503 South Park DR, Austin TX 78704

Austin, TX 78704 | South Park

Ed's Opinion of Value

$675,000 Ed's Estimate: $869,505 $1,203,093
Lowest Comp Recommended List: $711,000 to $721,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $869,505. To generate strong buyer interest while maximizing value, I'd price this between $711,000 and $721,000. Among the similar homes currently available in SOUTH PARK, this price point stands out as competitive. This home's larger footprint (185 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 6 of 6 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in SOUTH PARK, listed between $675,000 and $1,135,000. The trend in SOUTH PARK shows prices have fallen 61.4% in the past 6 months. 504 Powell CIR, Austin TX 78704 nearby adjusts to $791,756; with a smaller floor plan and no pool. 6 comparable transactions in SOUTH PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,775 Sq Ft
0.2687 Acres
1957 Built

About This Property

Beautifully remodeled one-story home in the highly sought-after 78704 with a detached studio/flex space on an 11,705 square foot lot. The home is designed for entertaining, boasting an open floor plan that seamlessly connects indoor and outdoor living spaces. The main residence features an open concept layout offering ease of access and a seamless flow between rooms. With three bedrooms and two bathrooms, this home provides ample space for comfortable living. Every aspect of the property has been meticulously updated, from the fresh paint (both exterior and interior), stucco front exterior to the replaced roof, HVAC system, and tankless water heater and more! High-end finishes and fixtures are found throughout, including flooring, tile, light fixtures, custom cabinets, and appliances. The detached studio/flex space offers versatile usage options, including hosting guests, serving as a home office, or even functioning as a yoga studio. This additional space adds value and flexibility to the property. The expansive front yard and backyard provide plenty of space for outdoor activities and relaxation. The cowboy pool with custom deck and outdoor kitchen offers a refreshing retreat during hot Texas summers, while the outdoor shower adds a touch of luxury. Turf and xeriscaping throughout makes maintenance low and easy. The addition of an automatic gate and fully fenced in front and backyard ensures privacy and security, allowing residents to enjoy peace of mind while enjoying their outdoor spaces.

Preferred lender offering a FREE 1% rate reduction for the first TWO years of the borrowers loan term AND covering the lender refi fees.

Property Highlights

Pool Above Ground, Waterfall

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Dawson
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Barbecue, Gas Grill, Lighting, Private Yard
County Travis
MLS # 8059476

Tax Information

Annual Taxes (MLS) $19,198 (2023)

Listing History

MLS# 8059476 147 days
Oct 31, 2024 Off Market
Apr 3, 2024 Price Change $1,315,000
Mar 15, 2024 Listed $1,325,000

Frequently Asked Questions About 503 South Park DR, Austin TX 78704

When was 503 South Park DR, Austin TX 78704 built?

503 South Park DR, Austin TX 78704 was built in 1957.

How much does 503 South Park DR, Austin TX 78704 cost?

503 South Park DR, Austin TX 78704 sold on October 31, 2024. Contact us for sale price details.

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