Active Listing  ·  113 days on market

501 E 50th St

Austin, TX 78751
$950,000
3 Bed 3 Bath 2,028 sqft $468/sqft Built 2024 0.07 acres Pool Hyde Park

Tucked into one of Central Austin's most desirable neighborhoods, 501 E 50th Street offers a rare combination of quality construction, thoughtful design, and an unbeatable Hyde Park location. Built by F&B Homes and Friedman General Contracting with architecture by Steve Zagorski, this well-appointed home features 3 bedrooms, 2.5 bathrooms, soaring 10-foot ceilings, and premium Marvin windows throughout, details that continue to set it apart.

The open-concept floor plan centers on a well-equipped kitchen with KitchenAid stainless-steel appliances, ProCraft custom cabinetry, and generous storage, flowing seamlessly into the living and dining areas. A sliding glass door opens to the covered patio, extending living space outdoors and into a spacious backyard ready for relaxing, entertaining, or customizing to fit your lifestyle. A second-level living room adds valuable flexibility as a media room, office, or secondary gathering space, while the private primary suite offers a true retreat with dual vanities, handsome countertops, and a large walk-in shower.

Move-in ready and low-maintenance, 501 E 50th Street is a smart choice whether you're looking for a stylish primary residence or a well-located investment. Enjoy quality craftsmanship and modern finishes just minutes from Austin's favorite restaurants, coffee shops, parks, and downtown. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

At $468/sqft, this home is priced 19% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

501 E 50th St, Austin, TX 78751

Property Details

Price $950,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,028 sqft
Lot Size 0.07 acres (3,118.9 sqft)
Year Built 2024
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hyde Park
County Travis
Zip Code 78751
$/sqft $468/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,634.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231708271
List Date June 1, 2026
Elementary School Reilly
Middle School Lamar (Austin ISD)
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 1, 2026 $975,000
Current ask $950,000
Reduced $25,000 (-2.6%) 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
5212 Woodrow Ave
Broadacres
$925,000 $555 4 bd / 2 ba 1,666 sqft , 2026-08-28
811 E 45th St
Ridgetop Annex
$900,000 $515 3 bd / 2 ba 1,749 sqft , 2026-08-05
5301 Grover Ave
Skyland Terrace
$899,900 $447 3 bd / 3 ba 2,015 sqft , 2026-08-21
1206 North St
GEORGIAN TERRACE
$895,000 $505 3 bd / 2 ba 1,771 sqft , 2026-09-18
4408 Barrow Ave
Eichelberger Ruby
$894,500 $438 4 bd / 3 ba 2,044 sqft , 2026-07-09

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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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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 September 19, 2026.

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