This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.
500 E 42nd ST, Austin TX 78751
MLS #245280374 · RealAgent · Bobby Baylor
About this home
Here's your chance to own a piece of Austin history. Built in 1920, this charming bungalow sits on a corner lot in the heart of Hyde Park and offers endless possibilities for renovation or restoration. Inside you'll find approximately 970 square feet with two bedrooms, one bathroom, a formal living room, formal dining room, and spacious kitchen. Original architectural details reflect the home's historic character while providing the perfect canvas for your vision. Outside, the property features a welcoming front porch, covered carport, driveway parking, and mature trees that complement the established neighborhood. Whether you're an investor, builder, or buyer dreaming of restoring a historic Central Austin home, opportunities like this are becoming increasingly rare. Sold as-is.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1920
- Full baths
- 1
- Lot size
- 0.091
- Subdivision
- Ideal Place
- MLS area
- 4
- MLS #
- 245280374
Features
Interior features
- Ceiling Fan(s)
- No Interior Steps
- Primary Bedroom on Main
Exterior features
- None
Additional details
- Parking
- Carport, Driveway
- Garage spaces
- 0
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Annual tax
- $10,748
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Lee
- Middle
- Kealing
- High
- McCallum
Market insights
Compared with 156 active homes in ZIP 78751 · HomeLocating listings
At $480,000, this home is priced 13% below the $550,000 median across 156 active homes in ZIP 78751.
Estimated monthly payment
Home price
$480,000
Down payment
20% ($96,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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 RealAgent · Bobby Baylor
Listing data last updated Aug 13, 2026, 11:46 PM
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