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 spaces 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.
Active
$1,699,000
506 Powell Cir, Austin, TX 78704
3beds
2,432sqft
Single Family Residence
Built in 2020
6,708 Square Feet Lot
$1,643,500 Zestimate®
$699/sqft
$-- HOA
What's special
Sparkling poolClean modern curb appealDesigner finishesOpen floor planHigh ceilingsPrivate backyard retreatStainless steel appliances
- 231 days |
- 160 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Dan Starr (972) 338-5441,
Pinnacle Realty Advisors (972) 338-5441
Source: Unlock MLS,MLS#: 6752865
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Instant Hot Water, Microwave, Stainless Steel Appliance(s)
Features
- High Ceilings, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Stone Counters
- Flooring: Concrete, Wood
- Windows: None
- Fireplace features: None
Interior area
- Total interior livable area: 2,432 sqft
Property
Parking
- Parking features: Carport, Gated, Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: None
- Has private pool: Yes
- Pool features: In Ground
- Spa features: None
- Fencing: Fenced, Privacy
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,708 Square Feet
- Features: Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: None
- Parcel number: 04050311160000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition, Membrane
Condition
- Resale
- New construction: No
- Year built: 2020
Details
- Builder name: CCG Development
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: None
- Subdivision: South Park Sec 01
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $699/sqft
- Tax assessed value: $1,353,821
- Annual tax amount: $6,435
- Date on market: 11/13/2025
- Listing terms: Cash,Court Approval,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$1,643,500
$1.56M - $1.73M
$7,313/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Price change | $1,699,000-2.9%$699/sqft |
Source:  Unlock MLS #6752865 Report a problem | ||
| 11/13/2025 | Listed for sale | $1,750,000+39%$720/sqft |
Source: Unlock MLS #6752865 Report a problem | ||
| 10/20/2025 | Listing removed | $7,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2025 | Price change | $7,850-15.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2025 | Listed for rent | $9,250$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2020 | Listing removed | $1,259,000$518/sqft |
Source: Cadenza Realty #4901739 Report a problem | ||
| 9/23/2020 | Pending sale | $1,259,000$518/sqft |
Source: Cadenza Realty #4901739 Report a problem | ||
| 8/27/2020 | Price change | $1,259,000-2.8%$518/sqft |
Source: Cadenza Realty #4901739 Report a problem | ||
| 7/17/2020 | Listed for sale | $1,295,000+270%$532/sqft |
Source: Cadenza Realty #4901739 Report a problem | ||
| 10/17/2016 | Listing removed | $349,999$144/sqft |
Source: Central Metro Realty #9017107 Report a problem | ||
| 9/16/2016 | Pending sale | $349,999$144/sqft |
Source: Central Metro Realty #9017107 Report a problem | ||
| 9/8/2016 | Listed for sale | $349,999$144/sqft |
Source: Central Metro Realty #9017107 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,353,821 -3.2% |
| 2024 | -- | $1,398,042 -2.2% |
| 2023 | $13,290 -41% | $1,429,045 +10% |
| 2022 | $22,525 | $1,299,132 +10% |
| 2021 | -- | $1,181,029 +105.3% |
| 2020 | $12,807 +99% | $575,153 +91.7% |
| 2019 | $6,435 +5.7% | $300,000 |
| 2018 | $6,088 | $300,000 +9.1% |
| 2017 | $6,088 +284.5% | $275,000 -11.4% |
| 2016 | $1,583 | $310,326 +5.1% |
| 2015 | $1,583 | $295,384 +25.5% |
| 2014 | $1,583 | $235,331 +10% |
| 2013 | -- | $213,937 +10% |
| 2012 | -- | $194,488 +10% |
| 2011 | -- | $176,807 +10% |
| 2010 | -- | $160,734 +10% |
| 2009 | -- | $146,122 +10% |
| 2008 | -- | $132,838 +10% |
| 2007 | -- | $120,762 +10% |
| 2006 | -- | $109,784 +10% |
| 2005 | -- | $99,804 +33.1% |
| 2002 | $110 | $74,985 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Dawson
Nearby schools
GreatSchools rating
- 1/10Dawson Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Fulmore Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10Travis High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Dawson
- Middle: Lively
- High: Travis
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Travis County
- Austin
- 78704
- Dawson
- 506 Powell Cir
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