Active

506 Powell Circle

Austin, TX 78704

$1,699,000 $7,163/Mo

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Overview

Bed

Bath

2,432

Sqft

0.15

Acre(Lot)

Description

Turn key investment opportunity in the heart of Austin! Turn key investment opportunity in the heart of Austin! Home is leased through December 2027 to tenants - providing immediate and reliable income from day one. This modern 3-bed, 4-bath home blends contemporary design, functionality, and comfort just minutes from downtown, dining, and entertainment. Inside, you’ll find an open floor plan with high ceilings, large windows, and designer finishes that create a bright, inviting atmosphere. The kitchen features sleek cabinetry, stainless steel appliances, and a large island connecting seamlessly to the living and dining spaces—perfect for entertaining or relaxed daily living. Each bedroom includes its own bath, offering privacy and convenience for residents or guests. The home’s outdoor s paces elevate the lifestyle even further, with a private backyard retreat featuring a sparkling pool, spacious deck, and shaded sitting area under mature trees. A covered carport provides convenient parking and ties into the home’s clean, modern curb appeal. With its prime location near downtown Austin and stable long-term lease already secured, this property offers both immediate returns and long-term growth potential—a turnkey investment opportunity that’s ready to perform.

Property Details

Property Type : Residential

Price : $1,699,000

AD Id : 75691940

MLS Id : 6752865

Beds : 3

Lot Size : 0.15 Acre

Living Area Size : 2,432

Year Built : 2020

County : Travis

Subdivision: South Park Sec 01

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Roofing Information

Composition, Membrane

Flooring Information

Concrete, Wood
Interior Features

HighCeilings, MultipleLivingAreas, MainLevelPrimary, NoInteriorSteps, StoneCounters, InstantHotWater

Roof: Composition, Membrane

Appliances: Dishwasher, EnergyStarQualifiedAppliances, ExhaustFan, Disposal, Microwave, StainlessSteelAppliances

Laundry Features: MainLevel, LaundryRoom
Heating & Cooling

Heating: Central Has Cooling: Yes

Building Information

Year Built: 2020

Construction Materials: HardiplankType

Stories: 2

Pool Features: InGround

Private Pool: Yes

Water front Features: None

View: None
Exterior Features

Exterior Features: None

Lot Information

Main Square Feet: 0.154 Lot Size Acres: 0.154 Lot Description: SprinklersAutomatic,SprinklersInGround,TreesLargeSize,TreesMediumSize

Property Information

Subdivision: South Park Sec 01 Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: South Levels: Two Property Age: 6

Listing Price Information

Listing Price: $1699000

Cash, CourtApproval, FHA, VaLoan

Tax Information

Parcel Number: 04050311160000 Tax Lot: 16 Tax Block: B Tax Year: 2020 Annual Tax: $6435 Tax Legal Desc: LOT 16 BLK B SOUTH PARK SEC 1

Virtual Tour

Virtual Tour (External Link)

Parking Information

Carport, Gated, OffStreet

School Information

Elementary School: Dawson Junior High School: Lively Senior High School: Travis
Utility Information

ElectricityAvailable, NaturalGasAvailable
Location Information

Direction: From Downtown, take South 1st past Oltorf. Left on Powell Circle. Property on left. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2506 Rae Dell Avenue, Austin, TX, 78704	$799,000	3	2	1,246	1,246 SqFt
3300 S 5th Street #A, Austin, TX, 78704	$645,000	3	4	1,712	1,712 SqFt
1407 Parkinson Drive #1, Austin, TX, 78704	$1,850,000	3	3	2,232	2,232 SqFt
1319 Bonham Terrace, Austin, TX, 78704	$3,950,000	5	6	4,933	4,933 SqFt
1201 Kenwood Avenue, Austin, TX, 78704	$3,360,000	4	5	3,488	3,488 SqFt
1018 Harwood Place, Austin, TX, 78704	$1,665,000	4	4	3,344	3,344 SqFt
1511 Chelsea Lane, Austin, TX, 78704	$1,850,000	4	3	2,486	2,486 SqFt
1006 Avondale Road, Austin, TX, 78704	$1,650,000	5	3	2,503	2,503 SqFt
1109 Travis Height Boul.., Austin, TX, 78704	$995,000	4	2	2,800	2,800 SqFt
1605 Chelsea Lane #1, Austin, TX, 78704	$2,500,000	5	4	3,300	3,300 SqFt

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ByOwner last updated this listing 06/04/2026 @ 19:57

MLS: 6752865 LISTED BY: Dan Starr, Pinnacle Realty Advisors 972-338-5441 SOURCE: ACTRIS