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500 Capitol Dr #1, 
Austin, TX 78753

$500,000


4

Beds


3

Baths


1,136

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Kinan Beck

eXp Realty, LLC.

888-519-7431

Last updated:

May 7, 2025, 12:55 AM

MLS#

2724689

Source:

ACTRIS

About This Home

500 Capitol Dr #1

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1938

Price Summary

500,000

$440 per Sq. Ft.

MLS #:

2724689

Last Updated:

May 7, 2025, 12:55 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,136 Sq. Ft.


Structure

Structure

Building Area:

1,136 Sq. Ft.

Year Built:

1938


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$440 per Sq. Ft.

Source:ACTRIS
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.