4509 Merle Dr, Austin, TX 78745
Local realty services provided by:CENTURY 21 North East
Listed by: mary daniels
Office: keller williams realty
MLS#:4475028
Source:ACTRIS
Price summary
- Price:$465,000
- Price per sq. ft.:$399.48
About this home
One property. Endless potential. Unlock a rare opportunity in a prime South Austin location! 4509 Merle Street pairs an extensively renovated cottage with rare development and income potential. Set on a generous 0.28-acre lot, this property offers endless possibilities for a range of buyers - homeowners, investors, and developers alike. Live, build, or invest! First-time buyer? Own a charming, move-in-ready home under $500K just four miles from South Congress. Multi-generational living? The cleared rear portion of the lot offers potential for up to two additional dwelling units (ADUs), creating a private family compound.
Investor or developer? Add ADUs for three income streams or condoize and sell multiple homes separately. The cottage: Built in 1953, this 1,164-square-foot, 3-bedroom, 1-bath home blends timeless character with modern upgrades. Original hardwood floors, curved archways, and a cozy banquette set the tone, while over $80,000 in improvements deliver peace of mind—updated plumbing, siding, windows, insulation, HVAC, water heater, front porch, and more (detailed list available). The bathroom was fully gutted, expanded and rebuilt in 2025, featuring custom tile, a natural wood vanity, marble countertops, and sleek matte black fixtures for a spa-like feel. The location: Tucked away on a quiet, tree-lined street, yet just minutes to South Congress, South Lamar, downtown, Central Market, and the airport. Opportunities like this don’t come around often in South Austin. Come see why this jewel is the perfect place to live, build, or invest! Check out the website for floorplan and survey - https://www.4509merle.com
Contact an agent
Home facts
- Year built:1953
- Listing ID #:4475028
- Updated:March 08, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile
- Kitchen Description:Free-Standing Range, Stainless Steel Appliance(s)
- Living area:1,164 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1953
- Building area:1,164 sq. ft.
- Construction Materials:Masonry Partial
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Crockett
- Elementary school:Joslin
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$465,000
- Price per sq. ft.:$399.48
Features and amenities
- Appliances:Free-Standing Range, Stainless Steel Appliance(s)
New listings near 4509 Merle Dr
- New
$345,000Active3 beds 2 baths1,352 sq. ft.12106 Grey Fawn Path, Austin, TX 78750
MLS# 9579755Listed by: TEXAS LAND AND COMMERCIAL LLC - New
$459,000Active3 beds 3 baths2,035 sq. ft.2204 Theseus Pass, Austin, TX 78741
MLS# 3882540Listed by: RE/MAX FINE PROPERTIES - New
$625,000Active3 beds 3 baths1,639 sq. ft.1202 Cometa St #B, Austin, TX 78721
MLS# 6682660Listed by: BRAMLETT PARTNERS - New
$4,595,000Active5 beds 6 baths4,765 sq. ft.5101 Cuesta Verde Rd, Austin, TX 78746
MLS# 3015386Listed by: ENGEL & VOLKERS AUSTIN - New
$450,700Active4 beds 3 baths1,644 sq. ft.5701 Whitebrook Drive, Austin, TX 78724
MLS# 1947218Listed by: BARLOWE DALY REALTY - New
$600,000Active3 beds 2 baths1,677 sq. ft.1114 Richardine Ave, Austin, TX 78721
MLS# 3642216Listed by: DASH REALTY - New
$339,900Active-- beds -- baths1,680 sq. ft.1209 Dobie Dr, Austin, TX 78753
MLS# 4237813Listed by: HERMAN BOSWELL INC - New
$449,000Active3 beds 2 baths2,055 sq. ft.432 Cartwheel Bnd, Austin, TX 78738
MLS# 8214260Listed by: KELLER WILLIAMS REALTY
$1,450,000Active5 beds 6 baths2,790 sq. ft.205 W Croslin St #1 & 2, Austin, TX 78752
MLS# 6649865Listed by: KW-AUSTIN PORTFOLIO REAL ESTATE- Open Sun, 1 to 3pmNew
$995,000Active3 beds 2 baths1,836 sq. ft.1700 Ravey St #A, Austin, TX 78704
MLS# 3730831Listed by: COMPASS RE TEXAS, LLC