505 E  40th St #B, Austin, TX 78751
Property image
Property image
OFF MARKET

$586,100

Trulia Estimate
  • 1 Bed
  • 2 Baths
  • 872 sqft

505 E 40th St #B, Austin, TX 78751

Hancock
Est. Refi. Payment $4,038/mo*
Refinance Your Home

Home Value

Trulia Estimate
$586K
Since last month
Decreased$47K (-8%)
Since last year
Decreased$29K (-5.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +13% in the last 10 years
MonthEstimated value
2026
October 2026$532K
September 2026$594K
August 2026$578K
July 2026$579K
June 2026$626K
May 2026$578K
April 2026$543K
March 2026$453K
February 2026$553K
January 2026$555K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Unknown
$880,000
01/05/26
-
-
0.29
Multi-Family Home
-
05/07/26
4
2
2,966
0.21
Multi-Family Home
-
05/20/26
7
5
2,734
1.62
Multi-Family Home
-
11/12/25
1
1
650
2.45
Multi-Family Home
-
02/06/26
2
3
1,100
2.53
Multi-Family Home
-
02/06/26
2
3
1,100
2.61
Multi-Family Home
-
04/15/26
2
2
1,860
2.78
Multi-Family Home
-
11/03/25
1
1
673
2.89
Multi-Family Home
-
03/22/26
1
1
764
2.73
Multi-Family Home
-
12/10/25
4
2
2,091

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$1,729,300
4
3.5
3,200
Off Market
0.01
$639,300
Studio
1
1,056
Off Market
0.01
-
Studio
1
516
Off Market
0.01
$243,400
Studio
1
516
Off Market
0.01
$631,900
2
2
1,108
Off Market
0.01
-
3
2
1,793
Off Market
0.01
$753,300
Studio
2
1,562
Off Market
0.02
$629,000
Studio
1
1,116
Off Market
0.02
-
-
-
-
Off Market
0.02
$941,400
3
2
1,690
Off Market
0.02
$948,700
1
1
950
Off Market
0.03
$796,000
3
2
1,560
Off Market
0.03
$834,900
2
1
952
Off Market
0.03
-
Studio
1
-
Off Market
0.03
-
2
1
-
Off Market
0.03
-
Studio
1
560
Off Market
0.03
-
2
1
952
Off Market
0.03
$633,400
2
1
1,111
Off Market
0.04
$582,300
2
2
1,377
Off Market
0.04
-
4
4
3,508
Recently Sold

Local Information

  • Map ViewExplore the area around 505 E 40th St #B.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2016
872 sqft
$672/sqft

About this House

Lock and Go 1 bedroom, 1.5 bath detached apartment with high-end interior finishes. Recently constructed energy efficient unit. The main level features stained concrete flooring, half bath, and open kitchen with quartz countertops and slate appliances (all warranted) including a 5-burner gas range. Bright upstairs bedroom with hardwood flooring, recessed lighting, and low-E windows with custom blackout shades. Full upstairs bath with an oversized walk-in glass shower. Tankless water heater. Stackable washer/dryer. 2 dedicated parking spaces, one covered. Tenant pays only electric and internet. Water/trash/gas and security system included with lease. Great walkable neighborhood 4 blocks from Quacks Bakery and Fresh Plus Grocery. Easy access to UT and downtown.
505 E 40th St #B, Austin, TX 78751 is a 1 bedroom, 2 bathroom, 872 sqft multi-family in Hancock, built in 2016. More recently, it was listed as a rental in May 2019 with an asking price of $2,250 per month. That rental listing was removed on June 27, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $586,100, with a rent estimate of $2,146/month.

Home Details for 505 E 40th St #B

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricHeating Fuel: Heat Pump
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
DishwasherDisposalDryerMicrowaveWasher
Levels, Entrance, & Accessibility
Floors: Tile, Concrete, Hardwood

Exterior Features

Exterior Home Features
Roof: MetalExterior: OtherPorch
Parking & Garage
Parking Space: 1Parking: Carport

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Price and Tax history

DateEventPrice
Jun 27, 2019
Source: Agent Provided
ListingRemoved
$2,100
Jun 12, 2019
Source: Agent Provided
PriceChange
$2,100
Price decreased by 7%
May 2, 2019
Source: Agent Provided
Listed For Rent
$2,250

Market trends in Austin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$587K
$167
MoM
Sale-to-List Price
97.9%
0.1%
MoM
Price per sq ft
$307
$0
MoM
Available listings
5249
276
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Hancock

At least 20 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 83 % Say there are sidewalks

  • 80 % Say parking is easy

  • 77 % Say people would walk alone at night

  • 66 % Say car is needed

  • 64 % Say it's walkable to grocery stores

  • 59 % Say yards are well-kept

  • 47 % Say there's holiday spirit

  • 46 % Say it's quiet

  • 44 % Say neighbors are friendly

  • 43 % Say kids play outside

  • 41 % Say there's wildlife

  • 35 % Say streets are well-lit

  • 21 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mattiha
    "Make sure you and you family, including pets are visible at night. Weโ€™re close to campus and people can drive a little crazy. "
  • Lwicker57
    "Iโ€™ve lived in the Hancock neighborhood for 20 years. I have many neighbors that I consider friends. Itโ€™s close to Hancock center. Which has many of the conveniences people look for. Within walking distance to restaurants and coffee houses. Great place to live."
  • Robin K.
    "It's a great walking neighborhood."
  • Robin K.
    "My commute downtown is three miles. There are many choices of routes and no traffic."
  • Robin K.
    "It's close to downtown and the university. It's a friendly walking neighborhood. I especially like strolling the golf course at Christmas when it's lit with luminarias."
  • Robin K.
    "Safe and friendly. Walking distance to elementary school."

LGBTQ Local Legal Protections

Frequently asked questions about 505 E 40th St #B

  • What is 505 E 40th St #B estimated to be worth?
    Trulia's estimated value for 505 E 40th St #B in Austin, TX is $586,100.
  • Is Austin a buyer's or seller's market?
    Austin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $587K. That is up $167 from the prior month.
  • What do residents say about the Hancock neighborhood?
    Residents describe the Hancock neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Hancock, Austin.
  • Does 505 E 40th St #B have laundry facilities?
    Yes, 505 E 40th St #B in Austin, TX has in-unit laundry.
  • Does 505 E 40th St #B have parking?
    Yes, 505 E 40th St #B in Austin, TX has on-site parking.

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