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500 Capitol Dr , #1

Austin, TX 78753
  • $500,000
  • STATUS: Active
  • ID#: 2724689
UPDATED: 65 min ago
$500,000
  • 4
    BEDS
  • 0.34
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,136
    SQFT
  • $440
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Kinan Beck of eXp Realty, LLC: (512) 694-4777.

Description

Versatile, stylish, and income-producing 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value. A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance ideal for short- or long-term rentals plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that's always in demand. Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality. Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry perfect for entertaining or everyday comfort. Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind. The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.

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© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-15T15:01:34.793.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-05-15T15:01:34.793 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.armstrongpropertiestx.com/homes/163304727
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500 Capitol Dr , #1 Austin, TX 78753

  • Price: $500,000
  • Status: Active
  • On Site: Days
  • Updated: 65 min ago
  • ID#: 2724689
4
Beds
3
Baths
0
½ Baths
0.34
Acres
1,136
SQFT
$440
$/SQFT
1938
Built
Neighborhood:
Georgian Acres
County:
Travis
Area:
Austin
Elementary School:
Barrington
Middle School:
Webb
High School:
Navarro Early College
School District:
Austin ISD
Property Description
Versatile, stylish, and income-producing 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value. A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance ideal for short- or long-term rentals plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that's always in demand. Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality. Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry perfect for entertaining or everyday comfort. Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind. The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces South Exterior Features Exterior Steps Fencing PrivacyWood Foundation Details Pillar/Post/PierSlab Garage YN No Levels One Lot Features LevelPublic Maintained RoadTrees-Large (Over 40 Ft)Trees-Moderate Lot Size Dimensions 0 Other Structures None Parking Features None Patio And Porch Features CoveredFront Porch Roof Composition View None Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherGas RangeRNGHDRefrigerator Cooling Central Air Fireplaces Total 0 Flooring CarpetLinoleumTile Heating Central Interior Features Ceiling Fan(s)Interior StepsPrimary Bedroom on Main Laundry Location In Kitchen Main Level Bedrooms 4 Num Dining 1 Num Living 1 Rooms Primary Bedroom (Main Level Ceiling Fan(s)Storage) Primary Bathroom (Main Level Walk-in Shower) Kitchen (Main Level Open to Family RoomRecessed LightingStorage) Window Features Wood Frames

Property Features

Accessibility Features None Additional Parcels YN No Association Fee 75 Association Fee Frequency Annually Association Fee Includes Common Area Maintenance Association YN Yes Community Features None Estimated Taxes 5903 Fema Flood Plain No Horse YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Spa Features None Special Listing Conditions Standard Tax Annual Amount 980 Unit Style 1st Floor EntryEntry Steps Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public



© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-15T15:01:34.793.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2025-05-15T15:01:34.793 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Armstrong Properties
115 West Buck
Caldwell TX, 77836
Property listed by Kinan Beck of eXp Realty, LLC: (512) 694-4777.