Active Listing  ·  50 days on market

4515 and 4517 Avenue D None

Austin, TX 78751
$1,995,000
4 Bed 4 Bath 3,304 sqft $604/sqft Built 2022 0.38 acres Pool Hyde Park Annex

The list price of $1,995,000 now includes both properties at 4515 and 4517 Avenue D- the combined lots measure 125' x 131', creating a park-like estate setting. A distinctive addition to historic Hyde Park, 4515 Avenue D was built in 2022 and designed in a modern Scandinavian style. Featured on the 2023 Austin Modern Home Tour, this 3,300-square-foot residence pairs clean lines and balanced proportions with striking architectural presence.Twelve-foot ceilings and tall windows fill the home with natural light. As you enter the home, the wide foyer opens to an expansive formal living and dining room with custom overhead shelving and cabinetry, along with a wine fridge and bar sink, perfect for entertaining.At the rear, a generous sized family room flows into a European-style kitchen with a large center island and premium Miele, Bosch, and ASKO appliances.An adjoining oversized pantry and utility room provide abundant storage with built-in cabinets for wine, essential housewares, and laundry. Adjacent to the kitchen is a bonus room/study/exercise room. From the rear living area, there is access to the large backyard. A private bedroom wing on the opposite side of the house features four bedrooms and three and one-half baths. The stunning primary suite includes an open concept soaking tub with walk-in shower, dual vanities, and a custom designed closet with floor-to-ceiling storage options and built-ins. The home is prewired for a security system and ready for EV charging. A long carport on the south side of the house provides covered parking for multiple vehicles. Full sprinkler system, drip irrigation,newly landscaped yard. Together, 4515 Avenue D (75' x 131') and 4517 Avenue D (50’ x 131’) measure a total of 16,322 square feet, or 0.375 acres. The additional lot features beautiful shade trees and creates a variety of opportunities such as building a pool, guest house and/or garage to accompany 4515 Avenue D.

At $604/sqft, this home is priced 54% 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

4515 and 4517 Avenue D None, Austin, TX 78751

Property Details

Price $1,995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,304 sqft
Lot Size 0.38 acres (16,335 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hyde Park Annex
County Travis
Zip Code 78751
$/sqft $604/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $31,747
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236102032
List Date June 15, 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
6100 Gena Ct
Allandale West Sec 05
$1,995,000 $633 4 bd / 4 ba 3,153 sqft , 2026-05-14
1321 Wilderness Dr
Beecave Woods Sec 02
$1,995,000 $642 4 bd / 3 ba 3,106 sqft , 2026-06-10
4304 Shoalwood Ave
Rosedale E
$1,995,000 $766 3 bd / 4 ba 2,604 sqft , 2026-07-03
1102 Summit St
Bellvue Park
$1,995,000 $574 4 bd / 5 ba 3,476 sqft , 2026-07-09
12609 Lyndon Dr
Hughes Park Lake 02
$1,995,000 $486 4 bd / 4 ba 4,106 sqft , 2026-07-17

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
$9,576/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
$399,000
20% conventional investment loan

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

Estimated Gross Rent+$9,576
Principal + Interest−$10,888
Property Tax (~2.1% TX avg)−$3,491
Insurance (~0.5%)−$831
Est. Monthly Cash Flow $-5,634

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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