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$1,750,000
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Property Description
Turn key investment opportunity in the heart of Austin! A 2-year lease starts 12/15/25 with tenants, providing immediate and reliable income from day one. This modern 3-bed, 4-bath home blends contemporary design, functionality, and comfort just minutes from downtown, dining, and entertainment. Inside, you'll find an open floor plan with high ceilings, large windows, and designer finishes that create a bright, inviting atmosphere. The kitchen features sleek cabinetry, stainless steel appliances, and a large island connecting seamlessly to the living and dining spaces-perfect for entertaining or relaxed daily living. Each bedroom includes its own bath, offering privacy and convenience for residents or guests. The home's outdoor spaces elevate the lifestyle even further, with a private backyard retreat featuring a sparkling pool, spacious deck, and shaded sitting area under mature trees. A covered carport provides convenient parking and ties into the home's clean, modern curb appeal. With its prime location near downtown Austin and stable long-term lease already secured, this property offers both immediate returns and long-term growth potential-a turnkey investment opportunity that's ready to perform.
Full Property Details
Full Property Details for 506 Powell Cir
General
- Price: $1,750,000
- Taxes: $6,435 (2020)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 6752865
- Updated: 11/13/2025
- Added to Site: 64 day(s) ago
Interior
- Interior Features: High Ceilings, Multiple Living Areas, Main Level Primary, No Interior Steps, Stone Counters, Instant Hot Water
- Fireplace(s): None
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Disposal, Microwave, Stainless Steel Appliance(s)
- Flooring: Concrete, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Other Rooms
- Laundry: Main Level, Laundry Room
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Spa Description: None
- Security/Safety: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Covered, Deck, Patio
Parking
- Carports: Yes
- Total Spaces: 4
- Parking Features: Carport, Gated, Off Street
Location
- Area: 6
- County: Travis
- Subdivision: South Park Sec 01
- Driving Directions: From Downtown, take South 1st past Oltorf. Left on Powell Circle. Property on left.
- Direction Faces: South
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Dawson
- Middle School: Lively
- High School: Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Builder: CCG Development
- Construction: HardiPlank Type
- Roof: Composition, Membrane
- Windows: None
- Stories/Levels: 2
- Square Feet: 2,432
- Sq. Ft. Source: Public Records
- Living Area: 2,432 Sq. Ft.
- Year Built: 2020
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.154
- Lot Size (Sq. Ft.): 6,708.24
- Fence: Yes
- Lot Features: Sprinklers Automatic, Sprinklers In Ground, Trees Large Size, Trees Medium Size
- Fencing (Description): Fenced, Privacy
Green Features
- Energy Efficient: See Remarks, Appliances
Financial Considerations
- Assessment Amount: $1,353,821
- Tax Amount: $6,435
- Tax Year: 2020
- Terms: Cash, Court Approval, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 16 BLK B SOUTH PARK SEC 1
- Disclosures/Reports: Seller Disclosure
- Property ID: 4050311160000
- Block: B
- Lot Number: 16
Listed by Pinnacle Realty Advisors
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Schools
Schools serving 506 Powell Cir
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Dawson Elementary School, Austin, TX 3001 South 1st Street, Austin, TX 78704 | K-5 | 0.1 mi |
Fulmore Middle School 201 East Mary Street, Austin, TX 78704 | 6-8 | 0.9 mi |
Travis High School 1211 East Oltorf Street, Austin, TX 78704 | 9-12 | 1.1 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 506 Powell Cir
Date
Details
Price
Change
Source
11/13/2025
Listed
$1,750,000
—
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 506 Powell Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,353,821
-3%
2024
-100%
$1,398,042
-24%
2022
$22,525
—
$1,842,699
20%
2022
$22,525
—
$1,541,654
31%
2021
$22,564
76%
$1,181,029
105%
2020
$12,807
4%
$575,153
92%
2020
$12,336
87%
$300,000
—
2018
$6,590
-5%
$300,000
9%
2016
$6,921
13%
$275,000
-11%
2017
$6,133
-14%
$310,326
20%
2016
$7,125
35%
$258,864
10%
2013
$5,270
—
$235,331
10%
2013
$5,270
—
$213,937
—
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 506 Powell Cir
506 Powell Circle, Austin, TX 78704 (MLS# 6752865) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 506 Powell Circle is currently listed for $1,750,000 and was received on November 13, 2025. Want to learn more about 506 Powell Circle? 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.

