Active Listing  ·  60 days on market

4606 Evans Ave

Austin, TX 78751
$1,950,000
5 Bed 5 Bath 3,353 sqft $582/sqft Built 2022 0.23 acres Pool Staehely

Hyde Park at its finest! 4606 Evans Ave offers an incredibly rare and rewarding opportunity: a main house AND detached ADU. Unlike most garage apartments commonly found in Hyde Park, the ADU features a full kitchen/living area, two spacious bedrooms, two full baths, its own laundry closet, and private front and back yards. Two homes for the price of one! Perhaps you want to operate the ADU as a short- or long-term rental to boost your income, provide easy guest accommodations for family or friends, or plan for some other use, the detached ADU offers exceptional versatility of use. The ADU has been a successful rental since it was built in 2022 and the P&L's are available for review. Built in 2022, 4606 Evans Ave embraces a craftsman design that is so beloved in the neighborhood. The main house features an intuitive and thoughtful floor plan, including: 3 spacious bedrooms, 2.5 baths, designated office, two living areas, chef's kitchen, designated laundry room, second floor landing, and additional flex room or storage space. Attention to detail around every corner. The tasteful wood floors and cathedral ceiling create a warm and inviting atmosphere. Enjoy a relaxing soak in the spacious primary bathroom's clawfoot tub. The masterfully designed kitchen is sure to impress, including a stunning high-end Dacor range (installed 2025), and the covered back deck is perfect for entertaining. The fenced yard creates a sense of space and privacy for the main house. Shipe Neighborhood Park is about a 5 min walk away and you can enjoy a handful of Austin favorites just a 10 min walk away. Just to name a few: Antonelli's Cheese Shop, Quack's Bakery, Flightpath Coffee, ASTI Trattoria, Allday Pizza, and Biscuits & Groovy. Per TCAD, the main house is 2,409 SF and the ADU is 944 SF. All ADU furniture and all appliances may convey with an acceptable offer. All info subject to buyer due diligence.

At $582/sqft, this home is priced 49% 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

4606 Evans Ave, Austin, TX 78751

Property Details

Price $1,950,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,353 sqft
Lot Size 0.23 acres (9,875.05 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Staehely
County Travis
Zip Code 78751
$/sqft $582/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $29,547.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232474960
List Date June 5, 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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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 5, 2026 $1,999,000
Current ask $1,950,000
Reduced $49,000 (-2.5%) 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
4603 Avenue C None
HYDE PARK ANNEX
$1,950,000 $556 4 bd / 6 ba 3,508 sqft , 2026-07-01
2308 Forest Ave
La Prelle Place Resub
$1,949,000 $526 4 bd / 4 ba 3,706 sqft , 2026-04-09
6105 Dusk Light Cv
Madrone Canyon
$1,945,000 $545 4 bd / 5 ba 3,569 sqft , 2026-04-06
1011 Castile Rd
AUSTIN LAKE HILLS SEC 3
$1,969,000 $499 5 bd / 5 ba 3,943 sqft , 2026-06-09
5801 Valley Cir
Northwest Hills Sec 02
$1,975,000 $504 5 bd / 4 ba 3,920 sqft , 2026-05-21

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
$9,360/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
$390,000
20% conventional investment loan

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

Estimated Gross Rent+$9,360
Principal + Interest−$10,642
Property Tax (~2.1% TX avg)−$3,413
Insurance (~0.5%)−$813
Est. Monthly Cash Flow $-5,508

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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