4502 Avenue H, Austin TX 78751

A rare chance to own a character-rich, income-producing property in the heart of Central Austin’s beloved Hyde Park. This unique setup includes two residences on one lot – a stylishly updated 2-bed, 1-bath main bungalow, and a separate 1-bed, 1-bath garage apartment – recently generating a combined $4,950/month in rental income. The front home, previously leased at $3,500/month, is fully furnished and thoughtfully renovated with refinished original wood floors, quartz countertops, custom cabinetry, a slide-in gas range, spacious bedrooms with walk-in closets, and a marble-tiled bathroom. Every detail reflects both function and design. Washer and dryer included in-unit. The back unit, leased at $1,450/month, is a well-kept 1-bed, 1-bath garage apartment offering the same unbeatable location—just steps from Shipe Park, local dining and coffee shops, and one block from major bus routes with quick access to UT. This is a turnkey opportunity to step into steady cash flow in one of Austin’s most iconic and walkable neighborhoods.