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$465,000
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Property Description
RECENT PRICE REDUCTION! Open Houses this weekend!! Discover this 3-bedroom, 2.5-bath home tucked on a quiet street in the heart of East Austin. Located just off East 5th and walking distance to Justine's, Central Machine Works, Kinda Tropical and Sunny's. But also close to so many great East Austin restaurants, coffee shops, and food trucks with the nearby neighborhood H-E-B and the larger East Riverside H-E-B just across the river. Inside you'll find a clean interior with polished concrete floors that give the home a nice, modern feel. All major appliances-including refrigerator, washer, and dryer-are included, making move-in seamless. Great as a low maintenance home for an East Austin professional or as investment property - perfect as an STR but also has a proven record as a long-term rental.
Full Property Details
Full Property Details for 503 Allen St #503A
General
- Price: $465,000
- Taxes: $11,615 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 3094500
- Updated: 1/8/2026
- Added to Site: 261 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan, Smart Thermostat, Walk-In Closet(s)
- Appliances: Dryer, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Common Grounds/Area
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 2
- Parking Features: Electric Gate, Garage, Shared Driveway
Location
- Area: 5
- County: Travis
- Subdivision: Villas At 05 & Allen Condo Ph
- Driving Directions: From I35 North, take exit 234B toward Cesar Chavez/2nd-4th. From I35 South, take exit 234A Cesar Chavez/Holly. Head east on Cesar Chavez. Drive 1.7 miles, turn left on Tillery St, then right on 5th St and left on Allen St. Townhouse on your right. Unit A is the first unit when you walk through the gate - facing Allen St.
- Direction Faces: West
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Brooke
- Middle School: Martin
- High School: Eastside Early College
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame, HardiPlank Type
- Roof: Composition
- Windows: Blinds, Double Pane Windows, Screens
- Stories/Levels: 2
- Square Feet: 1,382
- Sq. Ft. Source: Public Records
- Living Area: 1,382 Sq. Ft.
- Year Built: 2006
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Residence
Lot Features
- Lot Size (Acres): 0.0857
- Lot Size (Sq. Ft.): 3,733.09
- Fence: Yes
- Lot Features: None
- Fencing (Description): Back Yard, Fenced, Wood, Wire
Financial Considerations
- Assessment Amount: $586,091
- Tax Amount: $11,615.23
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNT 503A VILLAS AT FIFTH & ALLEN CONDOMINIUMS PHS 2 AMENDED PLUS 50.0 % INT IN COM AREA
- Disclosures/Reports: Seller Disclosure
- Property ID: 2021413020000
- Lot Number: 503A
Listed by Agency Texas Inc
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Schools
Schools serving 503 Allen St #503A
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Govalle Elementary School 3601 Govalle Avenue, Austin, TX 78702 | PK-5 | 0.7 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 1.5 mi |
Eastside Memorial High School 900 Thompson Street, Austin, TX 78702 | 9-12 | 1 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 503 Allen St #503A
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$465,000
-6.06%
MLS
10/23/2025
Price Reduced
$495,000
-8.67%
MLS
8/08/2025
Price Reduced
$542,000
-2.69%
MLS
6/20/2025
Price Reduced
$557,000
-1.42%
MLS
5/01/2025
Listed
$565,000
—
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 503 Allen St #503A
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,569
—
$588,880
—
2024
$9,569
15%
$586,091
-31%
2022
$8,310
—
$851,608
36%
2022
$8,310
-1%
$628,119
43%
2021
$8,424
-5%
$440,339
10%
2020
$8,914
4%
$400,308
10%
2020
$8,586
18%
$363,916
10%
2018
$7,267
19%
$330,833
10%
2016
$6,098
-9%
$300,757
10%
2017
$6,707
18%
$273,415
10%
2015
$5,707
13%
$248,559
10%
2013
$5,060
—
$225,963
10%
2013
$5,060
—
$205,421
—
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 503 Allen St #503A
503 Allen Street #503A, Austin, TX 78702 (MLS# 3094500) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 503 Allen Street #503A is currently listed for $465,000 and was received on May 01, 2025. Want to learn more about 503 Allen Street #503A? 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.

