506 Powell Cir, Austin, TX 78704

$1,699,000
3
BD
4
BA
2,432
SqFt

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List Price
$1,699,000
Status
ACTIVE
MLS#
6752865
Price Change
▼ $51,000 1772239527
Bedrooms
3
Bathrooms
4
Living Area
2,432
Lot Size
6,708
Area
Austin - South

Property Description

Turn key investment opportunity in the heart of Austin! Turn key investment opportunity in the heart of Austin! Home is leased through December 2027 to tenants - providing immediate and reliable income from day one. This modern 3-bed, 4-bath home blends contemporary design, functionality, and comfort just minutes from downtown, dining, and entertainment. Inside, you’ll find an open floor plan with high ceilings, large windows, and designer finishes that create a bright, inviting atmosphere. The kitchen features sleek cabinetry, stainless steel appliances, and a large island connecting seamlessly to the living and dining spaces—perfect for entertaining or relaxed daily living. Each bedroom includes its own bath, offering privacy and convenience for residents or guests. The home’s outdoor spaces elevate the lifestyle even further, with a private backyard retreat featuring a sparkling pool, spacious deck, and shaded sitting area under mature trees. A covered carport provides convenient parking and ties into the home’s clean, modern curb appeal. With its prime location near downtown Austin and stable long-term lease already secured, this property offers both immediate returns and long-term growth potential—a turnkey investment opportunity that’s ready to perform.

Additional Information

Exterior Features
None
Interior Features
Ceiling-High, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Stone Counters
Roof
Composition, Membrane
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Instant Hot Water, Microwave, Stainless Steel Appliance(s)
Construction
HardiPlank Type
Region
Austin - South
View
No View
School District
Austin ISD
Elementary School
Dawson
High School
Travis
Middle School
Lively
Sewer
Public Sewer
Stories
2
Street Name
Powell Cir
Street Number
506
Neighborhood
South Park Sec 01
Water
Public
Guest Accomodations
None
Acres
0.15
County
Travis
Floor
Concrete, Wood
Heating
Central
Lot Description
Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Pool
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Pinnacle Realty Advisors. Contact: (972) 338-5441