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4515 Avenue B Ave
Austin, TX, 78751
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2 bed, 2 bath, 1,473 sqft on 0.18 acres in Hyde Park. Austin, TX 78751. $575,000. Austin ISD.
Rare Investment Opportunity in Hyde Park – Historic Charm, Prime Location, Endless Potential. Located in the heart of one of Austin’s most desirable and iconic neighborhoods, this unique Hyde Park property offers an exceptional opportunity for investors, builders, or visionary homeowners. Hyde Park is beloved for its historic homes, walkable streets, and unbeatable central location. Just minutes to Downtown Austin, the University of Texas campus, Central Market, Mueller, and all the shopping, dining, and cultural hotspots that make Austin truly one-of-a-kind.
Originally built in 1937 and relocated from Pemberton Heights to its current site in 1990, this charming bungalow carries a rich history and sits on a deep, flat lot with tremendous upside potential. Owned by the same individual since the move, the home has been well cared for, with a new HVAC system installed in 2019 and a water heater replaced in 2014. Many of the original materials and features remain intact, offering an authentic vintage aesthetic that could be restored or reimagined.
The 7,828 sq ft lot provides ample space for redevelopment. Zoned SF-3, the property presents multiple exit strategies and possibilities for investors. Renovate and Restore: Bring the existing home back to life with modern updates while preserving its original character. Tear Down and Rebuild: Take advantage of the large, flat lot to design and build a brand-new single-family home or a house + guest house configuration. Land Bank or Hold: With inventory still tight in central Austin and long-term appreciation potential strong, this is an excellent candidate to hold and develop at a future date.
Lots of opportunities here for the amazing lot in Hyde Park!
Verified property facts
4515 Avenue B Ave is listed at $575,000 with 2 bedrooms, 2 full bathrooms, 1,473 square feet, 0.18-acre lot.
4515 Avenue B Ave 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.
4515 Avenue B Ave is a Residential built in 1937 featuring 2 bedrooms, 2 full bathrooms, 1,473 square feet, 0.18-acre lot.
4515 Avenue B Ave is listed by Douglas Elliman Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
4515 Avenue B Ave is priced at $390 per square foot across 1,473 sqft. The Hyde Park neighborhood guide reference price is $862,500 (Hyde Park neighborhood guide · reference price).
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 4515 Avenue B Ave, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-13.4% | — | $690,766 | — | — |
2024-10.1% | — | $797,638 | $577,500 | $173,075 |
2023+40.6% | — | $887,587 | $577,500 | $220,138 |
2022 | — | $631,110 | $577,500 | $310,087 |
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% ($115K)
Adjustable assumption - not a lending recommendation.
$575,000
Luxury property intelligence
A sourced read on Hyde Park pricing, timing, and property scale. No automated valuation claim.
List price
$575,000
Price per sqft
$390/sqft
Vs. Neighborhood guide reference price
-33.3%
$862.5K · Hyde Park neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$575K original
Active inventory context
10 listings
Price Position in Hyde Park
Listed 33% below the Hyde Park neighborhood guide reference price. Hyde Park neighborhood guide · reference price.
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
The most recent annual property tax for 4515 Avenue B Ave is $13,690. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 4515 Avenue B Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 4515 Avenue B Ave is offered at $575,000. The current MLS snapshot shows 41 active listings in 78751. Keenan Group has completed 7 verified transactions in 78751 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Hyde Park guide for current neighborhood analysis.
4515 Avenue B Ave was built in 1937 (89 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Hyde Park is one of Austin's established neighborhoods, zoned for Austin ISD in the 78751 area. The Keenan Group has specialized in Hyde Park real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$575,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.4% | — | $690,766 | — | — |
2024-10.1% | — | $797,638 | $577,500 | $173,075 |
2023+40.6% | — | $887,587 | $577,500 | $220,138 |
2022 | — | $631,110 | $577,500 | $310,087 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 601 E 43rd ST | $750K |
| 4800 Duval ST | $535K |
| 604 E 46th ST | $695K |
| 614 W 51st St | $600K |
| 4600 AVENUE C | $455K |
Comparable homes that recently closed in this area
Neighborhood guide and local insights
Hyde Park was platted in 1891 as Austin's first planned suburban development, and it still has the original Moonlight Tower on Avenue G - one of only 15 surviving moonlight towers in the world and the only ones still in operation. That piece of infrastructure, unchanged for over a century, represents how Hyde Park relates to its own history. People do not just preserve old things here for show. They live in and around them every day. Hyde Park occupies a compact rectangle between Guadalupe on the west, Duval on the east, 38th Street on the south, and 45th on the north, immediately north of UT and about two miles from the Capitol. Downtown is a 10-minute drive or 15-minute bike ride. North Loop Boulevard along the northern edge has developed into a strip of vintage shops, record stores, and small restaurants. The I-35 corridor sits a few blocks east for highway access, though most residents orient their lives west and south. The housing stock makes Hyde Park architecturally distinct. Craftsman Bungalows account for roughly 40%, with low-pitched roofs, wide front porches, exposed rafter tails, and tapered columns. Victorian and Queen Anne styles make up 20%, with ornamental woodwork and bay windows. Tudor homes represent 15%, adding steep gables and decorative half-timbering. Most single-family homes range from 1,000 to 2,000 square feet on lots between 5,000 and 7,500 square feet - small by suburban standards but appropriate for 1890s design where front porches functioned as social space. Unrenovated bungalows start in the mid-$500s. Renovated homes sell between $750,000 and $1.2 million. Hyde Park falls within Austin ISD. Lee Elementary serves most of the neighborhood and benefits from active parent involvement. Lamar Middle School and McCallum High School complete the feeder pattern. McCallum has a well-regarded Fine Arts Academy drawing students districtwide. The proximity to UT creates informal educational benefits - kids grow up walking past the university and attending campus events. The lifestyle centers on front porches, coffee shops, and genuine walkability. Morning routines start at Epoch Coffee on North Loop or Quack's 43rd Street Bakery. Hyde Park Bar and Grill - the one with the giant fork sculpture - has been an institution since 1982. Foreign and Domestic brings ambitious seasonal cooking to North Loop. Asti Trattoria handles Italian with a rewarding wine list. Shipe Park serves as the central gathering space with a pool, playground, and basketball courts. Shoal Creek Trail and Pease Park provide jogging routes through old-growth pecan trees. Hyde Park competes on character, location, and walkability rather than square footage. Compared to Cherrywood, it offers more architectural variety and a stronger commercial corridor. Compared to Bouldin Creek and Zilker, it is generally less expensive per square foot with comparable walkability. The tradeoffs are real - lots are small, parking is limited, many homes lack garages, and the historic overlay means exterior changes require approval. Hyde Park is for buyers who prioritize neighborhood character over square footage and modern amenities. It fits UT faculty who want to walk to campus, creative professionals who draw energy from visible history, and couples who would rather live in 1,400 square feet of Craftsman charm than 3,000 of suburban drywall. If you need space, a pool, or proximity to the tech corridor, look elsewhere. But if you want to know your baristas by name and live in a house with stories in its walls, there is no better address in Austin.
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