Active Listing  ·  39 days on market

1028 E 43rd St

Austin, TX 78751
$599,000
3 Bed 2 Bath 1,088 sqft $551/sqft Built 1946 0.15 acres Pool Country Club Terrace

Live in one unit and let the other pay your mortgage — or purchase as a two-unit investment with tenants already in place. This well-maintained 1940s Hyde Park Craftsman offers two fully independent units, documented rental history for both LTR and STR, and all major systems replaced between 2021–2024.

Main house: 848 sq ft, 2 bed/1 bath, with a sunroom built for entertaining and a large flex room off the kitchen. New electrical panel, tankless water heater, full PEX repiping with freeze protection, and AC/condensing unit (2024). Guest house: 240 sq ft, full bath, private entrance, own mini-split (2021). Main house lease expires 7/31/26 (tenants not renewing); rear unit leased through 1/1/27. Rental history available on request.

Steps from Hancock HEB Center, easy access to UT Austin, major highways, and the airport. Off-street parking for two, fenced backyard, 12×10 storage shed.

At $551/sqft, this home is priced 41% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1028 E 43rd St, Austin, TX 78751

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,088 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 1946
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Country Club Terrace
County Travis
Zip Code 78751
$/sqft $551/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237579169
List Date June 26, 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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 26, 2026 $615,000
Previous ask $614,900
Current ask $599,000
Reduced $16,000 (-2.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
4914 Woodrow Ave
Ep Austin Properties Sub
$599,000 $627 3 bd / 1 ba 956 sqft , 2026-03-20
1801 Lavaca St #6E
Cambridge Condo Amd
$599,000 $463 2 bd / 2 ba 1,294 sqft , 2026-03-31
910 Tillery St #B
910 Tillery Condos
$599,000 $544 2 bd / 2 ba 1,102 sqft , 2026-05-22
1600 Barton Springs Rd #5301
Bartonplace Condo
$599,000 $526 2 bd / 2 ba 1,138 sqft , 2026-06-09
1011 Brodie St #15
Bouldin Creek Cottages Amd
$599,000 $440 2 bd / 2 ba 1,362 sqft , 2026-06-11

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 →

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 →