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

505 E 40th St #B
Austin, TX 78751

Hancock
  • 1 Bed
  • 2 Baths
  • 872 sqft

$588,100

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $3,799/mo*
Refinance Your Home

$588,100

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $3,799/mo*
Refinance Your Home
1 Bed
2 Baths
872 sqft

Home Value

Trulia Estimate
$588K
Since last month
Decreased$38K (-6.1%)
Since last year
Decreased$600 (-0.1%)
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 +23% in the last 10 years
MonthEstimated value
2026
August 2026$588K
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
504 E 38th 1/2 St #504-504B-506, Austin, TX
0.10
Unknown
$880,000
01/05/26
-
-
609 Texas Ave, Austin, TX
0.29
Multi-Family Home
-
05/07/26
4
2
2,966
505 E 38th St, Austin, TX
0.21
Multi-Family Home
-
05/20/26
7
5
2,734
604 Harris Ave, Austin, TX
0.39
Multi-Family Home
-
08/29/25
4
2,688
1800 Lavaca St #201, Austin, TX
1.62
Multi-Family Home
-
11/12/25
1
1
650
6902 Carver Ave #B, Austin, TX
2.45
Multi-Family Home
-
02/06/26
2
3
1,100
6902 Carver Ave. #B, Austin, TX
2.53
Multi-Family Home
-
02/06/26
2
3
1,100
2003 E 9th St, Austin, TX
2.61
Multi-Family Home
-
04/15/26
2
2
1,860
1800 E 4th St #207, Austin, TX
2.78
Multi-Family Home
-
11/03/25
1
1
673
7406 Bethune Ave, Austin, TX
2.89
Multi-Family Home
-
03/22/26
1
1
764

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
3801 Avenue H, Austin, TX 78751
0.19
$1,018,100
5
4
2,871
Off Market
4007 Avenue F, Austin, TX 78751
0.21
$861,400
2
2
1,170
Off Market
3804 Avenue G, Austin, TX 78751
0.22
$1,650,000
4
2.5
2,728
For Sale
409 E 38th St #302, Austin, TX 78705
0.22
$399,000
2
2.5
1,224
For Sale
409 E 38th St #101, Austin, TX 78705
0.22
$375,000
2
2.5
1,173
For Sale
309 E 38th St #2, Austin, TX 78705
0.25
-
-
-
-
Off Market
3506 Tom Green St #1, Austin, TX 78705
0.26
$643,100
Studio
2
1,434
Off Market
4010 Avenue D, Austin, TX 78751
0.27
$1,352,727
3
3.5
2,782
For Sale
605 Texas Ave, Austin, TX 78705
0.28
$725,000
2
1
1,116
For Sale
307 E 35th St #A, Austin, TX 78705
0.33
$599,999
3
2
1,463
For Sale
206 E 43rd St, Austin, TX 78751
0.34
$543,700
2
1
776
For Sale
4205 Speedway #106, Austin, TX 78751
0.35
$179,600
1
1
450
Off Market

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

Property Type
Multi-Family
Year Built
2016
Living Area
872 sqft
Price/Sqft
$674

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. It is currently off market. The Trulia Estimate is $588,100, with a rent estimate of $1,985/month.

Home Details for 505 E 40th St #B

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricCooling System: OtherHeating 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 July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM
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Around this home

Neighborhood Overview

Hancock
See Local Highlights
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. We’re close to campus and people can drive a little crazy. "
    2
    Flag
  • Lwicker57
    "I’ve lived in the Hancock neighborhood for 20 years. I have many neighbors that I consider friends. It’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."
    11
    Flag
  • Robin K.
    "It's a great walking neighborhood."
    0
    Flag
  • Robin K.
    "My commute downtown is three miles. There are many choices of routes and no traffic."
    0
    Flag
  • 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."
    0
    Flag
  • Robin K.
    "Safe and friendly. Walking distance to elementary school."
    0
    Flag

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Homes for sale near 505 E 40th St #B

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Off Market Homes Near 505 E 40th St #B

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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 $588,100.
  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $586K. That is up $14.3K 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 air conditioning?
    Yes, 505 E 40th St #B in Austin, TX has air conditioning.
  • Does 505 E 40th St #B have laundry facilities?
    Yes, 505 E 40th St #B in Austin, TX has in-unit laundry.