4115 Avenue D #1
About This Property
In the heart of Hyde Park, one of Austin's most iconic historic neighborhoods, The Sanctuary is a home unlike anything else in Central Austin. Originally built as a church and thoughtfully reimagined for modern residential living, this remarkable 6,003-square-foot residence preserves the character and architectural presence of its past while delivering a clean, sophisticated interior designed for the way people live today.
Soaring ceilings and dramatic proportions define expansive, light-filled living spaces, creating a sense of scale rarely found in Hyde Park. A striking glass-enclosed wine display becomes an architectural focal point, while generous gathering spaces transition effortlessly from everyday living to entertaining. Six bedrooms and six full baths, including five ensuite bedrooms, provide exceptional flexibility for family, guests, home offices and private retreats.
The result is a residence that feels both historic and distinctly current - an inspired transformation that celebrates the building's original architecture rather than erasing it.
Outside the property, the best of Hyde Park is close at hand. Tree-lined streets, historic homes and neighborhood favorites create the character that has made Hyde Park one of Austin's most enduringly sought-after neighborhoods. Shipe Park and Central Market are nearby, with The University of Texas and Downtown Austin just minutes away.
For the buyer seeking something truly distinctive, The Sanctuary offers architectural character, remarkable scale and an irreplaceable sense of place in the heart of Hyde Park, Austin. The adjacent fourplex, The Four, is also available separately or together with The Sanctuary, creating an opportunity to expand the property for income, guests or multigenerational living.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by Compass RE Texas, LLC | $1,800,000 | |
| Listed by Compass RE Texas, LLC | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017