3902 Peterson Ave #202 Austin, TX 78756 Active Under Contract

UPDATED: 03/12/2026 12:34 AM ON MARKET: 11 days on market

$289,000

3 Beds1.5 Baths1,022 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,022 sqft

Price per Sqft $282

Subdivision Lexington Square Condo

MLS Listing ID 6192546

Style 2nd Floor Entry,Entry Steps

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Fees $425/mo

HOA Y/N Yes

Year Built 1967

Annual Tax Amount $6,200

Tax Year 2025

Lot Size 1,907 Sqft

Acres 0.0438

Lot Dimensions 1909.00

Property Sub-Type Condominium

Source actris

Property Description

Welcome to 3902 Peterson Ave a rare opportunity in the heart of Austin. Units do not go up for sale here often. This neighborhood is old Austin at its finest. Located in the highly desirable Hancock neighborhood of Central Austin, this condo offers the perfect balance of convenience and charm. Known for its mature oak trees, quiet residential streets, and established character, Hancock is one of Austin's most sought-after areas. Just minutes from the University of Texas at Austin, nearby hospitals, local dining, shopping, and parks, the location is ideal for students, medical professionals, families, and investors alike. With easy access to major roadways and all that Central Austin has to offer, you'll enjoy being close to everything while still tucked away in a peaceful cul-de-sac setting. It's the largest unit in the community and the only 3 bedroom available which makes it a truly unique find. The kitchen provides ample cabinet storage with a large balcony right off the dining area. All three bedrooms are well-sized with great light. Priced well below comps because the unit does need some aesthetic updates, it presents a fantastic opportunity for a buyer to add personal touches and build equity. The upside potential is significant. Enjoy community amenities including a large pool, reserved parking, on-site laundry facilities and beautiful mature, shaded oak trees throughout the property. Enjoy easy access to nearby parks, walking trails, and green spaces including the historic Hancock Golf Course and the Shoal Creek Trail, offering outdoor recreation just minutes away. Versatile for a primary residence, a roommate friendly house hack setup, or an investment property near UT and area hospitals, 3902 Peterson delivers space, location, and opportunity all in one.
Schedule your showing today and imagine the possibilities!