Welcome to 3902 Peterson Ave a rare opportunity in the heart of Austin. Units do not go up for sale here often. This neighborhood is old Austin at its finest. Located in the highly desirable Hancock neighborhood of Central Austin, this condo offers the perfect balance of convenience and charm. Known for its mature oak trees, quiet residential streets, and established character, Hancock is one of Austin’s most sought-after areas. Just minutes from the University of Texas at Austin, nearby hospitals, local dining, shopping, and parks, the location is ideal for students, medical professionals, families, and investors alike. With easy access to major roadways and all that Central Austin has to offer, you’ll enjoy being close to everything while still tucked away in a peaceful cul-de-sac setting. It’s the largest unit in the community and the only 3 bedroom available which makes it a truly unique find. The kitchen provides ample cabinet storage with a large balcony right off the dining area. All three bedrooms are well-sized with great light. Priced well below comps because the unit does need some aesthetic updates, it presents a fantastic opportunity for a buyer to add personal touches and build equity. The upside potential is significant. Enjoy community amenities including a large pool, reserved parking, on-site laundry facilities and beautiful mature, shaded oak trees throughout the property. Enjoy easy access to nearby parks, walking trails, and green spaces including the historic Hancock Golf Course and the Shoal Creek Trail, offering outdoor recreation just minutes away. Versatile for a primary residence, a roommate friendly house hack setup, or an investment property near UT and area hospitals, 3902 Peterson delivers space, location, and opportunity all in one.
Schedule your showing today and imagine the possibilities!
Basic Property Information
<strong>Dwelling Size - </strong> 1,022 ft2
From Public Records
<strong>Year Built - </strong> 1967
<strong>Stories - </strong> One
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
Paved, Reserved
<strong>Roof - </strong> See Remarks
<strong>Lot Size Acres - </strong> 0.0438
<strong>Waterfront Features - </strong> None
Bedrooms - 3
<strong>Main Level Bedrooms - </strong> 3
<strong>Bathrooms - </strong> 1.5
<strong>Full - </strong> 1
<strong>Half - </strong> 1
<strong>Living Rooms - </strong> 1
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 0
None
<strong>Pool on Property- </strong> In Ground
<strong>Spa on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Bryker Woods
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin
Home Owners Association
<strong>Home Owners Association - </strong> Lexington Square Condominiums
<strong>Fee - $</strong> 425
<strong>Frequency - </strong> Monthly
<strong>Includes - </strong> Common Area Maintenance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Trash, Water
Amenities and Features
Other Features
Balcony
Built-in Features
Dishwasher
Disposal
Electric Range
Electrical Utility Available
Exterior Steps
Free-Standing Refrigerator
Has Pool
Home Owners Association
Uncovered Courtyard
Utilities
Heating: Central Cooling: Central Air Electricity Connected, Sewer Connected
Sewer: Public Sewer Water: Public
Additional Details
<strong>Faces - </strong> East
<strong>Flooring - </strong> Laminate, Tile, Wood
<strong>View - </strong> Neighborhood, Pool, Trees/Woods
<strong>Lot Features - </strong> Cul-De-Sac, Trees-Medium (20 Ft - 40 Ft)
<strong>Sellers Representative - </strong> Compass RE Texas, LLC
(512) 575-3644
<strong>Other Structures - </strong> None
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> Courtyard, Pool
Walk Score
Based on information from the Austin Board of REALTORS® for the period 09/19/2026 through 09/19/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
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