500 Terrace Drive

Austin, TX 78704

$1,400,000
Price
4
Beds
2
Baths
1
1/2 Bath
4,019 Sq. Ft.
$348 / Sq. Ft.
4,019
Sq. Ft.
$348
per Sq. Ft.

Description

Diamond in the rough! Located on a corner lot on a quiet street with downtown views from the 3rd story, the home was built in 2011 and never finished. The sale includes 95% (est.) of all the building materials needed to complete the home. Listed well below Travis CAD 2023 value, this home is a potential goldmine to the buyer who has finishing experience. The sellers spared no expense with building materials or appliances. The home includes a 6 burner DCS double convection oven range with built in...Diamond in the rough! Located on a corner lot on a quiet street with downtown views from the 3rd story, the home was built in 2011 and never finished. The sale includes 95% (est.) of all the building materials needed to complete the home. Listed well below Travis CAD 2023 value, this home is a potential goldmine to the buyer who has finishing experience. The sellers spared no expense with building materials or appliances. The home includes a 6 burner DCS double convection oven range with built in grill, a DCS SS refrigerator, Bosch SS dishwasher, a Samsung SS stackable washer and dryer. High end materials were used in the construction and the seller started the Austin Green Building Program, but never finished. Marvin Integrity fiber glass windows were installed with screens still in the original packaging. A high efficiency fireplace is in the main living area surrounded by fossilized limestone from the Permian Basin. The home also includes a private outdoor shower, multiple hidden storage areas, a central vacuum system, rosewood, bamboo and oak flooring, double limestone sinks in the primary bath, and beautiful walnut bamboo cabinetry. The 3rd story 1/4 bath drain is in place to install a shower and make a full bath. The detached garage has 1/4 bath, and dog bath that can be converted to full bathroom with potential to build a studio apartment . This unique home is just steps away from Little Stacy Park, Blunn Creek Greenbelt Trail or a couple of blocks to South Congress, music, shops and dining including Perla's, Lucy's, C-Boys Heart & Soul, Magnolia Cafe, Torchy’s Tacos, Allen's Boots + SO MUCH MORE. Many stunning new builds nearby. Multiple surveys are available. Complete building plans will transfer with the sale.
  1. Listed by Dee Thomas • TREC #0668347 • Keller Williams Realty • (512) 346-3550

Property Details for 500 Terrace Drive

Subdivision Name
Blue Bonnet Hills
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Neighborhood
Parcel Number
03020202230000
Tax Lot
2
Tax Block
4

Location

Listing Courtesy of Keller Williams Realty, Dee Thomas, TREC #0668347
Add your commute
LISTING UPDATED: 04/04/2024 08:13 AM

Property Details for 500 Terrace Drive

StatusActive
MLS #8609714
Days on Market25
Taxes$25,188 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2011
Lot Size0.17 AC / 7,479 SF
CountyTravis County

Location

Listing Courtesy of Keller Williams Realty, Dee Thomas, TREC #0668347
Add your commute

Building Information for 500 Terrace Drive

Stories-Year Built2011Building Size-Lot Size0.17 AC / 7,479 SF

Payment Calculator

$9,739 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$2,099

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Terrace Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Door-Multi, Driveway, Detached, Garage, Garage Faces Side
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Multiple Dining Areas, Pantry, Storage, Soaking Tub, Smart Thermostat, Walk-In Closet(s)
  • Flooring: Concrete, Tile, Wood
  • Appliances: Built-In Gas Range, Built-In Oven, Built-In Refrigerator, Convection Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Tankless Water Heater, Washer
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Heatilator, Living Room, Primary Bedroom, Raised Hearth, Stone, Insert
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Virtual Tour URL Branded: http://www.seetheproperty.com/458541
  • Virtual Tour URL Unbranded: http://www.seetheproperty.com/u/458541
  • Restrictions: No Restrictions
Exterior
  • Exterior Features: Balcony, Garden, Rain Gutters
  • New Construction: No
  • Construction Materials: Stone, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch, Balcony
  • Roof: Metal
  • Fencing: None
  • Direction Faces: Southwest
  • Window Features: Double Pane Windows, Screens
  • Accessibility Features: None
  • Community Features: Park
Property Information
Lot Information
  • Lot Features: Corner Lot, Garden, Native Plants, Trees Small Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating YN: Yes
  • Heating: Forced Air, Fireplace(s), Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Green Features
  • Green Energy Efficient: Insulation
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Features: Ceiling Fan(s), Central Vacuum, Smart Thermostat
Room 2
  • Room Type: Primary Bathroom
  • Room Level: Second
  • Room Features: Double Vanity, Granite Counters, Garden Tub/Roman Tub, Soaking Tub, Separate Shower, Walk-In Closet(s), Walk-In Shower
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Second
  • Room Features: Ceiling Fan(s), Central Vacuum
Room 4
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Bar, Breakfast Area, Central Vacuum, Eat-in Kitchen, Granite Counters, Gourmet Kitchen, Pantry
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $1,740,746
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.81%
Showing Information
Showing Information
  • Security Features: None
  • Directions: From I-35 S to S I-35 Frontage Rd. Take exit 232 from I-35 S. Continue on S I-35 Frontage Rd. Take Woodland Ave to Terrace Dr. House is on your right.

Property History for 500 Terrace Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 500 Terrace Drive

Taxable ValueLand$800,000Additions$940,746Total$1,740,746
Tax Record2022$20,953 ($1,746 / month)
Home Facts
Beds0Total Finished SqFt3,243 SqFtAbove Grade Finished SqFt3,243 SqFtStories3Lot Size7,479 SqFtStyleSingle Family ResidenceYear Built2011CountyTRAVISAPN0302020223Fireplace TypeHas Fireplace

Schools near 500 Terrace Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Travis Heights Elementary School
CharterPK to 5

Fulmore Middle School
Public6 to 8

Travis High School
Public9 to 12

Phoenix Academy
Public8 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.

Similar Homes

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Similar Sold Homes

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500 Terrace Drive is a single family home for sale in Austin, TX 78704. This property was listed for sale on April 4, 2024 by Keller Williams Realty, it's currently listed at $1,400,000. This listing's school district is Austin Independent School District. Nearby schools include Travis Heights Elementary School, Fulmore Middle School and Travis High School. 500 Terrace Drive is a 4-bed, 2.5-bath, 4,019 sqft single family home built in 2011.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Dee Thomas, TREC #0668347

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© 2024 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”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.