Discover a rare opportunity in the heart of Austin’s beloved Hyde Park neighborhood. Situated on an expansive double lot totaling nearly half an acre, this 1949 classic blends timeless character with incredible potential with a serene setting in Central Austin. The main home offers approx 1769 SF of living space with 3 bedrooms and 2 baths, highlighted by original wood floors, tall ceilings, and a super cool vintage Chambers stove that anchors the kitchen with retro flair. This has also operated as a duplex at times by adding a simple wall between the main living area and the secondary kitchen (sounds more complicated but is a very easy solution that creates 2 separate living quarters). Step outside to enjoy an approx 330 SF of screened-in porch—perfect for relaxed evenings and effortless entertaining. Roof shingles on the main home and screened in patio were just replaced in April 2025. A detached 348 SF (approx) casita offers flexible living options, ideal for rental income, guests, or multigenerational living. Complete with full kitchenette and bath, the saltillo tile floors and hip bath tile finishes give a cool SOCAL vibe. Towering pecan trees shade this tranquil lot, creating a private retreat in the middle of the city. Interested developers will find a new survey—including tree and critical root zone mapping—was just completed in April 2025 for your architecture team to start working with. Opportunities like this don’t come along often—whether you're dreaming of expanding, redeveloping, or simply enjoying one of Austin’s most sought-after neighborhoods.