516 E  40th St #200, Austin, TX 78751
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Property image
OFF MARKET

516 E 40th St #200
Austin, TX 78751

Hancock
  • 1 Bed
  • 1 Bath
  • 450 sqft
1 Bed
1 Bath
450 sqft

Home Value

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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
0.40
Apartment
-
04/03/26
1
1
550
0.61
Apartment
-
05/22/26
2
1
880
0.37
Apartment
-
11/25/25
1
400
1.09
Apartment
-
06/29/26
1
1
369
0.61
Apartment
-
05/27/26
2
2
832
1.55
Apartment
-
03/22/26
1
1
533
1.60
Apartment
-
01/19/26
1
1
655
0.84
Apartment
-
11/07/25
3
2
2,000
1.63
Apartment
-
04/08/26
1
1
683
1.76
Apartment
-
06/26/26
1
1
437
Home facts updated by county records

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
0.14
$480,000
2
1
970
For Sale
0.24
$1,010,700
5
4
2,871
Off Market
0.25
$856,200
2
2
1,170
Off Market
0.27
$399,000
2
2.5
1,224
For Sale
0.27
$375,000
2
2.5
1,173
For Sale
0.27
$1,650,000
4
2.5
2,728
For Sale
0.31
-
-
-
-
Off Market
0.32
$725,000
2
1
1,116
For Sale
0.32
$630,900
Studio
2
1,434
Off Market
0.31
$1,352,727
3
3.5
2,782
For Sale
0.33
$543,700
2
1
776
For Sale
0.36
$714,900
4
3
2,052
For Sale

Local Information

  • Map ViewExplore the area around 516 E 40th St #200.
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
450 sqft
Parking
Attached Garage

About this House

Located in the heart of Hyde Park, this charming 10-unit apartment complex sits just 75 steps from the historic Hancock Golf Course, offering a rare blend of tranquility and accessibility. The property features on-site laundry, assigned parking for each unit, and two additional storage rooms for tenant use or added income potential. Pets are welcome (1 pet under 20 lbs, One time fee $200, breed restrictions apply). The complex is ideally positioned near St. David's Hospital, UT Law School, and DKR Stadium, making it highly attractive to students and professionals alike. Enjoy quick access to a nearby shopping center, local eateries, and cultural spots that define the Hyde Park lifestyle. Plus, you're only minutes from Downtown Austin, giving you the best of both worlds peaceful residential charm with urban convenience. This property is a solid investment in one of Austin's most desirable neighborhoods.

Minimum 6 months, Maximum 12 months. More than one vehicle on parking lot generates an additional fee. Internet on Us. Utilities are allocated according the method filed before the Public Utilities Commission of Texas.
516 E 40th St #200, Austin, TX 78751 is a 1 bedroom, 1 bathroom, 450 sqft apartment in Hancock. More recently, it was listed as a rental in July 2025 with an asking price of $1,200 per month. That rental listing was removed on May 23, 2026. It is currently off market. The Trulia Estimate rent is $1,013/month.

Home Details for 516 E 40th St #200

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 6 Month

Interior Features

Appliances & Utilities
Refrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Attached Off Street, On Site

Price and Tax history

DateEventPrice
May 23, 2026
Source: Zillow Rentals
ListingRemoved
$900
Apr 9, 2026
Source: Zillow Rentals
PriceChange
$900
Price increased by 6%
Feb 5, 2026
Source: Zillow Rentals
PriceChange
$850
Price decreased by 11%
Dec 13, 2025
Source: Zillow Rentals
PriceChange
$950
Price decreased by 5%
Sep 15, 2025
Source: Zillow Rentals
PriceChange
$1,000
Price decreased by 9%

Market trends in Austin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3K
MoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4
MoM
Available listings
5514
156
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Hancock

At least 20 Trulia users voted on each feature.
  • 96 % 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

  • 44 % 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. "
  • 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."
  • 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

Apartments for Rent

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Homes for sale near 516 E 40th St #200

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Off Market Homes Near 516 E 40th St #200

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Frequently asked questions about 516 E 40th St #200

  • 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.
  • What are the closest schools to 516 E 40th St #200?
    The closest schools to 516 E 40th St #200 in Austin, TX are Kealing Middle School (rated 9/10), Lee Elementary School (rated 9/10), McCallum High School (rated 8/10).
  • Does 516 E 40th St #200 have air conditioning?
    Yes, 516 E 40th St #200 in Austin, TX has air conditioning.
  • Does 516 E 40th St #200 have parking?
    Yes, 516 E 40th St #200 in Austin, TX has on-site parking.