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You are here: Home / 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241)
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501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241)

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Photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241)
Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241) Tiny photo for 501 Carolyn Ave Ave, Austin, TX 78705 (MLS # 8986241)
PRICE $1,595,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 2,880 sqft
LOT SIZE 8,673 sqft
Request More Info Schedule a Showing

Tucked into one of Central Austin's most consistently in-demand pockets, this tastefully renovated 1935 Hyde Park triplex delivers the kind of flexibility and rentability that rarely hits the market. Live in one unit and let the others offset the mortgage, lease all three for a strong long-term hold, or secure a prime asset steps from UT in a neighborhood where vacancy barely has time to exist. The property includes the original brick duplex with two units each featuring 2 bedrooms and 1 bathroom, plus a separate 1 bedroom, 1 bathroom apartment above the detached three-car garage. All three units were renovated in 2022 with updated kitchens, quartz countertops, stainless appliances, refreshed baths, refinished hardwoods, upgraded lighting, fresh paint, and electrical improvements, while the soul of the 1930s still shows up in all the right places: vintage woodwork, built-in buffets, hardwood floors, and charming faux fireplaces. Current leases generate immediate income with strong rental history and lease terms already in place, making this a true plug-and-play investment in one of Austin's most proven rental corridors. The detached garage adds rare utility with three bays, storage, and additional parking flexibility, while the landscaped grounds, shaded patios, and walkable location create serious tenant appeal. Set just blocks from the University of Texas, this location puts residents within easy biking and walking distance to Hyde Park favorites, coffee shops, restaurants, transit, and the stadium, with quick access to downtown and major thoroughfares. For investors, students, professionals, UT faculty, or anyone looking to own a high-demand piece of Central Austin, this one lands in a category all its own. Contact the listing agent to schedule a tour today!

LAST UPDATED 7/15/2026 TRACT Harpers
YEAR BUILT 1935 COMMUNITY Harpers
GARAGE SPACES 3.0 COUNTY Travis
STATUS Pending PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Lee
Jr. High School Kealing
High School McCallum


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
AREA UT
CONSTRUCTION Brick
EXTERIOR Lighting, Private Yard
FIREPLACE Yes
GARAGE Yes
HEAT Central, Exhaust Fan
INTERIOR Bookcases, Built-in Features, Chandelier, High Speed Internet, Master Downstairs
LOT 8673 sq ft
LOT DESCRIPTION Back Yard, Corner Lot, Front Yard, Landscaped, Level
PARKING Detached, Driveway, Garage, Garage Faces Side
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE 1st Floor Entry, 2nd Floor Entry, See Remarks
SUBDIVISION Harpers
TAXES 18045.47
UTILITIES Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 501 CAROLYN AVE AVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jude Galligan, REALTOR® to contact you even if your name is on a Federal or State "Do not call List".

Property listed by Mary Emma Partain, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 7/27/26 8:42 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2026.

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