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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
541 Hammond Ave #8 is listed for $600,000 and includes 0 bedrooms, 0.32 acres.
541 Hammond Ave #8 is in the Highland Park West area of Austin, Texas.
541 Hammond Ave #8 is a Commercial Sale built in 1929 with 0 bedrooms, 0.32 acres.
541 Hammond Ave #8 is listed at $600,000, -72.9% versus the available Highland Park West median of $2,214,263.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Own a multifamily asset located in a desirable rental market. 541 Hammond Avenue is an 8-unit complex in the heart of Highland Park. Tenants appreciate the available on site parking and a shared common area courtyard for enjoyment. This investment property sits in the classic San Antonio neighborhood of Highland Park. Tenants are within walking distance to a many various amenities. Located just minutes away from downtown San Antonio and its vibrant attractions, makes this property an even more enticing investment. With the desirable location close to HWY 90 and 281 it is perfect for commuters and provides convenient transportation for tenants. Buy now, and own a generously sized lot, giving you plenty of potential for expansion, enabling you to increase your investment and rental income. Brochure available.
Property Type
Commercial Sale
Year Built
1929
Lot Size
0.32 acres
Garage
10 spaces
Listed by Team Price Real Estate
Property Details
Flooring
Construction
Foundation
Parking
20% ($120K)
$600,000
Luxury property intelligence
A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.
List price
$600,000
Price per sqft
Not available
Vs. Highland Park West median
-72.9%
$2.2M median
Days on market
63 days
Original to current
No verified reduction
$695 original
Active inventory context
10 listings
Price Position in Highland Park West
Listed 73% below the Highland Park West median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 29, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
Highland Park West is one of Austin's established neighborhoods in the 78210 area. The Keenan Group has specialized in Highland Park West 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)
2 events on record
Current Price
$600,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Highland Park
Neighborhood guide and local insights
Highland Park West has the highest concentration of original mid-century ranch homes still standing in any Austin neighborhood west of MoPac. While other areas have torn down their 1950s houses to build new, Highland Park West has largely preserved its character, and that combination of period homes, big lots, and a live oak canopy with 60 years of growth gives the neighborhood a feel that no new construction can reproduce. Highland Park West sits between MoPac to the east, Mount Bonnell and Lake Austin to the west, Bull Creek Road to the north, and Balcones Drive to the south. Downtown is about 12 minutes south on MoPac. The 35th Street corridor provides walkable access to Central Market, Tiny Boxwoods, and local shops. Mount Bonnell Road runs along the western edge, giving direct access to one of Austin's most iconic overlooks. The location is genuinely central - equidistant from downtown, the Domain, and the Arboretum. Mid-Century Ranch homes account for roughly 45% of stock, defining the neighborhood's identity. These are single-story, three- and four-bedroom homes built between 1950 and 1970, typically 1,500 to 2,500 square feet on quarter-acre to half-acre lots. Many retain original rooflines, stone fireplaces, and terrazzo floors. Updated Ranch homes with modernized interiors make up about 25% and represent the sweet spot for buyers wanting character without a full renovation. Modern Hill Country builds account for 15%. Pricing starts around $800,000 for unrenovated originals and reaches $2 million for updated homes on premium greenbelt lots. Highland Park West is served by Austin ISD. Casis Elementary draws families from across west Austin and consistently ranks among the district's top elementary schools. O. Henry Middle School continues the pipeline, and Austin High School completes it. Austin High's central location and strong college placement make it a draw for families wanting quality public education. Many Casis families walk to school along shaded residential streets, adding to the community feel. The lifestyle is defined by what it is not. It is not a see-and-be-seen neighborhood. Streets curve with the terrain rather than following a grid, and lots are large enough that houses feel spaced apart. Perry Park and Dellana Park provide green space. Mount Bonnell and Mayfield Park are within five minutes. Bull Creek Greenbelt is accessible from the northern edge. For dining, Chez Zee has served comfort food on Balcones Drive for decades. Tiny Boxwoods brings its garden-setting farm-to-table concept. Postino in Bryker Woods does wine and bruschetta. Eldorado Cafe handles Tex-Mex. Bartlett's offers steaks and an old-school bar. Central Market on North Lamar serves as the de facto town square. Highland Park West threads the needle between Tarrytown's higher prices and Rosedale's more modest scale. It offers larger lots and more character than Northwest Hills' production builds. It is more affordable than the Eanes ISD neighborhoods across MoPac. And it has a more residential feel than Clarksville, which has absorbed more commercial development. The main consideration is that many original homes need meaningful investment - new roofs, updated electrical, HVAC replacement, and kitchen renovations. Highland Park West fits buyers who value architectural character and mature landscaping over new construction. It works for families wanting Casis Elementary and Austin High without the Tarrytown premium. It suits people who want proximity to downtown but prefer quiet, curving streets. And it draws buyers who appreciate mid-century design and want a home that feels like Austin rather than a suburb. If you need a brand-new kitchen and a four-car garage, you will pay a renovation premium. But if you want to live under a canopy of live oaks in a neighborhood that has resisted tearing everything down, Highland Park West is one of the few central Austin places where that is still possible.
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