500 Capitol Drive #1
Austin, TX 78753
1136 sqft | 4 beds | 3 baths | #2724689
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.
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- InteriorCeiling Fans, Interior Steps, MainLevelPrimary
- Lot DescriptionLevel, Moderate Trees, Trees Large Size
- FoundationPillar Post Pier, Slab
- High SchoolNavarro Early College
- Property SubtypeSingleFamilyResidence
- Exterior MaterialsExterior Steps
- SubdivisionGeorgian Acres
- Sewer InformationPublic Sewer
- School DistrictAustin ISD
- Elementary SchoolBarrington
- Property TypePurchase
- Original List Price$500,000
- MLS #2724689
- MLS #2724689
- Utility SourcePublic
- CountyTravis
- Cost500000
- Property ConditionResale
- Square Feet1136
- Year Built1938
- Middle SchoolWebb
- Taxes Annual$980
- Hoa Fees75
- Bedrooms4
- Bathrooms3
- Full Baths3
- Days on Market (Cumulative)1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-05-03 09:02:55 UTC. 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.
The information being 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. 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.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Kinan Beck (#503837), Phone: (512) 694-4777
Listing Office: eXp Realty, LLC (#702963)

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