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  • $3,900,000

    501 Drawbridge Rd, Austin, TX 78746

    5beds
    2,466sqft
    : 
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    Single Family Residence
    Built in 1967
    5.67 Acres Lot
    $-- Zestimate®
    $1,582/sqft
    $-- HOA

    What's special

    Built like a fort
    Discover a truly exceptional opportunity to embrace expansive living and build your dream home on a remarkable 5.67-acres in Austin, Texas. This property offers a unique blend of privacy and convenience, providing a serene retreat from the bustling city while maintaining easy access to urban amenities. The generous acreage presents endless possibilities, from creating a personal oasis to exploring potential developmental ventures. Renovate the 1960s single story rock residence, built like a fort, or create something new. The home encompasses 2466 square feet of thoughtfully designed living space and is perfectly situated at the top of the lot. Nestled in a desirable Austin location, this property provides a canvas for crafting your ideal living environment. The vast outdoor space invites exploration and enjoyment, promising a harmonious balance with nature. Experience the tranquility and potential that this magnificent acreage provides, a rare find that combines spaciousness with a prime address.
    2 days
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    211
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    1
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Briana Miriani (512) 518-0008,

    Allure Real Estate (512) 518-0008

    Source: Unlock MLS,MLS#: 3266989MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 5
      Bedroom
      • Features: Walk-In Closet(s)
      • Level: Main
      Bedroom
      • Features: Full Bath
      • Level: Main
      Kitchen
      • Description: Kitchen adjacent to dining
      • Features: None
      • Level: Main
      Living room
      • Description: Fireplace and adjacent bedroom or office
      • Level: Main
      Heating
      • See Remarks, Central
      Cooling
      • Other, Central Air
      Appliances
      • Included: None
      Features
      • None
      • Flooring: Carpet, Tile
      • Windows: Aluminum Frames
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 2,466 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Driveway, Garage
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: None
      • Exterior features: None
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: See Remarks, Downtown, Hill Country, Panoramic
      • Waterfront features: None
      Lot
      • Size: 5.67 Acres
      • Features: Private
      Details
      • Additional structures: None
      • Parcel number: 01152806110000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition, Shingle
      Condition
      • Tear Down
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Municipal Utility District (MUD)
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Camelot
      HOA
      • Has HOA: No
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $1,582/sqft
      • Tax assessed value: $1,524,863
      • Annual tax amount: $23,101
      • Date on market: 6/10/2026
      • Listing terms: Cash
      • Electric utility on property: Yes
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/10/2026Listed for sale$3,900,000-22%$1,582/sqft
        Source: Unlock MLS #3266989 Report a problem
        8/1/2025Listing removed$4,999,000$2,027/sqft
        Source: Unlock MLS #7377231 Report a problem
        6/30/2025Price change$4,999,000-7.4%$2,027/sqft
        Source: Unlock MLS #7377231 Report a problem
        12/4/2024Listed for sale$5,400,000$2,190/sqft
        Source: Unlock MLS #7377231 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,279 +495.7%$1,524,863 +72%
        2024$3,740 +16.6%$886,310 +10%
        2023$3,208 -20.7%$805,736 +10%
        2022$4,047 $732,487 +10%
        2021-- $665,897 +10%
        2020$3,969 +6.6%$605,361
        2019$3,722 +0.2%$605,361 +17.1%
        2018$3,714 $516,900 -6.9%
        2017$3,714 -18.6%$555,272
        2016$4,563 $555,272 -5%
        2015$4,563 $584,639 -12.5%
        2014$4,563 $667,897 +10%
        2013-- $607,179 +10%
        2012-- $551,981 +10%
        2011-- $501,801 +10%
        2010-- $456,183 +10%
        2009-- $414,712 +10%
        2008-- $377,011 +10%
        2007-- $342,737 +10%
        2006-- $311,579 +10%
        2005-- $283,254 +33.1%
        2002$2,317 $212,814

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 78746

          Getting around

          11 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          5 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Forest Trail
          • Middle: West Ridge
          • High: Westlake
          • District: Eanes ISD

          Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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