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$649,900

511 South Park DR 2, Austin, TX, 78704

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$487.91 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Range Hood
FlooringSee Remarks, Wood

Exterior

Exterior FeaturesBalcony, Permeable Paving, Private Yard, See Remarks
Lot Size10,224 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04070308030000
Lot Number3
SubdivisionSouth Park Sec 2
Land UseResidential
Legal DescriptionLOT 3 BLK G SOUTH PARK SEC 2
Census Tract001308
Assessed Land Value$414,589
Assessed Improvement Value$60,798
Assessment Year2025

About this property

Distinctive by design and impossible to duplicate, this Scandinavian Modern detached residence offers a fresh perspective on Austin living. Spanning 1,332 square feet, this thoughtfully designed home blends eco-conscious construction with elevated finishes and a level of character rarely found in new construction. Designed for today's urban lifestyle, it features two bedrooms, two-and-a-half baths, and a dedicated office. Upstairs, the open-concept living area flows through oversized sliding glass doors to an expansive covered patio where you'll enjoy glimpses of Austin's downtown skyline. Whether sipping morning coffee, entertaining friends, or unwinding at day's end, this inviting space embraces the very best of Austin living. Warm textures, curated materials, and designer finishes create an atmosphere that feels both refined and welcoming. The kitchen features custom cabinetry, quartz countertops, smart storage solutions, and a functional layout designed for everyday living. Thoughtful construction sets this home apart, with spray foam insulation, premium windows, a standing-seam metal roof, two-zone HVAC, instant hot water, EV-ready capabilities, and a dedicated dog wash. Offering the privacy of a detached home within a low-maintenance condo regime, this residence is a refreshing alternative to ordinary new construction. Ideally located in the heart of 78704, you'll enjoy convenient access to South Congress, Bouldin Creek, Lady Bird Lake, Downtown Austin, acclaimed restaurants, local boutiques, and major commuter routes. This is a rare opportunity to own a truly distinctive home in one of Austin's most desirable neighborhoods.

Investor Tools

$0Estimated Mortgage Balance
$532,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Michelle Ward

Waterloo Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,405
$475,387
2025
$414,589
$60,798
$475,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,405
$475,387

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$532,000
100%
0%
$0/mo

City: Austin