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  • Price cut: $20K (6/8)
    $325,000

    512 Shep St, Austin, TX 78748

    2beds
    1,090sqft
    : 
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    Single Family Residence
    Built in 1997
    5,096 Square Feet Lot
    $318,500 Zestimate®
    $298/sqft
    $17/mo HOA

    What's special

    One-car garageLarge fully fenced backyardTwo spacious bedroomsCovered back porch
    Welcome to this inviting single-family home in a quiet, established neighborhood just moments from everything South Austin has to offer. Built in 1997, this 1,090 sq ft gem features two spacious bedrooms, two full bathrooms, and a one-car garage—perfect for first-time buyers, downsizers, or savvy investors looking for a great opportunity at this price point. Step inside to a functional and comfortable layout ready for your personal touch. The highlight of the home is the covered back porch overlooking a large, fully fenced backyard bursting with potential. Whether you envision a lush garden, outdoor entertaining space, play area, or even future expansion, this private yard is a rare find within the city. Location is everything, and this home delivers. Situated in the desirable 78748 zip code, it’s just minutes from SouthPark Meadows, one of Austin’s premier shopping and dining destinations. Enjoy convenient access to popular retailers like Super Target, Walmart, JCPenney, Best Buy, Hobby Lobby, PetSmart, Ulta, Marshalls, Ross, and HomeGoods, along with a wide variety of dining options including Texas Roadhouse, Serrano’s Tex-Mex, Chipotle, Another Broken Egg Café, Plucker’s Wing Bar, Little Woodrow’s, and Amy’s Ice Creams. The area also offers excellent amenities for families and outdoor enthusiasts alike. Highly rated Austin ISD schools serve the neighborhood, and you’ll love being close to outdoor recreation at Mary Moore Searight Metro Park, known for its scenic trails, disc golf course, and expansive green space. With easy access to I-35, commuting to downtown Austin, the airport, and major employers is quick and convenient. This is South Austin living at its best—comfortable, connected, and full of potential.
    77 days
    |
    334
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Croft (512) 419-8781,

    Compass RE Texas, LLC (512) 575-3644

    Source: Unlock MLS,MLS#: 7650102MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Range, Free-Standing Range, Refrigerator
      Features
      • Breakfast Bar, Vaulted Ceiling(s), No Interior Steps
      • Flooring: Vinyl
      • Windows: None
      • Fireplace features: None
      Interior area
      • Total interior livable area: 1,090 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: None
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Exterior Steps
      • Pool features: None
      • Spa features: None
      • Fencing: Fenced, Privacy
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 5,096 Square Feet
      • Features: None
      Details
      • Additional structures: None
      • Parcel number: 04301102040000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: Park
      • Subdivision: Park Ridge
      HOA
      • Has HOA: Yes
      • Services included: See Remarks
      • HOA fee: $200 annually
      • HOA name: Park Ridge HOA
      Location
      • Region: Austin

      Financial & listing details

      • Price per square foot: $298/sqft
      • Tax assessed value: $306,701
      • Annual tax amount: $6,276
      • Date on market: 4/9/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $318,500

        $303,000 - $334,000

        $1,942/mo

        Price history

        DateEventPrice
        6/8/2026Price change$325,000-5.8%$298/sqft
        Source: Unlock MLS #7650102 Report a problem
        4/9/2026Listed for sale$345,000+56.8%$317/sqft
        Source: Unlock MLS #7650102 Report a problem
        2/27/2025Listing removed$1,995$2/sqft
        Source: Unlock MLS #6186599 Report a problem
        2/18/2025Price change$1,995-7.2%$2/sqft
        Source: Unlock MLS #6186599 Report a problem
        2/14/2025Price change$2,150-4.4%$2/sqft
        Source: Unlock MLS #6186599 Report a problem
        1/22/2025Listed for rent$2,250+45.2%$2/sqft
        Source: Unlock MLS #6186599 Report a problem
        5/1/2020Listing removed$1,550$1/sqft
        Source: Central Metro Realty #8891174 Report a problem
        4/23/2020Listed for rent$1,550$1/sqft
        Source: Central Metro Realty #8891174 Report a problem
        3/13/2020Listing removed$220,000$202/sqft
        Source: Alexandra Petroski #5936499 Report a problem
        2/12/2020Pending sale$220,000$202/sqft
        Source: Alexandra Petroski #5936499 Report a problem
        2/7/2020Listed for sale$220,000$202/sqft
        Source: Alexandra Petroski #5936499 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,277 -5.6%$306,701 -8.6%
        2024$6,652 -7.3%$335,649 -15.3%
        2023$7,174 +4.9%$396,496 -2.3%
        2022$6,840 $405,900 +54.3%
        2021-- $263,126 +14.6%
        2020$4,485 +3.9%$229,525
        2019$4,318 +13.8%$229,525 +6.1%
        2018$3,794 $216,352 +10%
        2017$3,794 +20.2%$196,684 +10%
        2016$3,156 $178,804 +10%
        2015$3,156 $162,549 +10%
        2014$3,156 $147,772 +10%
        2013-- $134,338 0%
        2012-- $134,381 -7.3%
        2011-- $145,038 +2.7%
        2010-- $141,291 -2%
        2009-- $144,152 +4.4%
        2008-- $138,021 +8.6%
        2007-- $127,117 +7.9%
        2006-- $117,814 +5.6%
        2005-- $111,607 -0.8%
        2002$2,482 $112,482

        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.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Dittmar-Slaughter

          Getting around

          45 / 100
          Car-Dependent
          47 / 100
          Some Transit
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Williams
          • Middle: Bedichek
          • High: Crockett
          • 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.

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