500 Capitol DR # 1, Austin TX 78753

Austin, TX 78753 | Georgian Acres

4 Beds
3 Baths 3 Full
1,136 Sq Ft
1938 Built

About This Property

Versatile, stylish, and income-producing — 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value.

A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance — ideal for short- or long-term rentals — plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that’s always in demand.

Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality.

Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry — perfect for entertaining or everyday comfort.

Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard — a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind.

The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.

Features

  • Ceiling Fan(s)
  • Interior Steps
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Barrington
Middle School Webb

Property Details

Property Type Residential
Flooring Carpet, Linoleum, Tile
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 2724689

HOA & Community

HOA Fee $75 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $980 (2024)

Listing History

MLS# 2724689 108 days
Aug 18, 2025 Off Market
May 2, 2025 Listed $500,000

Frequently Asked Questions About 500 Capitol DR # 1, Austin TX 78753

When was 500 Capitol DR # 1, Austin TX 78753 built?

500 Capitol DR # 1, Austin TX 78753 was built in 1938.

How much does 500 Capitol DR # 1, Austin TX 78753 cost?

500 Capitol DR # 1, Austin TX 78753 is currently off market.

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