$500,000
For Sale

500 Capitol Drive #1

Austin, TX 78753
1136 sqft | 4 beds | 3 baths | #2724689
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Versatile, stylish, and income-producing — 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value.
A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance — ideal for short- or long-term rentals — plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that’s always in demand.
Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality.
Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry — perfect for entertaining or everyday comfort.
Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard — a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind.
The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
      • InteriorCeiling Fans, Interior Steps, MainLevelPrimary
      • Lot DescriptionLevel, Moderate Trees, Trees Large Size
      • FoundationPillar Post Pier, Slab
      • High SchoolNavarro Early College
      • Property SubtypeSingleFamilyResidence
      • Exterior MaterialsExterior Steps
      • SubdivisionGeorgian Acres
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Elementary SchoolBarrington
      • Property TypePurchase
      • Original List Price$500,000
      • MLS #2724689
      • MLS #2724689
      • Utility SourcePublic
      • CountyTravis
      • Cost500000
      • Property ConditionResale
      • Square Feet1136
      • Year Built1938
      • Middle SchoolWebb
      • Taxes Annual$980
      • Hoa Fees75
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
      • Days on Market (Cumulative)1

Location

Connor JamesReal Estate Group
OR

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