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$1,200,000
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Property Description
Private Retreat with Guesthouse, Greenbelt Views + Wellness Amenities and a spaciouse chicken run set up. Tucked into a canopy of mature trees on a .34-acre lot, this home offers a rare blend of privacy, character, and flexibility in one of South Austin's most accessible locations. Positioned between South Congress and South 1st, just south of 290, you get the convenience of central living with a true neighborhood feel. Backing to a greenbelt, the property feels like a hidden retreat. The main house, originally built in 1935, features 3 bedrooms and 2 full bathrooms, with warm, inviting spaces that reflect classic Austin charm. An extended screened-in porch creates seamless indoor-outdoor living, while a spiral staircase leads to a spacious upper-level flex room, ideal for a game room, gym, office, or second living area. The detached 744 sq ft guesthouse includes a bedroom, full bath, kitchenette, and private porch, offering incredible versatility for guests, work-from-home, or income potential. The guest house has been consistenly rented on Airbnb with 5 Star ratings, bringing on average $2500 +/month for the past 5 years. Outside, the "Zen Den" lifestyle comes to life with a hot tub, sauna, and cold plunge set within a lush, private yard. Surrounded by mature oak and fruit trees and backing to green space, this is a property designed for both connection and reset. Located in a close-knit neighborhood and 5 doors down from local favorites and the iconic Cathedral of Junk, this is a rare opportunity to own a truly unique South Austin property.
Full Property Details
Full Property Details for 4508 Lareina Dr
General
- Price: $1,200,000
- Taxes: $18,929 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 9528947
- Updated: 5/4/2026
- Added to Site: 27 day(s) ago
Interior
- Interior Features: Breakfast Bar, Bidet, Cedar Closet(s), Ceiling Fan(s), Central Vacuum, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Sauna, Walk-In Closet(s)
- Appliances: Cooktop, Dryer, Dishwasher, Disposal, Oven, Washer
- Flooring: Carpet Free, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Spa: Yes
- Spa Description: Hot Tub, Bath
- Security/Safety: Carbon Monoxide Detector(s), Secured Garage/Parking, Security Lights
Exterior
- Exterior Features: Balcony, Garden, Private Entrance, RV Hookup
- Porch/Patio/Deck: Deck, Front Porch, Screened, Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 5
- Parking Features: Garage, Garage Door Opener, RV Access/Parking
Location
- Area: 10N
- County: Travis
- Subdivision: Oldham Add
- Driving Directions: From W US 290 take S 1st street, left on W Saint Elmo rd, right on Lareina dr. The property will be on your right.
- Direction Faces: East
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: St Elmo
- Middle School: Bedichek
- High School: Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Exhaust Fan, Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: Gaither Paul W
- Construction: HardiPlank Type, Masonry, Stucco
- Roof: Metal
- Windows: Skylight(s), Window Treatments
- Stories/Levels: 2
- Square Feet: 3,172
- Sq. Ft. Source: Public Records
- Living Area: 3,172 Sq. Ft.
- Year Built: 1935
- Year Built Source: Owner
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Guest House, Living Quarters, Poultry Coop, RV/Boat Storage
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.345
- Lot Size (Sq. Ft.): 15,028.2
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Garden, Backs to Greenbelt/Park, Irregular Lot, Landscaped, Private, Sprinkler - Rain Sensor, Many Trees, Sprinklers Automatic, Sprinklers In Ground, Trees Medium Size
- Fencing (Description): Barbed Wire, Back Yard, Privacy, Wire
Green Features
- Energy Generation: Solar
Financial Considerations
- Assessment Amount: $924,964
- Tax Amount: $18,929.25
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Appraisal, Survey
- Legal Description: LOT 6 BLK 3 OLDHAM ADDN
- Disclosures/Reports: None
- Property ID: 4120601090000
- Block: 3
- Lot Number: 6
Listed by Congress Realty, Inc.
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Schools
Schools serving 4508 Lareina Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
St Elmo El 600 West Saint Elmo Road, Austin, TX 78745 | PK-5 | 0.3 mi |
Bedichek Middle School 6800 Bill Hughes Road, Austin, TX 78745 | 6-8 | 1.8 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4508 Lareina Dr
Date
Details
Price
Change
Source
4/22/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4508 Lareina Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$924,964
-6%
2024
-100%
$982,660
10%
2022
$19,570
—
$890,081
-23%
2022
$19,570
28%
$1,161,433
50%
2021
$15,255
-4%
$775,902
9%
2020
$15,921
4%
$715,000
—
2020
$15,336
29%
$715,000
32%
2018
$11,906
28%
$542,025
—
2016
$9,271
-23%
$542,025
30%
2017
$12,088
39%
$415,700
10%
2015
$8,677
6%
$377,909
10%
2014
$8,176
-3%
$343,554
11%
2014
$8,462
—
$309,212
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4508 Lareina Dr
4508 Lareina Drive, Austin, TX 78745 (MLS# 9528947) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4508 Lareina Drive is currently listed for $1,200,000 and was received on April 22, 2026. Want to learn more about 4508 Lareina Drive? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

