500 Capitol Drive #1

Austin, TX 78753

  • 4 Bed(s)
  • 3 Bath(s)
  • 1,136 Sqft
$500,000

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 Type

    Residential

  • Subdivision

    Georgian Acres

  • County

    Travis

  • Style

    Residential

  • AD ID

    49591411

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Property Details

  • Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Interior Features

    • CeilingFans,InteriorSteps,MainLevelPrimary
    • Roof: Composition

    Roofing Information

    • Composition

    Flooring Information

    • Carpet,Linoleum,Tile

    Heating & Cooling

    • Heating: Central
    • Cooling:

  • Building Information

    • Year Built: 1938

    Exterior Features

    • ExteriorSteps

  • Lot Information

    • Lot Description: Level,ModerateTrees,TreesLargeSize

    Property Information

    • Subdivision: Georgian Acres

  • Tax Information

    • Annual Tax: $980

  • Parking Information

    • None

    Homeowners Association Information

    • Included Fees: CommonAreaMaintenance
    • HOA: 75

  • School Information

    • Elementary School: Barrington
    • Junior High School: Webb
    • Senior High School: Navarro Early College

    Utility Information

    • CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected

    Location Information

    • Direction: Take N. Lamar from Hwy183, turn right on Deen Ave. after Dairy Queen on left, about 0.7 miles, go 0.3 miles then left on Georgian, 492 ft, then right on Florence, 0.1 mile turn left on East, 0.1 mile right on Capitol Ave. Property on the left.
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BuyOwner last updated this listing 06/01/2025 @ 22:05

  • MLS: 2724689
  • LISTING PROVIDED COURTESY OF: Kinan Beck, eXp Realty, LLC
  • SOURCE: ACTRIS

is a Home, with 4 bedrooms which is for sale, it has 1,136 sqft, 1,136 sized lot, and 0 parking. are nearby neighborhoods.