1807 W 38th ST, Austin TX 78731
MLS #245639049 · Keller Williams Realty · Roya Johnson
About this home
Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property's potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin's most desirable areas.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1950
- Full baths
- 2
- Lot size
- 0.162
- Subdivision
- Oakmont Heights
- MLS area
- 4
- MLS #
- 245639049
Features
Interior features
- None
Exterior features
- Private Yard
Additional details
- Parking
- Assigned, Gravel, Off Street, Reserved
- Garage spaces
- 0
- Roof
- Composition
- Foundation
- Slab
- Annual tax
- $12,713
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Bryker Woods
- Middle
- O Henry
- High
- Austin
Market insights
Compared with 182 active homes in ZIP 78731 · HomeLocating listings
Estimated monthly payment
Our estimate — not a quote or MLS data. Adjust the assumptions below; actual costs vary by lender, credit, and exact tax/insurance.
Property tax uses this home's reported annual tax ($12,713/yr). Insurance is a rough estimate. Not a lending offer; contact a lender for exact figures.
Ask about renovation financing for this home
With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.
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Listing courtesy of Keller Williams Realty · Roya Johnson
Listing data last updated Sep 2, 2026, 1:16 PM
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