4010 Avenue B AveAustin, TX 78751
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$4,540This charming 110-year-old home, located in the heart of the Hyde Park Historic District, offers a rare opportunity to own a piece of Austin’s history in one of its most coveted neighborhoods. With its solid structure, timeless architectural design, and classic Hyde Park aesthetic, this property sits on an expansive 9,400+ sq. ft. lot—an exceptional find in today’s market. The home features original long leaf pine floors, soaring 12-foot ceilings, mature trees, and a large yard—luxuries rarely found in Central Austin. Situated on the north side of the lot, the positioning allows for the expansion of the home, the addition of a second home, or an accessory dwelling unit (ADU), with feasibility studies indicating high likelihood of approval. The existing 250 sq. ft. storage building, complete with a built-in loft, could easily be converted into a studio or ADU. There's also potential for establishing a condo regime or a short-term rental, adding even more investment value. Avenue B, the widest street in Hyde Park after Speedway, has a rich history as a former streetcar route to downtown. The block is home to many owner-residents, providing a strong sense of community. Hyde Park is renowned for its convenience and charm, with nearby sidewalks, bike lanes, and easy access to top-tier amenities, including three hospitals. Within walking distance are great schools, local restaurants, grocery stores, and the historic Hancock Golf Course. The neighborhood park boasts a newly renovated pool, tennis and basketball courts, a playground, and open green spaces. While the home shows the patina of its 110-year history and may benefit from thoughtful updates, the potential to create a true showpiece is undeniable. With its quiet charm and close proximity to The University of Texas and all that Central Austin has to offer, this property is a unique and exciting investment opportunity.
| 2 months ago | Price changed to $995,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
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Data last update - 2024-10-29 07:00 PM CDT
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