505 Philco Dr, Unit 3

$949,000
Price
3
Beds
2,240 Sq. Ft.
$424 / Sq. Ft.
2,240
Sq. Ft.
$424
per Sq. Ft.

Description

Introducing 505 Philco, a stunning residence developed and built by Howdy Homes—celebrated for their impeccable attention to detail and commitment to high-quality craftsmanship—where modern design and tranquil living blend seamlessly in the heart of Austin. This exceptional home showcases the coveted Modern Japandi aesthetic, an effortless fusion of Japanese minimalism and Scandinavian warmth that creates a serene, inviting atmosphere filled with harmony and refined sophistication. Step inside and...Introducing 505 Philco, a stunning residence developed and built by Howdy Homes—celebrated for their impeccable attention to detail and commitment to high-quality craftsmanship—where modern design and tranquil living blend seamlessly in the heart of Austin. This exceptional home showcases the coveted Modern Japandi aesthetic, an effortless fusion of Japanese minimalism and Scandinavian warmth that creates a serene, inviting atmosphere filled with harmony and refined sophistication. Step inside and you’ll immediately feel the calming embrace of soft, warm neutrals like beige, cream, and taupe paired with natural textures of linen, cotton, and wool that add subtle depth and comfort to every thoughtfully designed space. Light and medium wood tones throughout the home introduce visual warmth and a grounding connection to nature, transforming every corner into your own peaceful retreat from the city buzz. Featuring 3 spacious bedrooms and 3.5 beautifully appointed bathrooms across an expansive 2,240 square feet, this residence was designed for luxurious everyday living and easy, elegant entertaining. The chef’s kitchen—complete with high-end finishes—flows effortlessly into the airy open-concept living and dining areas, while expansive glass doors draw you upstairs to your spectacular 1,200 square foot rooftop patio where breathtaking views await. Entertain with ease thanks to the stylish wet bar on the third floor and elevate your lifestyle with an optional private hot tub, sauna, and cold plunge for ultimate relaxation under the Austin stars. A whole-home sound system is ready to set the perfect vibe, whether you’re hosting lively gatherings or unwinding with a quiet evening in. Perfectly nestled in a peaceful yet central neighborhood, 505 Philco offers a rare opportunity to own a piece of modern elegance that feels equally grounded and elevated. This home is more than just a place to live—it’s a statement of thoughtful design and enduring quality.

Listing Agents

  1. Darsh Parikh

    Darsh Parikh

    Listing Agent

    Compass

    TREC #0734449

    darsh.parikh@compass.com

    P: (512)-593-3138

  2. Fabrizio Palermo

    Fabrizio Palermo

    Alternative Listing Agent

    Compass

    TREC #0824018

Property Details for 505 Philco Drive, Unit 3

Subdivision Name
Alamo Heights Sec 01
Waterfront
No
Waterfront Description
See Remarks
Water Access Description
Public
View
City Lights, Neighborhood
View YN
Yes
Parcel Number
04120607030000
Tax Lot
3
LISTING UPDATED: 09/23/2025 02:40 PM

Property Details for 505 Philco Drive, Unit 3

StatusActive
MLS #1228621
Days on Market156
Taxes$17,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2025
Lot Size0.25 AC / 10,837 SF
CountyTravis County
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Building Information for 505 Philco Drive, Unit 3

Stories-Year Built2025Building Size-Lot Size0.25 AC / 10,837 SF

Payment Calculator

$6,109 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,689

Property Taxes

$1,420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Philco Drive, Unit 3

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 2
  • Parking Features: Driveway, Garage Faces Front, Garage, Garage Door Opener
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters
  • Flooring: Tile, Wood
  • Appliances: StainlessSteelAppliances
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: InUnit
  • Restrictions: SeeRemarks
Exterior
  • Exterior Features: Balcony, Private Entrance, Private Yard
  • New Construction: No
  • Construction Materials: Hardiplank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Terrace, Balcony
  • Roof: Membrane
  • Fencing: Wood
  • Direction Faces: Southeast
  • Window Features: DoublePaneWindows
  • Accessibility Features: See Remarks
  • Community Features: See Remarks
Property Information
Lot Information
  • FEMA Flood Plain: See Remarks
  • Lot Features: City Lot, Few Trees
  • Horse: No
  • Horse Amenities: None
Location Information
  • Builder Name: On File
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green Features
  • Green Energy Efficient: SeeRemarks
Room Information
Room 1
  • Room Type: PrimaryBathroom
  • Room Level: Second
  • Room Features: QuartzCounters
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Second
  • Room Features: CeilingFans
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Features: QuartzCounters
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: TBD
  • Association Fee Includes: SeeRemarks
  • Tax Assessed Value: $381,883
  • Additional Parcels: No
  • Tax Year: 2025
  • Tax Rate: 1.90%
Showing Information
Showing Information
  • Security Features: See Remarks
  • Directions: IH 35 South, Take 71 West. Left on S 1st. Left on Philco. Units are on the corner of S 1st / Philco.

Property History for 505 Philco Drive, Unit 3

DateEvent & SourcePriceAppreciation
Jul 10, 2025

Listed (Active)

ACTRIS #1228621

$949,000
DateEvent & SourcePrice
07/10/2025

Listed (Active)

ACTRIS #1228621

$949,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 505 Philco Drive, Unit 3

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
St Elmo El
PublicPK to 5

Bedichek Middle School
Public6 to 8

Travis High School
Public9 to 12

Richards School For Young Women Leaders
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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505 Philco Drive, Unit 3 is a single family home for sale in Austin, TX 78745. This property was listed for sale on July 10, 2025 by Compass, it's currently listed at $949,000. This listing's school district is Austin Independent School District. Nearby schools include St Elmo El, Bedichek Middle School and Travis High School. 505 Philco Drive, Unit 3 is a 3-bed, 4-bath, 2,240 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.