504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
SEE ALL PHOTOS
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
504 E 38 1/2 ST # 506 Unit: 504, 504B, 506
For Sale

504 E 38 1/2 ST # 506 Unit: 504, 504B, 506

504 E 38 1/2 ST # 506 Unit: 504, 504B, 506, Austin, TX 78751

$1,000,000
Rare Three-Unit Opportunity on a Large Lot in Hancock.
Located just steps from the historic Hancock Golf Course and some of Austin's most beloved local spots, this unique property presents a rare opportunity to own three individual 1 bed / 1 bath homes on a generous 10,890 sq ft lot in one of Central Austin's most walkable neighborhoods.

Perfect for investors, multi-generational living, or an owner-occupant seeking additional rental income, each unit offers its own charm, privacy, and complete living spaces--including full kitchens and bathrooms. The back cottage, rebuilt in 2014, is a quiet, modern retreat featuring granite countertops, solid bamboo floors, vaulted ceilings, and abundant natural light. It also includes central HVAC, a tankless gas water heater, in-unit laundry, and a private fenced yard.

The two front cottages retain their original hardwood floors and vintage character, enhanced with thoughtful updates like European-style washer/dryer combos for added convenience.

Additional highlights include alley access, a 2-car carport, and multiple off-street parking options. Located just half a block from Hancock Golf Course, jogging trails, and iconic neighborhood favorites like Asti, Vino Vino, and Hyde Park Bar & Grill, with easy access to UT and downtown.

Three standalone units. One large lot. Endless potential. This is a true Austin gem in the heart of Hancock.

Studio

1,645 Sq.Ft. LIVING AREA

0.25 Acres lot

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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 504 E 38 1/2 ST # 506 Unit: 504, 504B, 506, Austin, TX 78751. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Tile, Wood
  • Fireplace None
  • APPLIANCES Dishwasher, Disposal, Dryer, Oven, Range, RNGHD, Refrigerator, Washer
  • other interior Features Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main

Area & Lot

  • Status For Sale
  • Living Area1,645 Sq.Ft.
  • Lot Area0.25 Acres
  • MLS® ID9242525
  • TypeMulti-Family
  • YEAR BUILT1935
  • NeighborhoodCentral Austin Homes
  • Water FrontageNone
  • View DescriptionNone
  • Elementary SchoolLee
  • Middle SchoolKealing
  • High SchoolMcCallum
  • School DistrictAustin ISD

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesElectricity Available, Sewer Available, Water Available
  • PoolNone
  • roofComposition, Metal
  • lot featuresBack Yard, Curbs, Near Golf Course
  • parkingCarport, Off Street
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructurePillar/Post/Pier
  • Disability FeaturesNone
  • other exterior FeaturesPrivate Yard

Financial

  • Sales Price$1,000,000
  • Real Estate Tax $15,873/yr
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