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$1,300,000   Price Analysis
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500 Terrace Dr
Austin, TX 78704
4 bed 3 bath 4,019 SqFt ($323/SqFt)
7,479SqFt lot. Built 2011
Listed 2024-04-10, Taxes $27,494
Ⓧ USDA Ineligible
due to price & location

near Austin

DIAMOND IN THE ROUGH!

Located on a corner lot on a quiet street with downtown views from the 3rd story, the home was built in 2011 and never finished. The sale includes 95% (est.) of all the building materials needed to complete the home. Listed well below Travis CAD 2023 value, this home is a potential goldmine to the buyer who has finishing experience. The sellers spared no expense with building materials or appliances. The home includes a 6 burner DCS double convection oven range with built in grill, a DCS SS refrigerator, Bosch SS dishwasher, a Samsung SS stackable washer and dryer. High end materials were used in the construction and the seller started the Austin Green Building Program, but never finished.

Marvin Integrity fiber glass windows were installed with screens still in the original packaging. A high efficiency fireplace is in the main living area surrounded by fossilized limestone from the Permian Basin. The home also includes a private outdoor shower, multiple hidden storage areas, a central vacuum system, rosewood, bamboo and oak flooring, double limestone sinks in the primary bath and attractive walnut bamboo cabinetry. The 3rd story 1/4 bath drain is in place to install a shower and make a full bath. The detached garage has 1/4 bath and dog bath that can be converted to full bathroom with potential to build a studio apartment . This unique home is steps away from Little Stacy Park, Blunn Creek Greenb elt Trail or a couple of blocks to South Congrss, music, shops and dining including Perla's, Lucy's, C-Boys Heart and Soul, Magnolia Cafe, Torchys Tacos, Allen's Boots + SO MUCH MORE. Many stunning new builds nearby. Multiple surveys are available. Complete building plans will transfer with the sale.


Presented by Dee Thomas at
Keller Williams Nw Mkt Ctr.
Listing Agent Photo

Property MLS #540017 from CentralTexas

Bedrooms: 4
Primary Bedroom Dimensions: 13' x 15 x '
Bedroom 1 Dimensions: 12' x 12'
Bedroom 2 Dimensions: 12' x 11'
Primary Bedroom Level: Upper
Bedroom 1 Level: Upper
Bedroom 2 Level: Upper
Primary Bedroom Description: Ceiling Fan, Closets - Walk-In, Shower - Separate, Tub - Garden, Vanity - Double

Total Rooms: 7
Kitchen: 11' x 13'
Kitchen: Main
Dining: 13' x 10'
Dining: Main
Living Room Dimensions: 18' x 16'
Living Room Level: Main

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

All Bedrooms Up
Breakfast Bar
Ceiling Fans
Central Vacuum
Double Vanity
Eat-in Kitchen
Formal Dining
Granite Counters
Multiple Dining Areas
Pantry
Separate Shower
Shower/Tub Combo
Smart Thermostat
Storage
Track Lighting
Tub-Soaking
Walk-In Closet(s)
Wired for Data
Flooring: Concrete-Stained, Tile, Wood

Dishwasher
Disposal
Dryer
Exhaust Fan Vented
Microwave
Oven-Convection
Oven-Double
Range-Gas
Refrigerator
Washer
Water Heater -Tankless
Water Heater 2+ Units
Laundry Facilities: Dryer Connection Elec, Laundry Room, Sink, Washer Connection

Breakfast Area
Breakfast Bar
Built-In Oven
Center Island
Eat in Kitchen
Gas
Pantry-Walk In
Range
Built-In Microwave
Kitchen Dimensions: 8' x 18'
Kitchen Level: Main

Cooling Features: 1 Unit, Central, Electric
Fireplace Features: Circulating, Gas, Living Room, Master
Heating Features: 1 Unit, Central, Natural Gas
Number of Fireplaces: 2

Deck
Decorative Pond
Gutters-Partial
Shower
Road Surface Type: City Street

Lot Description: 0-.25 Acres, Corner Lot, Level
Lot Size Acres: 0.1717
Lot Size Square Feet: 7479

Garage Spaces: 2
Garage Description: Detached Garage, Door-Multi, Side Entry Garage

Association: No
Calculated Total Monthly Association Fees: 0

Park Access
Playground

School District: Austin ISD

Fulmore Middle School is a public middle school located approximately 0.1 miles away.
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Travis Heights Elementary School is a public elementary school located approximately 0.2 miles away.
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Travis High School is a public high school located approximately 0.7 miles away.
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St Ignatius Martyr School is a private elementary and middle school located approximately 0.4 miles away.
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Annual Tax Amount: 25188
Source Listing Status: Active
County: Travis
Directions: From I-35 S to S I-35 Frontage Rd. Take exit 232 from I-35 S. Continue on S I-35 Frontage Rd. Take Woodland Ave to Terrace Dr. House is on your right.
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Blue Bonnet Hills
Subdivision: Blue Bonnet Hills
Flood Plain: No
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $unknown
$1,265,638
$27,494
2022$unknown + $unknown
$1,150,580
$27,548
2021$595,982 + $450,000
$1,045,982
$25,619
2020$595,982 + $450,000
$1,045,982
$22,434
2019$645,204 + $450,000
$1,095,204
$25,986
2018$672,187 + $400,000
$1,072,187
$26,111
2017$620,796 + $375,000
$995,796
$24,428
2016$621,025 + $350,000
$971,025
$22,864
2014$386,605 + $280,000
$666,605
$19,291
2014$433,193 + $350,000
$783,193
$18,638
2013$167,483 + $200,000
$367,483
$16,125
2012$unknown + $unknown
$446,981
$8,754
2011$unknown + $unknown
$200,000
$10,356
2010$unknown + $unknown
$247,932
$4,412
2009$unknown + $unknown
$225,393
$5,401
2008$unknown + $unknown
$204,903
$4,852

Price Changed 2024-05-15
$1,300,000
CentralTexas
Price Changed 2024-05-15
$1,300,000
UnlockMLS
Listed 2024-04-10
$1,400,000
CentralTexas
Listed 2024-04-04
$1,400,000
UnlockMLS

Soil: Mix

Total Square Feet Living: 4019
Year Built: 2011
Attic: Access Only
Building Exterior Type: Stone Veneer, Stucco
Foundation Details: Slab
Property Age: 13
Property Condition: Complete Construction
Roof: Metal
Levels or Stories: 3
House Style: Traditional
Year Built Source: Appr Dist

Sewer: City Water, Public Sewer
Above Ground
Cable TV
City Electric
City Garbage
Electricity on Property
High Speed Internet
Natural Gas Available
Telephone Available
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.