$1,699,000

Property Overview

This Ridgetop Annex property offers a rare dual-home opportunity in one of Austin TX's most coveted neighborhoods. The primary residence spans nearly 3,000 square feet with five bedrooms, three and a half baths, and showcases high ceilings, crown molding, solid wood flooring, and a chef's kitchen with island. The main home's spa-like primary suite includes a walk-in closet, while a separate front porch and multiple decks create exceptional outdoor entertaining spaces. A detached accessory dwelling adds approximately 925 square feet with two bedrooms and one and a half baths, currently generating $1,995 monthly in rental income.

This dual-structure setup near UT Campus and tree-lined Hyde Park streets accommodates multiple lifestyle needs—whether serving as a primary residence with guest quarters, a multi-generational home, or an income-producing investment. Both homes feature their own enclosed garages, and the combined 8,499-square-foot lot provides ample space for privacy despite the close proximity to the neighborhood's renowned restaurants and walkable community. Located in the Lee Elementary, Kealing Middle, and McCallum High school boundaries within Austin ISD, the property appeals to families and investors alike.

Vox Real Estate Insight

The Vox Real Estate team recognizes this as a sophisticated solution for buyers seeking Austin's walkable neighborhood charm while maintaining rental income or accommodating extended family under one roof. At $434 per square foot, the property's seven-bed configuration and dual-home flexibility position it strategically above the Hyde Park median, reflecting both the historic neighborhood's desirability and the income-producing potential that sets it apart from typical single-family offerings.

Agent Description

Front house is approx ~2993 SF with 5 bedrooms and 3.5 baths. The value of the main home is 1.299M. The rear house is approx ~925 SF with 2 bedrooms and 1.5 baths (currently rented for $1995) . The value for the additional home is $400K. Both homes have their own enclosed garage. Floorplan Attached Exceptional opportunity just minutes from Hyde Park! Total squre feet of both dwellings 3,918 sqft, this versatile property is ideal as a primary residence, income-producing rental, or multi-generational living arrangement. The main home features high ceilings, stepped crown molding throughout, solid wood floors, a beautiful gourmet kitchen, and an extra-deep professionally designed primary closet. Enjoy seamless indoor-outdoor living with a wide covered front porch and multiple decks, perfect for entertaining.

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 $434/sqft, this listing is priced near the Hyde Park median of $413/sqft.

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