Back 4509 Merle Dr
Off Market

4509 Merle Dr

Austin TX 78745

3
1
2
1164 sq. ft.
12196.8 sq. ft.
Single-Family
Mary DanielsMary Daniels, last sold this property on 11 March 2026 after 46 days on market.

Overview

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

Features

3 bedrooms
1 bathroom
2 carspaces
1164 sq. ft. floor area
12196.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Austin over the last 12 months, the estimated median property value of 4509 Merle Dr is $429.95k.

Median value
$429.95k
Estimated value range
$270k - $769k
Median days on market
31
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Austin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4509 Merle Dr

2026
Sold
Undisclosed
11 Mar 2026 by Mary Daniels, of Keller Williams Realty
2019
Sold
Undisclosed
07 Jun 2019 by Wendy Papasan, of Keller Williams Realty

Happy sellers in Austin

90%
90% of sellers in Austin reported that their sale price either exceeded or met their price expectations.

Austin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Austin over the last 12 months.

Local market activity for 3 bedroom single-family properties in Austin

In the last 12 months, 292 three-bedroom single-family properties similar to 4509 Merle Dr, have been sold.

This represents a 27% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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