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1/23
$879,000
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Property Description
Over $180K+ airbnb potential! Fully remodeled and turnkey, 2503 Lehigh Drive is a prime income-producing opportunity in one of East Austin's strongest short-term rental corridors. The home features a complete renovation with modern finishes, an efficient layout, brand new deck and pool and durable materials designed for high guest turnover and long-term performance. Ideal for Airbnb or mid-term rental use, the property is positioned to command strong nightly rates with broad guest appeal. Based on comparable nearby short-term rentals and current market performance, the property is projected to generate $180,000+ in annual gross revenue when operated as a short-term rental (buyer to independently verify). A Funkit-designed, revenue-focused Airbnb furnishing and layout plan is available upon request, allowing a new owner to launch quickly. Whether you're scaling a short-term rental portfolio or securing a high-upside asset in a rapidly appreciating area, this property offers immediate usability and strong income potential. Photos have been virtually staged.
Full Property Details
Full Property Details for 2503 Lehigh Dr Dr
General
- Price: $879,000
- Taxes: $11,202 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6824915
- Updated: 2/25/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Main Level Primary, See Remarks
- Fireplace(s): See Remarks
- Appliances: Gas Range, Microwave
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 5
Other Rooms
- Laundry: See Remarks
Additional Information
- Shared Amenities: See Remarks
- Pool: Yes
- Private Pool: Yes
- Pool Description: Outdoor Pool
- Security/Safety: See Remarks
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 2
- Parking Features: See Remarks
Location
- Area: 3
- County: Travis
- Subdivision: University Hills Sec 02 Ph 05
- Driving Directions: From Downtown Austin, take I-35 N and exit 45th Street/51st Street. Head west on 45th Street to Burnet Road, then turn right. Continue north and turn left on Hancock Drive. Turn left on Lehigh Drive, and the property will be on your left.
- Direction Faces: North
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Andrews
- Middle School: Webb
- High School: Lyndon B Johnson (Austin ISD)
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Builder: Awhiddon Construction
- Construction: See Remarks
- Roof: Shingle
- Windows: See Remarks
- Stories/Levels: 1
- Square Feet: 2,696
- Sq. Ft. Source: Public Records
- Living Area: 2,696 Sq. Ft.
- Year Built: 2005
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks
Lot Features
- Lot Size (Acres): 0.4013
- Lot Size (Sq. Ft.): 17,480.63
- Fence: Yes
- Lot Features: See Remarks
- Fencing (Description): See Remarks
Water Features
- Water Front Desc.: See Remarks
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $949,000
- Tax Amount: $11,202.6
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Survey
- Legal Description: LOT 28 BLK 9 UNIVERSITY HILLS SEC 2 PHS 5
- Disclosures/Reports: See Remarks
- Property ID: 224220320000
- Block: 9
- Lot Number: 28
Listed by eXp Realty, LLC
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Schools
Schools serving 2503 Lehigh Dr Dr
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Andrews Elementary School, Austin, TX 6801 Northeast Drive, Austin, TX 78723 | K-5 | 0.1 mi |
Webb Middle School 601 East Saint Johns Avenue, Austin, TX 78752 | 6-8 | 2.1 mi |
Lbj High School 7309 Lazy Creek Drive, Austin, TX 78724 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2503 Lehigh Dr Dr
Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$879,000
-2.22%
MLS
2/05/2026
Price Reduced
$899,000
-2.81%
MLS
1/29/2026
Price Reduced
$924,999
-2.53%
MLS
1/16/2026
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2503 Lehigh Dr Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,203
—
$492,546
-13%
2024
$11,203
-1%
$565,270
1%
2022
$11,275
—
$556,948
-2%
2022
$11,275
20%
$570,913
32%
2021
$9,421
16%
$432,832
19%
2020
$8,091
4%
$363,361
—
2020
$7,794
9%
$363,361
11%
2018
$7,179
-3%
$326,845
-13%
2016
$7,428
-11%
$376,016
13%
2017
$8,386
38%
$333,080
26%
2015
$6,069
23%
$264,311
24%
2013
$4,915
—
$213,894
7%
2013
$4,915
—
$199,526
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2503 Lehigh Dr Dr
2503 Lehigh Dr Drive, Austin, TX 78723 (MLS# 6824915) is a Single Family property with 5 bedrooms and 4 full bathrooms. 2503 Lehigh Dr Drive is currently listed for $879,000 and was received on January 16, 2026. Want to learn more about 2503 Lehigh Dr Drive? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

