207 W 39th ST

House Hack in Hyde Park - 3 separate freestanding Homes including a charming front cottage- only about 1 Mile from UT. Use options could include: live-work, graduate student housing, individual leases rather than current gross leases, collab shared office type space. Adjacent to lots of multifamily, retail, office - would make a great child care facility or micro-school. Fantastic opportunity to live in one unit and rent the others--or maximize income with all three for an income potential of about $7900/month (based on previous rental rates). Located at 207 W 39th Street in the Hyde Park Historic District, this unique offering features a primary home with 3 bed/2 bath (vacant, currently listed for lease for $3500/mo); a middle house 1-bed, 1 bath unit (leased for $1175/mo for 8/1 start date), and rear house with alley access 4-bed, 2 bath unit (leased for $2500/mo for 8/1 start date). Total rents effective 8/1/2025 are $3675 (for middle and back homes) + option for owner-occupancy on the primary home (or rent it for $2995/month and collect $6670/month through next July '26). Each home has its own yard space and ample off-street parking. Walkable to Central Market, Quack's Bakery, Curra's Grill, Antonelli's, coffee shops, parks, and more. Strong rental history (current rents are well below past and potential rents), unbeatable location, and the perfect setup for house hacking in one of Austin's most iconic neighborhoods.

For Sale