Property Overview

This 1938 Hyde Park residence at 811 46th ST combines historic character with modern income potential, offering both a primary residence and an active rental asset. The main home features four bedrooms and three bathrooms across 2,364 square feet of thoughtfully designed living space. Original architectural details including woodwork and built-ins throughout honor the neighborhood's Victorian heritage, while abundant windows and an updated kitchen create a bright, welcoming interior. The floor plan balances shared spaces with privacy, featuring a primary suite and secondary living area on the main level, with three additional bedrooms and a full bath upstairs. A spacious deck nestled under mature trees extends the living experience into a private outdoor retreat.

The property's investment appeal lies in its dual-income structure. The detached garage apartment, accessed via alley entry, currently generates rental income and sits just above the two-car garage. This configuration provides immediate cash flow while maintaining flexibility to expand the main residence or enhance the accessory dwelling unit. The large lot of over 8,000 square feet anchors this property within Austin TX's most coveted walkable neighborhood, where tree-lined streets, proximity to UT Campus, and a thriving local restaurant scene define daily life. At $550 per square foot, this offering reflects the premium Hyde Park commands for homes with authentic period character and adaptive income potential.

Agent Description

Fully leased in Hyde Park with built-in income and additional upside, including a detached garage apartment that was once a functioning efficiency. 4 bedrooms, 2.5 baths with a functional layout that balances shared living spaces and privacy. The main level includes the primary suite, a second living area, half bath, and laundry, while three additional bedrooms and a full bath are upstairs. Two living areas give flexibility for how the home is used, and the updated kitchen connects naturally to the main spaces without feeling closed off. Original woodwork and built-ins carry the character Hyde Park is known for, while tons of windows throughout keep the home light and open. Out back, a large deck under mature trees creates a private, usable outdoor space. Alley access leads to a two-car garage with a detached upper-level apartment that was previously used as an efficiency and offers future potential. Income in place today, with flexibility to live in the home or shape it into whatever comes next.

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 $550/sqft, this listing is priced 29% above the Hyde Park median of $425/sqft.

Property Details

Listing data last updated: March 25, 2026

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