Fabulous income producing property on nearly a quarter acre in Hyde Park, one of the most coveted central Austin areas in town!. A rare opportunity to own a property with three separate structures. Beautiful hardwood floors throughout the majority and distinctive features including exposed wood beams. Unit A1, the front structure at 985 square feet, is an adorable 2/1 with an office, large kitchen, and breakfast nook. Across a wide breezeway deck, discover Unit A2, 731 square feet and a charming 1/1 with a lovely, sunlit living space and super cool loft bedroom. Unit B, built in 2002 and 1681 square feet, is currently a 3/2 and includes a large unfinished room ideal for a fourth bedroom and bathroom (see sketch for a potential layout). Excellent current income producing opportunity and/or future owner occupy / condo regime. Rented consistently to UT grad students for years, with strong word-of-mouth referrals. Less than 2 miles to the center of campus, the UT Tower, or about a 10-minute bicycle ride.
Active
Price cut: $74K (4/17)
$975,000
917 E 40th St #A1-A2, Austin, TX 78751
6beds
4baths
3,396sqft
Est.:
Triplex
Built in 2002
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Sunlit living spaceHardwood floorsSuper cool loft bedroomLarge kitchenExposed wood beamsBreakfast nook
- 50 days
- on Zillow |
- 491 |
- 33 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 11:16am
Listed by:
Tony Lazarov (512) 472-0048,
Respace LLC (512) 472-0048,
Daniel Pettit (469) 844-7352,
Respace LLC
Source: Unlock MLS,MLS#: 2989144

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Rooms
- Room types: Master Bedroom, Master Bathroom
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator
Features
- 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Built-in Features, High Ceilings, Electric Dryer Hookup, Eat-in Kitchen, Stackable W/D Connections, Washer Hookup, See Remarks
- Flooring: Vinyl, Wood
- Windows: See Remarks
Interior area
- Total interior livable area: 3,396 sqft
Property
Parking
- Parking features: Additional Parking, Concrete, Private
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: None
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 10,454.4 Square Feet
- Features: City Lot, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Public Maintained Road, Split Possible, Trees-Moderate
Details
- Additional structures: See Remarks
- Parcel number: 02170905210000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Foundation: Slab
- Roof: Asphalt
Condition
- See Remarks
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground, Electricity Connected, Internet-Cable, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Plainview Heights
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $287/sqft
- Annual tax amount: $18,492
- Date on market: 3/11/2025
- Listing terms: Cash,Conventional,1031 Exchange,FHA,FMHA (Fannie Mae),Owner May Carry,VA Loan
- Electric utility on property: Yes
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