507 South Park DR # B, Austin TX 78704

Austin, TX 78704 | South Park | Built by Bison Build

Off Market

Exterior view of 507 South Park DR # B, Austin TX 78704

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Ed's Opinion of Value

$369,199 Ed's Estimate: $633,321 $875,000

Lowest Comp Recommended List: $470,000 to $480,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $633,321. For a well positioned listing in SOUTH PARK, I'd target the $470,000 to $480,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTH PARK. At 0.25 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in SOUTH PARK (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 3204 Garden Villa LN # 2, Austin TX 78704, with an adjusted value of $649,854; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78704 Market Trends

$875,000 Median Sold Price ▼ 2.8% 6mo

$515/sqft Median $/SqFt ▼ 4.5% 6mo

92 days Avg Days on Market 29 days slower

296 homes Active Inventory 7.6 mo supply

96.1% Sale-to-List Ratio

234 Sales (6 months)

Recently Sold Comparables

$649,854 adjusted 3204 Garden Villa LN # 2, Austin TX 78704 2bd / 3.0ba • 1,099 sqft • 0.4 mi Sold 3 months ago

$658,646 adjusted 2402 S 3rd ST # B, Austin TX 78704 2bd / 3.0ba • 1,060 sqft • 0.7 mi Sold 5 months ago

$798,122 adjusted 2709 Stacy LN # 2, Austin TX 78704 2bd / 3.0ba • 1,071 sqft • 0.4 mi Sold 10 months ago

$369,199 adjusted 3114 S Congress Ave # 310, Austin TX 78704 2bd / 2.0ba • 1,313 sqft • 0.3 mi Sold 4 months ago

Currently on Market

$640,000 924 Cardinal LN, Austin TX 78704 2bd / 3.0ba • 1,010 sqft • 0.4 mi 5 days on market

$700,000 300 Lightsey RD # 2, Austin TX 78704 2bd / 2.0ba • 1,100 sqft • 0.2 mi 1 days on market

$875,000 2406 Euclid Ave # 2, Austin TX 78704 2bd / 3.0ba • 1,226 sqft • 0.7 mi 33 days on market

2 Beds

3 Baths 2 Full, 1 Half

1,100 Sq Ft

0.251 Acres

2022 Built

1 Garage

About This Property

Repainted in November, best price on new construction in 78704! Luxury home builder, Bison Build, delivers this rare Southwest Modern gem in sought after neighborhood featuring full downtown skyline views on large private lot. Fantastic use of space fills with natural light throughout, high ceilings and open spaces. A covered patio & balconies off each bedroom expands the space. High-end design and construction quality are apparent throughout. Lives like fully detached single family home offering huge private yard. Construction is now complete and unit A is owner occupied. No monthly dues nor rental restrictions.

Features

High Ceilings
Corain Counters
Electric Dryer Hookup
Gas Dryer Hookup
Entrance Foyer
Interior Steps
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Pantry
Recessed Lighting
Smart Thermostat
Soaking Tub
Storage
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Dawson

Middle School Lively

High School Travis

Property Details

Property Type Residential

Flooring Concrete, Tile, Wood

Cooling Central Air

Heating Central

Exterior Balcony, Uncovered Courtyard, Electric Car Plug-in, Lighting, Private Yard

County Travis

MLS # 4779437

Parking

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes $15,702 (2021)

Listing History

MLS# 4779437 - Updated Mar 19, 2026 195 days

Mar 9, 2023	Off Market
Jan 4, 2023	Price Change	$865,000
Apr 21, 2022	Listed	$1,080,000

Frequently Asked Questions About 507 South Park DR # B, Austin TX 78704

When was 507 South Park DR # B, Austin TX 78704 built?

507 South Park DR # B, Austin TX 78704 was built in 2022.

How much does 507 South Park DR # B, Austin TX 78704 cost?

507 South Park DR # B, Austin TX 78704 sold on March 9, 2023. Contact us for sale price details.

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