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$949,000
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Property Description
Introducing 505 Philco, a stunning residence developed and built by Howdy Homes-celebrated for their impeccable attention to detail and commitment to high-quality craftsmanship-where modern design and tranquil living blend seamlessly in the heart of Austin. This exceptional home showcases the coveted Modern Japandi aesthetic, an effortless fusion of Japanese minimalism and Scandinavian warmth that creates a serene, inviting atmosphere filled with harmony and refined sophistication. Step inside and you'll immediately feel the calming embrace of soft, warm neutrals like beige, cream, and taupe paired with natural textures of linen, cotton, and wool that add subtle depth and comfort to every thoughtfully designed space. Light and medium wood tones throughout the home introduce visual warmth and a grounding connection to nature, transforming every corner into your own peaceful retreat from the city buzz. Featuring 3 spacious bedrooms and 3.5 beautifully appointed bathrooms across an expansive 2,240 square feet, this residence was designed for luxurious everyday living and easy, elegant entertaining. The chef's kitchen-complete with high-end finishes-flows effortlessly into the airy open-concept living and dining areas, while expansive glass doors draw you upstairs to your spectacular 1,200 square foot rooftop patio where breathtaking views await. Entertain with ease thanks to the stylish wet bar on the third floor and elevate your lifestyle with an optional private hot tub, sauna, and cold plunge for ultimate relaxation under the Austin stars. A whole-home sound system is ready to set the perfect vibe, whether you're hosting lively gatherings or unwinding with a quiet evening in. Perfectly nestled in a peaceful yet central neighborhood, 505 Philco offers a rare opportunity to own a piece of modern elegance that feels equally grounded and elevated. This home is more than just a place to live-it's a statement of thoughtful design and enduring quality.
Full Property Details
Full Property Details for 505 Philco Dr #3
General
- Price: $949,000
- Taxes: $17,037 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1228621
- Updated: 7/10/2025
- Added to Site: 192 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters
- Appliances: Stainless Steel Appliance(s)
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: See Remarks
- Security/Safety: See Remarks
Exterior
- Exterior Features: Balcony, Private Entrance, Private Yard
- Porch/Patio/Deck: Terrace, Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 2
- Parking Features: Driveway, Garage Faces Front, Garage, Garage Door Opener
Location
- Area: 10N
- County: Travis
- Subdivision: Alamo Heights Sec 01
- Driving Directions: IH 35 South, Take 71 West. Left on S 1st. Left on Philco. Units are on the corner of S 1st / Philco.
- Direction Faces: Southeast
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: St Elmo
- Middle School: Bedichek
- High School: Travis
Community
- Association: Yes
- Assoc. Name: TBD
- Assoc. Fees Include: See Remarks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: On File
- Construction: HardiPlank Type
- Roof: Membrane
- Windows: Double Pane Windows
- Square Feet: 2,240
- Sq. Ft. Source: Builder
- Living Area: 2,240 Sq. Ft.
- Year Built: 2025
- Year Built Source: Builder
- Property Condition: New Construction
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.2488
- Lot Size (Sq. Ft.): 10,837.73
- Fence: Yes
- Lot Features: City Lot, Few Trees
- Fencing (Description): Wood
Water Features
- Water Front Desc.: See Remarks
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assoc Fee Freq.: Annually
- Assessment Amount: $381,883
- Tax Amount: $17,037.71
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: See Remarks
- Legal Description: LOT 3 BLK B ALAMO HEIGHTS SEC 1
- Disclosures/Reports: See Remarks
- Property ID: 4120607030000
- Block: B
- Lot Number: 3
Listed by Compass RE Texas, LLC
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Schools
Schools serving 505 Philco Dr #3
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
St Elmo El 600 West Saint Elmo Road, Austin, TX 78745 | PK-5 | 0.3 mi |
Bedichek Middle School 6800 Bill Hughes Road, Austin, TX 78745 | 6-8 | 1.7 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 2 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 505 Philco Dr #3
Date
Details
Price
Change
Source
7/10/2025
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 505 Philco Dr #3
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,568
—
$859,703
125%
2024
$7,568
-13%
$381,883
-16%
2022
$8,670
—
$452,794
-11%
2022
$8,670
30%
$510,559
66%
2021
$6,689
16%
$307,315
19%
2020
$5,754
4%
$258,402
—
2020
$5,542
5%
$258,402
7%
2018
$5,294
21%
$241,000
15%
2016
$4,387
-13%
$209,933
7%
2017
$5,026
28%
$196,695
15%
2015
$3,918
9%
$170,633
2%
2013
$3,582
-13%
$166,836
15%
2014
$4,128
—
$145,418
—
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 505 Philco Dr #3
505 Philco Drive #3, Austin, TX 78745 (MLS# 1228621) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 505 Philco Drive #3 is currently listed for $949,000 and was received on July 10, 2025. Want to learn more about 505 Philco Drive #3? 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.

