$500,000
↓ $50K (9.1%)
●
House -
For Sale
304 W 42nd ST
Austin, TX 78751
1 Bed
1 Bath
986 Ft²
$3,320
Est. Monthly
About This Property
Set on the corner of Avenue C and West 42nd, this 0.13 acre lot is
nestled beneath a canopy of mature oak trees, offering something
increasingly hard to find in central Austin: land and location as
the primary value. The existing facade holds its place along the
historic streetscape, offering a rare opportunity to build new
construction while retaining an established architectural presence
on the street - a distinction few lots in the district can offer.
Positioned on a tree-lined street in the heart of Hyde Park, the
setting captures everything that makes this pocket of Austin so
sought-after: mature landscaping, historic character, and walkable
charm just minutes from the University of Texas and downtown.
Neighborhood favorites like First Light Books, All Day Pizza,
Quack's Bakery, and the shops along Duval Street are all close at
hand, along with the green space of Shipe Park. This isn't just a
lot. It's a foundation for something exceptional, in a neighborhood
defined by its history, its trees, and its enduring appeal.
Unit Size
986 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$507
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1930
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 days ago (Unlock MLS #ACT4721427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$500,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Oct 15, 2026 | Relisted | $550,000 | |
| Relisted | |||
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$550,000
↓ $49K
(8.2%) | |
| Price Decreased | |||
| Aug 1, 2026 | Relisted | $599,000 | |
| Relisted | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Interior Features: High Speed Internet, None
Appliances: Dishwasher, Free-Standing Refrigerator
Flooring Type: Wood
Exterior Details
Square Footage: 986
Square Footage Source: $0
Green Sustainability
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1930
Waterfront Features: None
Levels: One
Other Structures: Shed(s)
Window Features: Wood Frames
Construction Materials: Frame
Patio and Porch Features: None
Pool Features: None
Lot Features: Back Yard, Wooded
Lot Size Area: 5937.23
Lot Size Units: Square Feet
Lot Size Acres: 0.1363
Lot Size Square Feet: 5937.23
Lot Size Dimensions: 50x120
Water Source: Public
Financial Details
Tax Map Number: 17-18
Tax Assessed Value: $633,493
Tax Annual Amount: $10,373
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hyde Park
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Listed by: Jen Berbas
Listed Office: Bramlett Partners - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-10-15 04:12:09
Data Source: Unlock MLS, MLS# ACT4721427
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bramlett Partners - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-10-15 04:12:09
Data Source: Unlock MLS, MLS# ACT4721427
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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