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506 Powell CIRAustin, TX 78704

For Sale

$1,750,000

Smart Buyer Rebate $17,500

Turn key investment opportunity in the heart of Austin! A 2-year lease starts 12/15/25 with 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.

Listed by Dan Starr

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License #684546

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Pinnacle Realty Advisors

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(972) 338-5441

Last updated November 14, 2025

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Source: ACTRIS #6752865

Listing Facts

  • TypeSingle-family
  • NeighborhoodDawson
  • Bedrooms3
  • Bathrooms4
  • Days on Prevu7
  • Taxes$6,435/year
  • Size2,432 sqft
  • Price per sqft$720

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/13/2025
Listed by Pinnacle Realty Advisors
$1,750,000

Property Details for 506 Powell CIR

Exterior

Construction

  • Property Condition: Resale
  • Roof: Composition, Membrane
  • Year Built: 2020
  • Builder Name: CCG Development
  • Construction Materials: Hardi Plank Type

Features

  • Direction Faces: South
  • Fencing: Fenced, Privacy
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: In Ground
  • Pool Private: Yes

Measurements

  • Lot Features: Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Lot Size Acres: 0.15
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,708

Financial

Taxes

  • Parcel Number: 04050311160000
  • Tax Annual Amount: $6,435.00
  • Tax Assessed Value: $1,353,821.00
  • Tax Year: 2020

Interior

Features

  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Instant Hot Water, Microwave, Stainless Steel Appliance(s)
  • Flooring: Concrete, Wood
  • Interior Features: High Ceilings, Multiple Living Areas, No Interior Steps, Primary Bedroom On Main, Stone Counters

Measurements

  • Living Area: 2,432
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Main Level Bedrooms: 1

Other

Environmental

  • Green Energy Efficient: See Remarks

Location

  • Subdivision Name: South Park Sec 01
  • Tax Block: B
  • Tax Lot: 16

Parking

Parking

  • Parking Features: Carport, Gated, Off Street
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Dawson
  • Elementary School District: Austin ISD

High School

  • High School: Travis
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Lively
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.