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500 Terrace Dr, Austin, TX 78704
$1,300,000
500 Terrace Dr, Austin, TX 78704View this property at 500 Terrace Dr, Austin, TX 78704
500 Terrace DrAustinTX78704
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Property Description
DIAMOND IN THE ROUGH! Located on a corner lot on a quiet street with downtown views from the 3rd story, the home was built in 2011 and never finished. The sale includes 95% (est.) of all the building materials needed to complete the home. Listed well below Travis CAD 2023 value, this home is a potential goldmine to the buyer who has finishing experience. The sellers spared no expense with building materials or appliances. The home includes a 6 burner DCS double convection oven range with built in grill, a DCS SS refrigerator, Bosch SS dishwasher, a Samsung SS stackable washer and dryer. High end materials were used in the construction and the seller started the Austin Green Building Program, but never finished. Marvin Integrity fiber glass windows were installed with screens still in the original packaging. A high efficiency fireplace is in the main living area surrounded by fossilized limestone from the Permian Basin. The home also includes a private outdoor shower, multiple hidden storage areas, a central vacuum system, rosewood, bamboo and oak flooring, double limestone sinks in the primary bath, and beautiful walnut bamboo cabinetry. The 3rd story 1/4 bath drain is in place to install a shower and make a full bath. The detached garage has 1/4 bath, and dog bath that can be converted to full bathroom with potential to build a studio apartment . This unique home is just steps away from Little Stacy Park, Blunn Creek Greenbelt Trail or a couple of blocks to South Congress, music, shops and dining including Perla's, Lucy's, C-Boys Heart & Soul, Magnolia Cafe, Torchy's Tacos, Allen's Boots + SO MUCH MORE. Many stunning new builds nearby. Multiple surveys are available. Complete building plans will transfer with the sale.
Full Property Details
Full Property Details for 500 Terrace Dr
General
- Price: $1,300,000
- Taxes: $25,188 (2023)
- Status: Under Contract
- Type: Single Family
- MLS ID: 8609714
- Updated: 5/22/2024
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Granite Counters, Double Vanity, Gas Dryer Hookup, Eat-in Kitchen, High Speed Internet, Multiple Dining Areas, Pantry, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup
- Number of Fireplaces: 2
- Fireplace(s): Heatilator, Living Room, Primary Bedroom, Raised Hearth, Stone
- Appliances: Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Washer/Dryer, Tankless Water Heater
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms-Other: 4
Other Rooms
- Living Room: Ceiling Fan(s), Central Vacuum, Smart Thermostat, Main
- Kitchen: Kitchn - Breakfast Area, Breakfast Bar, Central Vacuum, GranCnt, Eat In Kitchen, Gourmet Kitchen, Pantry, Main
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Google Fiber, Park, Picnic Area
- Other Features: None
Exterior
- Exterior Features: Balcony, Garden, Gutters Full
- Deck/Patio: Deck, Front Porch
Parking
- Garage: Yes
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Detached, Door-Multi, Driveway, Garage Faces Side
Location
- Area: 6
- County: Travis
- Subdivision: Blue Bonnet Hills
- Driving Directions: From I-35 S to S I-35 Frontage Rd. Take exit 232 from I-35 S. Continue on S I-35 Frontage Rd. Take Woodland Ave to Terrace Dr. House is on your right.
- Direction Faces: SW
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Travis Hts
- Middle School: Lively
- High School: Travis
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Fireplace Insert, Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Stone, Stucco
- Foundation: Slab
- Roof: Metal
- Windows: Double Pane Windows, Screens
- Disability Access: None
- Square Feet: 4,019
- Living Area: 4,019 Sq. Ft.
- Year Built: 2011
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1717
- Lot Size (Sq. Ft.): 7,479.25
- Lot Features: Corner Lot, Garden, Native Plants, Trees-Small (Under 20 Ft)
- Lot Description: Corner Lot, Garden, Native Plants, Trees-Small (Under 20 Ft)
Water Features
- Water Front View: None
Financial Considerations
- Lot Price Per Sq. Ft.: $173.81
- Tax Amount: $25,188.37
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Appraisal, Building Plans, Survey
- Property ID: 3020202230000
Listed by Keller Williams Realty
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Schools
Schools serving 500 Terrace Dr
School District:Austin Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
2010 Alameda Dr, Austin, TX 78704 | PK-5 | 0.2 mi | |
201 E Mary St, Austin, TX 78704 | 6-8 | 0.2 mi | |
1211 E Oltorf St, Austin, TX 78704 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Terrace Dr
Date
Details
Price
Change
Source
5/15/2024
Price Reduced
$1,300,000
-7.14%
MLS
4/04/2024
Listed
$1,400,000
—
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 500 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$20,953
—
$1,740,746
-12%
2022
$20,953
-7%
$1,976,909
72%
2021
$22,442
-4%
$1,150,580
10%
2020
$23,291
4%
$1,045,982
—
2020
$22,435
-7%
$1,045,982
-4%
2018
$24,056
8%
$1,095,204
2%
2016
$22,208
-9%
$1,072,187
8%
2017
$24,428
10%
$995,796
3%
2015
$22,296
36%
$971,025
24%
2013
$16,420
—
$783,193
17%
2013
$16,420
—
$666,605
—
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 500 Terrace Dr
500 Terrace Dr, Austin, TX 78704 (MLS# 8609714) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 500 Terrace Dr is currently listed for $1,300,000 and was received on April 04, 2024. Want to learn more about 500 Terrace Dr? 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.