Property Overview

This 1949 bungalow on 48th Street in Hyde Park presents an exceptional opportunity for buyers seeking authentic character and expansion potential in one of Austin, TX's most desirable historic neighborhoods. The home's original hardwood floors and vintage windows anchor its classic charm, while a versatile sunroom with Saltillo tile and French doors opening onto a backyard deck provides flexible living space perfect for a home office or creative retreat. A detached 284-square-foot studio building with electricity adds significant value, offering possibilities as guest quarters, workshop, or rental income potential on the generous 0.159-acre lot.

Recent improvements enhance livability without compromising the home's period appeal. A roof replacement and new HVAC system installed in 2021, plus updated gutters, provide peace of mind and modern functionality. The kitchen features stainless steel appliances including a gas range, dishwasher, and refrigerator that convey with the sale, along with a washer/dryer combo for convenience.

Set among the tree-lined streets and Victorian architecture that define Hyde Park, this property places buyers steps from UT Campus, neighborhood restaurants, and the strong community that makes this central Austin location so sought-after. At $549,000, this offering balances the neighborhood's character and walkability with space for future enhancement.

Agent Description

Charming 1949 Bungalow with Bonus Studio Space & Expansion Potential Located in Central Austin, 813 48th Street is a 1949 vintage charmer offering 1,066 square feet, 2 bedrooms, and 1 full bath on a generous 0.159 acre lot with room to grow. Full of character, the home features original hardwood floors and original windows that bring in natural light and preserve its classic charm. The layout includes a versatile sunroom with Saltillo tile flooring and french doors that open to the backyard deck — ideal for a home office, reading room, or additional living space. The kitchen is equipped with a stainless steel gas range, dishwasher, and refrigerator, all of which convey, along with a washer/dryer combo. Major updates include a roof replaced within the last 2 years and added gutters. New HVAC was installed in 2021. A 284-square-foot detached storage building with electricity and a window unit offers excellent flexibility for use as a studio, office, workshop, or creative space. The spacious backyard provides room to expand the existing home and/or build an accessory dwelling unit (ADU) (buyer to verify), creating strong potential for additional living space or future income opportunity. Conveniently located near local restaurants and shopping, this property presents a rare opportunity to own a character-filled bungalow with room to personalize and add value in a desirable Central Austin location.

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 $515/sqft, this listing is priced 21% above the Hyde Park median of $425/sqft.

Property Details

Listing data last updated: March 25, 2026

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