Active Listing  ·  114 days on market

503 E 46th St

Austin, TX 78751
$1,185,000
3 Bed 2 Bath 1,777 sqft $667/sqft Built 1950 0.14 acres Pool Staehely

A refined, design-forward residence in the heart of Hyde Park, this home is the result of a true collaboration between architect Nick Mehl of Element 5 Architecture, builder Zack Savage, and interior designer Lisa White of Lisa White Home. Recognized as a Houzz Award-winning project, the home blends thoughtful architecture, high-end materials, and modern livability in one of Central Austin’s most sought-after neighborhoods.

Natural light fills the interiors through expansive Andersen Windows, enhancing both comfort and energy efficiency while maintaining clean architectural lines throughout. The open living, dining, and kitchen spaces are intentionally scaled—modern and airy without feeling oversized.

The kitchen and living areas are anchored by custom black walnut countertops crafted by DeVos Custom Woodworking and complemented by premium Heath Ceramics tile backsplash selections that add warmth and texture to the modern palette. Green building principles were incorporated throughout the design and construction process, contributing to the home’s efficiency and long-term performance.

Recent improvements include a newly installed 2026 24-gauge R-panel metal roof system upgraded from 26-gauge for enhanced durability and hail resistance, along with premium synthetic underlayment engineered specifically for metal roofing systems to provide superior water protection.

The screened-in porch extends the living experience outdoors, creating a flexible year-round space with seamless indoor-outdoor flow.

Located minutes from the University of Texas, The Triangle, and acclaimed dining destinations including Intero, Este, and Foreign & Domestic, this is a rare opportunity to own a fully realized architectural home in the heart of Hyde Park.

At $667/sqft, this home is priced 71% 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

503 E 46th St, Austin, TX 78751

Property Details

Price $1,185,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,777 sqft
Lot Size 0.14 acres (6,272.64 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Staehely
County Travis
Zip Code 78751
$/sqft $667/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,162.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225371381
List Date April 12, 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 →

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
611 W Johanna St
Bouldin James E Add
$1,188,000 $615 3 bd / 3 ba 1,933 sqft , 2026-04-09
605 Deep Eddy Ave
Johnson Charles Add
$1,175,000 $808 3 bd / 2 ba 1,454 sqft , 2026-06-10
2005 Sharon Ln
Ward & Treadwell
$1,195,000 $715 4 bd / 1 ba 1,672 sqft , 2026-05-09
1711 Eva St
Swisher Add
$1,195,000 $854 2 bd / 3 ba 1,400 sqft , 2026-05-29
2209 S 1st St #403
Bouldin
$1,199,000 $741 3 bd / 3 ba 1,619 sqft , 2026-04-16

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
$5,688/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
$237,000
20% conventional investment loan

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

Estimated Gross Rent+$5,688
Principal + Interest−$6,467
Property Tax (~2.1% TX avg)−$2,074
Insurance (~0.5%)−$494
Est. Monthly Cash Flow $-3,347

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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