Active Listing  ·  46 days on market

206 E 43rd St

Austin, TX 78751
$675,000
2 Bed 1 Bath 776 sqft $870/sqft Built 1912 0.07 acres Pool Hyde Park Add 01

Tucked beneath a canopy of mature trees on one of Central Austin’s most cherished streets, this thoughtfully updated two-bedroom, one-bath bungalow embodies the timeless character and quiet elegance that define the neighborhood. Lovingly cared for by the same family for many decades, the home seamlessly blends historic charm with carefully curated improvements, creating a warm and inviting retreat in the heart of the city. Inside, beautifully maintained hardwood floors provide warmth and authenticity throughout the home, while abundant natural light enhances each living space. The extensively remodeled kitchen is both functional and refined, featuring floor-to-ceiling custom cabinetry with deep storage, stainless steel countertops, a premium cooktop, and thoughtfully designed workspace that complements the home’s modern aesthetic.

Recent windows invite natural light while improving efficiency and comfort. A discreetly integrated stackable washer and dryer maximize functionality and preserving the home's efficient use of space. A European-inspired minimalist designed bath, offers a sophisticated and efficient layout that focuses on simplicity, quality, and timeless appeal. Every detail has been thoughtfully considered to create spaces that are beautiful and practical. Beyond the interiors, an intimate backyard provides a quiet, private setting for outdoor enjoyment of this established neighborhood. The welcoming front porch, offers the perfect place to relax and appreciate the enduring character of Hyde Park. Located just north of the University of Texas campus and moments from Central Austin conveniences, this charming residence presents a rare opportunity to own a beautifully maintained bungalow that honors its history while embracing modern living. Timeless, inviting, and authentically Hyde Park, this is the kind of home that rarely becomes available and leaves a lasting impression long after you have stepped inside.

At $870/sqft, this home is priced 123% 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

206 E 43rd St, Austin, TX 78751

Property Details

Price $675,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 776 sqft
Lot Size 0.07 acres (2,848.82 sqft)
Year Built 1912
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hyde Park Add 01
County Travis
Zip Code 78751
$/sqft $870/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,429.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236899264
List Date June 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.

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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
48 East Ave #2108
Natiivo
$675,000 $841 1 bd / 1 ba 803 sqft , 2026-03-25
1900 Barton Springs Rd #5027
ZILKR ON THE PARK CONDOMINIUMS
$675,000 $662 2 bd / 2 ba 1,019 sqft , 2024-07-18
48 East Ave #1804
Natiivo
$679,900 $755 1 bd / 1 ba 901 sqft , 2026-02-06
48 East Ave #2504
Natiivo
$679,900 $761 1 bd / 1 ba 893 sqft , 2026-04-15
703 E 45th 1/2 St
Ridgetop Annex
$670,000 $698 2 bd / 1 ba 960 sqft , 2026-06-23

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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

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