Active Listing  ·  4 days on market

108 E 46th St

Austin, TX 78751
$689,000
3 Bed 3 Bath 1,841 sqft $374/sqft Built 2001 0.07 acres 1-Car Garage Pool Hyde Park Annex

Welcome to this Hyde Park home featuring an inviting layout that effortlessly balances everyday comfort with high-end style. The classic exterior boasts a fenced front yard that welcomes you home, while the main interior showcases rich wood and durable tile flooring running continuously throughout the entire property. At the heart of the home, the island kitchen stands out with its convenient breakfast bar, built-in oven, and gas cooktop—a chef's dream designed for easy meal prep and entertaining.

All three spacious bedrooms are thoughtfully tucked away on the upper level for maximum privacy, including an expansive primary suite that serves as a true personal retreat. The primary bedroom boasts its own private ensuite bathroom equipped with a luxurious jetted tub, a separate standalone shower, and a generous walk-in closet, alongside easy access to a private upstairs balcony where you can start your mornings with fresh air and a cup of coffee. Complete with two full bathrooms and a convenient main-floor half bath across 1,841 square feet, this residence delivers an exceptional footprint.

Unbeatable central convenience defines this location, putting you just five minutes from the University of Texas campus and ten minutes from the heart of downtown Austin. Enjoy seamless daily commutes and effortless weekend outings with quick access to public transportation and IH-35 nearby.

At $374/sqft, this home is 4% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

108 E 46th St, Austin, TX 78751

Property Details

Price $689,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,841 sqft
Lot Size 0.07 acres (3,214.73 sqft)
Year Built 2001
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hyde Park Annex
County Travis
Zip Code 78751
$/sqft $374/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,295
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243342856
List Date August 19, 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
933 E 51st St
Ridgetop
$695,000 $404 3 bd / 3 ba 1,720 sqft , 2026-04-01
5815 Duval St
Skyview Sec 03
$695,000 $414 3 bd / 2 ba 1,678 sqft , 2026-07-24
400 W 51st St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11
400 W 51 St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11
712 E 44th St #A
Caswell Place Condo
$714,900 $348 4 bd / 3 ba 2,052 sqft , 2026-06-02

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
$3,307/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
$137,800
20% conventional investment loan

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

Estimated Gross Rent+$3,307
Principal + Interest−$3,760
Property Tax (~2.1% TX avg)−$1,206
Insurance (~0.5%)−$287
Est. Monthly Cash Flow $-1,946

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 August 20, 2026.

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