Active Listing  ·  26 days on market

4408 Barrow Ave

Austin, TX 78751
$924,500
4 Bed 3 Bath 2,044 sqft $452/sqft Built 1937 0.14 acres Pool Eichelberger Ruby

Welcome to 4408 Barrow Avenue, a rare multi-unit opportunity in Austin’s sought-after Hyde Park neighborhood. This beautifully updated 1930s property blends timeless character with modern comfort and exceptional versatility, featuring two additional independent living spaces with private exterior entrances. Privately tucked just off E. 45th Street and backing to peaceful Waller Creek, the property is surrounded by mature trees, creating a tranquil setting in the heart of Central Austin.

The main residence showcases original hardwood floors, abundant natural light, neutral finishes, and charming built-ins that preserve its historic character. The home features two spacious bedrooms, one full bathroom, a formal dining room with built-in shelving, and a kitchen with a breakfast nook, generous pantry, and adjacent laundry room.

Two additional living spaces each offer a full bathroom and private exterior entrance. The larger unit is already plumbed for a full kitchen, creating excellent potential for a guest suite, multigenerational living, rental income, or private workspace. The second offers similar flexibility for additional living, studio, or office use. Buyers should independently verify intended uses and applicable city regulations. Outside, an expansive rear deck overlooks Waller Creek, offering a peaceful setting for relaxing, entertaining, and enjoying the surrounding nature.

Minutes from The University of Texas, Downtown Austin, Mueller, Dell Medical School, and St. David’s Medical Center, the property provides convenient access to dining, shopping, parks, entertainment, and major roadways. 4408 Barrow Avenue offers a distinctive combination of Hyde Park charm, Central Austin convenience, and multi-unit versatility.

At $452/sqft, this home is priced 16% 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

4408 Barrow Ave, Austin, TX 78751

Property Details

Price $924,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,044 sqft
Lot Size 0.14 acres (6,080.98 sqft)
Year Built 1937
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Eichelberger Ruby
County Travis
Zip Code 78751
$/sqft $452/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,133.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238850088
List Date July 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 →

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 · July 9, 2026 $944,500
Current ask $924,500
Reduced $20,000 (-2.1%) 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
10507 Plumewood Dr
Spicewood At Balcones Villages
$924,900 $379 3 bd / 3 ba 2,442 sqft , 2026-07-03
14603 Broken Bow Trl
Apache Shores Sec 03 Amd
$925,000 $364 3 bd / 3 ba 2,543 sqft , 2026-05-14
2702 S 2nd St #1 & 2
Oak Ridge Heights Sec 01
$925,000 $371 3 bd / 3 ba 2,496 sqft , 2026-05-27
7705 Jester Blvd
Jester Point 02 Sec 04
$925,000 $440 3 bd / 3 ba 2,104 sqft , 2026-06-25
1118 Algarita Ave #2
1118 Algarita Condos
$925,000 $516 3 bd / 3 ba 1,792 sqft , 2026-07-30

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
$4,438/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
$184,900
20% conventional investment loan

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

Estimated Gross Rent+$4,438
Principal + Interest−$5,045
Property Tax (~2.1% TX avg)−$1,618
Insurance (~0.5%)−$385
Est. Monthly Cash Flow $-2,610

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

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