500 Capitol DR #1, Austin, TX 78753 (MLS # 2724689)

Price $500,000
Status Active
Beds 4
Baths 3 Baths
Home size 1,136 sqft
Lot Size n/a
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 Type(s): Single Family
Last Updated 5/2/2025 Tract Georgian Acres
Year Built 1938 Community Georgian Acres
County Travis

SCHOOLS

Elementary School Barrington
Jr. High School Webb
High School Navarro Early College

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Range, Refrigerator
AREA 2N
CONSTRUCTION Frame, Wood Siding
HEAT Central
HOA DUES 75|Annually
INTERIOR Ceiling Fan(s), Master Downstairs
LOT 0
LOT DESCRIPTION Level
LOT DIMENSIONS 0
PARKING None
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE 1st Floor Entry, Entry Steps
SUBDIVISION Georgian Acres
TAXES 980
UTILITIES Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
VIEW DESCRIPTION None
WATER Public

Location

 

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Property listed by Kinan Beck, eXp Realty, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/9/25 7:56 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2025.

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