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407 E 38th ST Unit #2
Austin, TX, 78705
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$715,000
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*Investor Opportunity*- Two units being sold as a package. The large lot with multiple alley access points offers redevelopment potential. Property currently hosts 2 units, one unit on the main level and second unit on upper level with private access from exterior stairs. The main level unit is a 2/2 plus office with a living, kitchen, dining area, and laundry connections. The upper unit is a 2/1 plus office with living and kitchen. A detached carport with storage provides 2 covered spaces and adjacent is space for 3 additional cars. Amazing Hyde Park location, close to UT and medical district. Located 2 blocks from the UT Shuttle/Metro.
Property Type
Residential
Year Built
1939
Lot Size
0.17 acres
$/Sq Ft
$283
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
407 E 38th ST Unit #2 is listed at $715,000 with 4 bedrooms, 3 full bathrooms, 2,523 square feet, 0.17-acre lot.
407 E 38th ST Unit #2 is zoned for Austin ISD with assigned schools: Lee (10/10) (elementary), Kealing (10/10) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
407 E 38th ST Unit #2 is a Residential built in 1939 featuring 4 bedrooms, 3 full bathrooms, 2,523 square feet, 0.17-acre lot.
407 E 38th ST Unit #2 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($143,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 407 E 38th ST Unit #2 is around $5,021 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+117.1% | — | $594,095 | — | — |
2024-20.0% | — | $273,620 | $3,200 | $461,375 |
2023-20.2% | — | $342,163 | $3,200 | $270,420 |
2022+10.0% | — | $429,000 | $2,560 | $339,603 |
2021 | — | $390,068 | $163,800 | $265,200 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($143K)
$715,000
Luxury property intelligence
A sourced read on Hyde Park House Condo Amd pricing, timing, and property scale. No automated valuation claim.
List price
$715,000
Price per sqft
$283/sqft
Vs. Hyde Park House Condo Amd median
Not available
Days on market
Not available
Original to current
No verified reduction
$715K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $715,000, 407 E 38th ST Unit #2 is in the Hyde Park House Condo Amd market where there are currently 17 active listings in 78705. The Keenan Group has completed 1 transactions in 78705 as part of 1,000+ career sales totaling $1B+ across Austin.
407 E 38th ST Unit #2 was built in 1939 (87 years ago). Buyers should budget for potential updates to major systems.
407 E 38th ST Unit #2 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$715,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+117.1% | — | $594,095 | — | — |
2024-20.0% | — | $273,620 | $3,200 | $461,375 |
2023-20.2% | — | $342,163 | $3,200 | $270,420 |
2022+10.0% | — | $429,000 | $2,560 | $339,603 |
2021 | — | $390,068 | $163,800 | $265,200 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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