516 E 40th St











Description
- Listed by John C Sheppard • TREC #0448360 • Austin Home Source • (512) 472-4663
- Listed by John W Sheppard • TREC #0826269 • Austin Home Source
Property Details for 516 East 40th Street
Property Details for 516 East 40th Street
| Status | Active |
|---|---|
| MLS # | 2871159 |
| Days on Market | 424 |
| Taxes | $26,509 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Apartment |
| MLS Type | Commercial Sale / Apartment |
| Year Built | 1972 |
| Lot Size | 0.16 AC / 7,143 SF |
| County | Travis County |
Location
Building Information for 516 East 40th Street
Payment Calculator
$9,621 per month
30 year fixed, 6.28% Interest
$7,412
$2,209
$0
Property Information for 516 East 40th Street
- Parking Total: 10
- Parking Features: Asphalt, Outside
- Stories Total: 2
- Flooring: Laminate
- Laundry Features: Washer Hookup, Dryer Hookup, Gas Dryer Hookup
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/aus/2871159
- Restrictions: City Restrictions
- New Construction: No
- Construction Materials: Masonry
- Foundation Details: Slab
- Accessibility Features: None
- FEMA Flood Plain: No
- Lot Size Source: Assessor
- Current Use: Investment, Multi-Family
- Horse: No
- Leasable Area: 3960.0
- Building Features: Appliances, No Loading
- Number Of Buildings: 1
- Building Area Total: 3,960.00
- Building Area Source: Public Records
- Cooling YN: Yes
- Cooling: Central Air
- Heating YN: Yes
- Heating: Central
- Sewer: Public Sewer
- Utilities: Above Ground Utilities, Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, High Speed Internet Available
- Water Source: Public
- Tax Assessed Value: $1,465,200
- Additional Parcels: No
- Tax Year: 2023
- Tax Rate: 1.98%
- Security Features: Smoke Detector(s)
- Directions: North on Duval. Turn right on 40th. Property on left. 1 lot away from Hancock Golf Course
Property History for 516 East 40th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 22, 2025 | Price Change ACTRIS #2871159 | $1,500,000 | — |
| Jan 16, 2025 | Price Change ACTRIS #2871159 | $1,590,000 | — |
| Jan 7, 2025 | Price Change ACTRIS #2871159 | $1,600,000 | — |
| Dec 28, 2024 | Price Change ACTRIS #2871159 | $1,640,000 | — |
| Dec 17, 2024 | Price Change ACTRIS #2871159 | $1,690,000 | — |
| Dec 14, 2024 | Price Change ACTRIS #2871159 | $1,720,000 | — |
| Dec 3, 2024 | Price Change ACTRIS #2871159 | $1,750,000 | — |
| Nov 22, 2024 | Price Change ACTRIS #2871159 | $1,800,000 | — |
| Nov 18, 2024 | Price Change ACTRIS #2871159 | $1,950,000 | — |
| Nov 15, 2024 | Price Change ACTRIS #2871159 | $1,960,000 | — |
| Oct 17, 2024 | Price Change ACTRIS #2871159 | $2,000,000 | — |
| Oct 17, 2024 | Listed (Active) ACTRIS #2871159 | $2,200,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/22/2025 | Price Change ACTRIS #2871159 | $1,500,000 |
| 01/16/2025 | Price Change ACTRIS #2871159 | $1,590,000 |
| 01/07/2025 | Price Change ACTRIS #2871159 | $1,600,000 |
| 12/28/2024 | Price Change ACTRIS #2871159 | $1,640,000 |
| 12/17/2024 | Price Change ACTRIS #2871159 | $1,690,000 |
| 12/14/2024 | Price Change ACTRIS #2871159 | $1,720,000 |
| 12/03/2024 | Price Change ACTRIS #2871159 | $1,750,000 |
| 11/22/2024 | Price Change ACTRIS #2871159 | $1,800,000 |
| 11/18/2024 | Price Change ACTRIS #2871159 | $1,950,000 |
| 11/15/2024 | Price Change ACTRIS #2871159 | $1,960,000 |
| 10/17/2024 | Price Change ACTRIS #2871159 | $2,000,000 |
| 10/17/2024 | Listed (Active) ACTRIS #2871159 | $2,200,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 516 East 40th Street
Schools near 516 East 40th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Lee Elementary School PublicK to 6 | ||
Kealing Middle School Public6 to 8 | ||
Mccallum High School Public9 to 12 | ||
Leadership Academy Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Austin Home Source, John C Sheppard, TREC #0448360; Austin Home Source, John W Sheppard, TREC #0826269
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.










