Active Listing  ·  14 days on market

806 E 32nd St

Austin, TX 78705
$1,080,000
4 Bed 3 Bath 2,195 sqft $492/sqft Built 1940 0.13 acres Pool Hofheinz E J Resub Lt 19 Beau

Charming Renovated Bungalow in the Heart of Central Austin

Enjoy an exceptional opportunity to live in the heart of Central Austin, nestled in the desirable Hancock and North University neighborhoods! This charming, beautifully renovated home offers a prime location just minutes from Hancock Recreation Center, Hancock Golf Course, the University of Texas at Austin, Downtown Austin, Hyde Park restaurants, grocery stores, local bars, and Lady Bird Lake.

Featuring 2,195 square feet, 4 bedrooms, and 3 bathrooms this inviting home combines classic character with modern updates. Original oak hardwood floors add timeless charm, while abundant windows and new blinds fill the home with natural light.

The thoughtfully designed layout features separate living and dining areas, along with a beautifully renovated kitchen equipped with stone countertops, a stainless-steel sink. The renovated utility room includes a washer and dryer for added convenience.

Recent improvements include:

• Renovated bathrooms with new tile flooring, updated lighting, modern vanities, and quartz countertops

• Two bathrooms featuring walk-in showers

• New tile flooring in the kitchen, bathrooms, and front entryway

• Updated electrical fixtures, lighting, ceiling fans, and electrical outlets throughout the home

• Partial plumbing updates

• Serviced HVAC systems

• Updated bathroom storage and closets

• Fresh landscaping, new grass, and an automatic irrigation system with drip irrigation

• New roof, new gutters, new outside and inside painting

With its spacious layout, classic bungalow charm, extensive updates, and unbeatable Central Austin location, this home offers a wonderful blend of comfort, convenience, and character.

A must-see property in one of Austin’s most sought-after neighborhoods!

At $492/sqft, this home is priced 26% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

806 E 32nd St, Austin, TX 78705

Property Details

Price $1,080,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,195 sqft
Lot Size 0.13 acres (5,715.07 sqft)
Year Built 1940
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hofheinz E J Resub Lt 19 Beau
County Travis
Zip Code 78705
$/sqft $492/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,124.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251054838
List Date October 29, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District Austin ISD

Austin ISD

Lee · Kealing · McCallum

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
3907 Becker Ave
Country Club Heights
$1,050,000 $395 4 bd / 3 ba 2,656 sqft , 2026-09-04
3504 West Ave
Division D
$1,050,000 $567 3 bd / 2 ba 1,851 sqft , 2026-10-16
1606 Cedar Ave #A
Glenwood Add
$1,149,000 $589 4 bd / 4 ba 1,950 sqft , 2026-08-14
1908 Maple Ave
Washington
$1,150,000 $498 4 bd / 3 ba 2,310 sqft , 2026-07-21
1814 Maple Ave
Glenwood Add
$999,999 $433 3 bd / 3 ba 2,310 sqft , 2026-09-17

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
$5,184/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
$216,000
20% conventional investment loan

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

Estimated Gross Rent+$5,184
Principal + Interest−$5,894
Property Tax (assumed ~2.1%)−$1,890
Insurance (assumed ~0.5%)−$450
Est. Monthly Cash Flow $-3,050

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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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 · 41 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. The written content was last updated on November 7, 2026.

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

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