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.
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.