-Lined Streets, Near UT Campus.

At $652/sqft, this listing is priced 53% above the Hyde Park median of $427/sqft.

Property Details

Listing data last updated: March 29, 2026

Frequently Asked Questions