Active Listing  ·  13 days on market

1011 E 45th St

Austin, TX 78751
$550,000
3 Bed 1 Bath 1,206 sqft $456/sqft Built 1948 0.16 acres 2-Car Garage Pool Hancock - North Hyde Park - Braswell

Classic 1950s bungalow in the heart of North Hyde Park, thoughtfully cared for and updated with numerous important improvements while retaining the character that makes vintage Austin homes so special. This 3-bedroom, 1-bath home features original oak hardwood floors throughout the living room, hallways and bedrooms, an open living, dining and kitchen arrangement, and three generously sized bedrooms with ample closet space. The full-size bathroom has been remodeled in keeping with the home's era, featuring vintage-style hexagon tile flooring and a refinished vanity with marble countertop. Original wood windows remain throughout, with some still operable, adding to the home's authentic charm. Behind the classic finishes, several major systems have been meaningfully upgraded: HVAC replaced in 2020, garage doors replaced in 2022, water heater replaced in 2024, new roof and gutters installed in 2024, and plumbing beneath the home converted from cast iron to PVC in 2025. The backyard includes a cowboy pool, offering a fun addition to the outdoor space. A rare opportunity to own a well-maintained vintage bungalow in highly desirable Central Austin with its original character intact and many of the home's major systems already addressed.

At $456/sqft, this home is priced 16% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1011 E 45th St, Austin, TX 78751

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,206 sqft
Lot Size 0.16 acres (7,030.58 sqft)
Year Built 1948
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hancock - North Hyde Park - Braswell
County Travis
Zip Code 78751
$/sqft $456/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,366.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243182381
List Date September 9, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1701 Simond Ave #304
Parkside/Mueller Condos
$550,000 $473 2 bd / 2 ba 1,162 sqft , 2026-04-23
1308 BROADMOOR Dr
WINDSOR PARK SEC 4A
$549,000 $400 3 bd / 2 ba 1,372 sqft , 2026-05-04
1701 Simond Ave #639
Parkside/Mueller Condos
$545,000 $500 2 bd / 2 ba 1,091 sqft , 2026-02-28
939 E 52nd St #2
Ridgetop
$540,000 $475 2 bd / 3 ba 1,138 sqft , 2026-07-09
1701 Simond Ave #407
Parkside/Mueller Condos
$540,000 $465 2 bd / 2 ba 1,162 sqft , 2026-09-17

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,640/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$110,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Neighborhood Context

About Hyde Park

Hyde Park is the neighborhood that defined what Austin neighborhoods could be. Developed in the 1890s as one of Austin's first streetcar suburbs, it has maintained its historic character - tree-lined streets, craftsman bungalows, Victorian cottages - while staying one of the most livable and walkable parts of the city.

The neighborhood sits north of UT Austin between Guadalupe Street and Duval, roughly from 38th to 51st Street. Its proximity to the university brings energy and walkability, and the Guadalupe "Drag" corridor offers coffee shops, restaurants, and bookstores steps from most homes.

🏘️
Architecture

One of Austin's best collections of historic homes - craftsman bungalows, Victorian cottages, and mid-century ranches that have survived Austin's development waves intact.

🚶
Walkability

Walk Score of 85. Coffee, restaurants, parks, and the UT campus are all within walking distance. One of the few Austin neighborhoods where you can genuinely live without a car for day-to-day needs.

🌿
Shipe Park

The neighborhood's anchor green space - pool, tennis courts, and a community hub that hosts farmers markets and neighborhood events.

📚
UT Proximity

5-minute drive or 20-minute walk to UT's campus. Great for faculty, staff, and graduate students; also adds long-term rental investment potential for owners.

Full Hyde Park Guide →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →