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500 E 42nd ST, Austin TX 78751
500 E 42nd ST, Austin TX 78751
Texas>Austin>Hancock

500 E 42nd STAustin, TX 78751

For Sale

$480,000

Smart Buyer Rebate $4,800

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.

Listed by Bobby Baylor

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License #619067

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RealAgent

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(512) 650-2772

Listed by Yazmin Perez

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License #574605

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RealAgent

Last updated July 29, 2026

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Source: ACTRIS #4758689

Listing Facts

  • TypeSingle-family
  • NeighborhoodHancock
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu4
  • Taxes$10,748.81/year
  • Size970 sqft
  • Price per sqft$495

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/28/2026
Listed by RealAgent
$480,000

Property Details for 500 E 42nd ST

Exterior

Construction

  • Property Condition: Resale
  • Roof: Shingle
  • Year Built: 1920
  • Construction Materials: Wood Siding

Features

  • Direction Faces: SW
  • Fencing: Wood

Measurements

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,963

Financial

Taxes

  • Parcel Number: 02200806110000
  • Tax Annual Amount: $10,748.81
  • Tax Assessed Value: $477,485.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Gas Range, Refrigerator, Gas Water Heater
  • Flooring: Carpet, Linoleum
  • Interior Features: Ceiling Fan(s), No Interior Steps, Primary Bedroom On Main

Measurements

  • Living Area: 970
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Ideal Place
  • Tax Block: 3
  • Tax Lot: 12

Parking

Parking

  • Parking Features: Carport, Driveway
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Lee
  • Elementary School District: Austin ISD

High School

  • High School: Mc Callum
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Kealing
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 2 bedrooms and 1 bathroom in this single-family home at 500 E 42nd ST.

What schools are nearby to 500 E 42nd ST?

Nearby schools include the Lee Elementary School, Kealing Middle School, and Mc Callum High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 500 E 42nd ST.

What are the annual taxes for 500 E 42nd ST?

Annual taxes for this single-family home are estimated at $10,748.

How does 500 E 42nd ST compare to other single-family homes in Hancock?

This single-family home is listed 56% below the average price for single-family homes in Hancock and has been on the market for 81 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 970 sqft.

500 E 42nd ST is a 2-bedroom, 1-bath single-family home for sale in Austin TX 78751. Available on Prevu for 4 days at $480,000. This home features 970 square feet of living space, located in Hancock. The median listing price for single-family homes in this area is $339,000. Nearby schools include Lee Elementary School, Kealing Middle School, and Mc Callum High School. The home offers private outdoor space, air conditioning, parking, and swimming pool. View other single-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.