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$450,000

508 Capitol DR 1, Austin, TX, 78753

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,391 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$323.51 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliances
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Garage Spaces1

About this property

Built in 2021, this stunning modern farmhouse offers 3BD/2BA of thoughtfully designed living space in one of Austin's fastest-growing neighborhoods — combining high design, energy efficiency, and long-term investment value in one exceptional package. Soaring ceilings with an exposed wood beam, polished concrete floors, and an abundance of natural light set the tone the moment you walk in. The open layout connects the living area and kitchen seamlessly, with natural wood cabinetry, open shelving, stainless steel appliances, and a peninsula island with bar seating creating a warm yet modern aesthetic. The spa-inspired bathroom features a marble-look tile shower surround, frameless sliding glass door, dual vanity with natural wood cabinetry, quartz countertops, and warm round wood-framed mirrors — a beautifully curated space from top to bottom. Built with exceptional energy efficiency and durability throughout, both units are fully electric and include an ERV and dehumidifier integrated into the HVAC system for superior indoor air quality. Exterior walls feature 2x6 framing insulated with Greenfiber SANCTUARY material to R-19, significantly reducing noise pollution. The roof is finished with Sharkskin Ultra SA — a hurricane-rated membrane approved by ICC-ES, Miami-Dade, and the Florida Building Code. Wall and roof sheathing was completed with ZIP System panels sealed with liquid flash and ZIP flashing tape for maximum moisture protection and structural integrity. The fenced front yard, attached garage, and mature tree canopy round out this exceptional property — a rare opportunity to own a newer construction home with designer finishes in a neighborhood poised for continued​​‌​​​​‌​‌​​​‌​‌​​‌‌‌​​‌ growth.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Andrew Vallejo

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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508 Capitol DR 1 | Property Details | No Agent List