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Austin · South Park Sec 01

$1,699,000 176 days on market

Reduced from $1,750,000 · −2.9%

506 Powell Cir, Austin, TX 78704

  • 3bedrooms
  • 3.5bathrooms
  • 2,432sqft
  • 0.15acres
  • 2020year built

About this home

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.

Property

Type
Single Family Residence
Levels
Two
Year built
2020
Lot size
0.15 acres
Subdivision
South Park Sec 01
MLS #
ACT6752865

Inside

Bedrooms
3
Bathrooms
3.5
Living area
2,432 sqft

Outside / parking

Pool
Yes — private

Schools

Elementary
Dawson
High school
Travis
District
Austin ISD

Costs

Est. annual taxes
$12,336 (2020)

Listing

First listed
Nov 13, 2025
Days listed
176
Original price
$1,750,000
Status
Active

Listed by Dan Starr, Pinnacle Realty Advisors · [email protected] · MLS# ACT6752865 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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