505 Lightsey RD, Austin TX 78704

Welcome to life in the 04—because if you know, you know. This is one of Austin’s most coveted zip codes, and this home sits right in the heart of it with an incredible location and downtown skyline views from the backyard. Yes, that skyline.
The house itself is a vibe: a stylish, well-loved 3-bedroom, 1-bath home that feels warm, creative, and undeniably Austin. It’s absolutely livable as-is, with great character and flow, while still leaving room for thoughtful upgrades to make it your own and add serious value over time. This is the kind of place you move into and slowly perfect—not a project you dread.
Step outside and you’ll find a huge backyard, complete with a limestone patio and a cowboy pool—a perfect setup for laid-back afternoons, entertaining friends, or cooling off after a long day. And if you’re thinking long-term, the lot also offers the rare opportunity to eventually tear down and build a two-story home that would unlock some of the most stunning views Austin has to offer.
Location? Unreal. Walk to St. Edward’s, Cosmic, Music Lane, and all the restaurants, trails, and culture that make the 04 legendary. Plus, new school zoning places this home in Austin High, a huge bonus for the area.
An independent appraisal dated 11/25 values the home at $590,000, and it’s priced aggressively to sell. Opportunities like this don’t wait—make your move before someone else claims one of the best values in 78704.