506 Powell

Austin, TX 78704 · Travis County

$1,699,000Price
3Beds
506 Powell
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Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT211202415
Taxes$6,435 (2020) / year
TypeResidential
Year Built2020
Lot Size0.15 AC / 6,708 SF
CountyTravis
SubdivisionSouth Park Sec 01

Property Information

Interior

Ceiling-HighMultiple Living AreasNo Interior StepsPrimary Bedroom on MainStone Counters

Exterior

None

Appliances

DishwasherDisposalENERGY STAR Qualified AppliancesExhaust FanInstant Hot WaterMicrowaveStainless Steel Appliance(s)

Community

None

Parking

CarportGatedOff Street

Utilities & Construction

Heat: CentralAC: Central AirConcrete, WoodRoof: Composition, MembraneFoundation: Slab
🏊 Pool

Directions: From Downtown, take South 1st past Oltorf. Left on Powell Circle. Property on left.

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT211202415 $1,699,000
Original List Price $1,750,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2020$6,435
Year Built2020
Beds3
Lot Size6,708 Sq. Ft.
StyleResidential
CountyTRAVIS
MLS #ACT211202415

Schools

E
Dawson
Public · Elementary · Serves this home
M
Lively
Public · Middle School · Serves this home
H
Travis
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$1,699,000
506 Powell, Austin, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.