#6648623, Richard Caprioli, Listing Office: Engel & Volkers Austin
504 E 38 1/2 St Unit 504, 504B, 506 Austin, TX 78751
Property details
About 504 E 38 1/2 St Unit 504, 504B, 506
Located just steps from the historic Hancock Golf Course and some of Austin’s most beloved eateries, this unique property offers incredible flexibility, charm, and investment potential. Situated on a 10,890 sq ft lot with alley access, you'll find three separate 1 bed / 1 bath homes, each with its own kitchen and living space. The back cottage, thoughtfully rebuilt in 2014, is quiet and cozy with a private fenced yard. It features modern finishes, including granite countertops, solid bamboo flooring, vaulted ceilings, and natural light. This updated home also includes a tankless gas water heater, central HVAC, washer/dryer, dishwasher, refrigerator, and more—perfect for an owner-occupant or as a high-demand rental. The two front cottages are full of charm, maintaining their original hardwood floors and vintage character. Both homes are equipped with European-style combo washer/dryers for convenience. Parking is a breeze with a 2-car carport in front and alley-accessed parking for the back house. The incredible location is a 1/2 block to Hancock Golf Course, jogging trails, and beloved neighborhood spots like Asti, Vino Vino, Hyde Park Bar & Grill, and just minutes to UT and downtown Austin.
Highlights
Summary
- Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
- Flooring Type: Tile, Wood
- Interior: Separate/Formal Dining Room, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, No Interior Steps
- Fireplace: None
- Parking: Carport, Off Street
- Waterfront: None
- Exterior: Private Yard
- Heating: Central
- Cooling: Central Air
- List Price: $1,100,000
- Price/SqFt: $668
- Lot: Back Yard, Near Golf Course
- Directions: W 35th Street, turn left onto Duval St, turn right onto 38 1/2 St, house is on the left
- Year Built: 1935
- Stories: 1
- Living Area: 1,645 SqFt
- Lot Size: 0.2504 Acres
- MLS Number: 9242525
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 761-5409
- Listing Agent: Dominique Anderson
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 5/19/2025, 2:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,100,000
504 E 38 1/2 St Unit 504, 504B, 506
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
Lee Elementary School
Public District KG-6
0.4 mi
•3308 Hampton Rd
6
Maplewood Elementary School
Public District PK-5
0.9 mi
•3808 Maplewood Ave
8
Ridgetop Elementary School
Public District PK-5
1.1 mi
•5005 Caswell Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,858. Residents of Austin, TX typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 504 E 38 1/2 St Unit 504, 504B, 506 in Austin, TX and zip code 78751 in the Oaklawn neighborhood. This 1,645 square foot home, which was built in 1935, sits on a 0.25 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $1,100,000.
Over 136 listings were sold over their listed price in April 2025 in Austin, TX. In the same period over 524 listings were sold below the listed price and 135 listings were sold for the listed price. Between March and April 2025, Austin, TX real estate market has seen increase in the number of listings by 23.5%. The median list price of listings available in April 2025 was $577,195, while the average time on the real estate market was 48 days.