$750,000
●
House -
Off Market
4502 Avenue H
Austin, TX 78751
2 Beds
1 Bath
1,577 Ft²
$4,789
Est. Monthly
2.52%
Cap Rate
About This Property
A rare chance to own a character-rich, income-producing property in
the heart of Central Austin's beloved Hyde Park. This unique setup
includes two residences on one lot - a stylishly updated 2-bed,
1-bath main bungalow, and a separate 1-bed, 1-bath garage apartment
- recently generating a combined $4,950/month in rental income. The
front home, previously leased at $3,500/month, is fully furnished
and thoughtfully renovated with refinished original wood floors,
quartz countertops, custom cabinetry, a slide-in gas range,
spacious bedrooms with walk-in closets, and a marble-tiled
bathroom. Every detail reflects both function and design. Washer
and dryer included in-unit. The back unit, leased at $1,450/month,
is a well-kept 1-bed, 1-bath garage apartment offering the same
unbeatable location-just steps from Shipe Park, local dining and
coffee shops, and one block from major bus routes with quick access
to UT. This is a turnkey opportunity to step into steady cash flow
in one of Austin's most iconic and walkable neighborhoods.
Unit Size
1,577 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$476
Property Type
House
Property Taxes
$1,106
HOA Dues
-
Year Built
1946
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Cap Rate Calculator
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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: 2 years ago (Unlock MLS #ACT1575704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 12, 2025 | Price Decreased |
$750,000
↓ $50K
(6.2%) | |
| Price Decreased | |||
| Jul 14, 2025 | Price Decreased |
$799,500
↓ $50K
(5.9%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$849,500
↓ $26K
(2.9%) | |
| Price Decreased | |||
| Jun 28, 2025 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Closing Price
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HOA + Taxes
About Hyde Park
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Listed by: Shay Millheiser
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 345-2100
Last Updated: 2025-08-19 04:20:23
Data Source: Unlock MLS, MLS# ACT1575704
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 345-2100
Last Updated: 2025-08-19 04:20:23
Data Source: Unlock MLS, MLS# ACT1575704
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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