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3 bed, 2 bath, 1,246 sqft on 0.15 acres in Barton Hills. Austin, TX 78704. $799,000. Austin ISD.
This 1950s home, situated on a 0.1542-acre corner lot, is being offered for sale for the first time in more than 50 years. This property presents an opportunity to redevelop, restore, or both in the sought-after Barton Hills neighborhood. The 1,246 square-foot house (per TCAD) includes 3 bedrooms and 2 bathrooms. Enjoy walkability to local restaurants, coffee shops, and parks. Zoned for Barton Hills Elementary, O Henry Middle School, and Austin High School. Unbeatable location and potential!
The 2506 Rae Dell Ave corner lot in Barton Hills has been in the same family for over 50 years, and its 1956 construction tells the story of Austin's post-war residential boom. From the street, the wood siding and covered porch create immediate curb appeal, with mature landscaping that frames a home built when this neighborhood was just beginning to define itself as one of Austin's most desirable addresses.
Inside the 1,246 square-foot floor plan, period details anchor the character. Original hardwood floors appear throughout the main living areas, and built-in shelving and cabinetry reflect mid-century craftsmanship when storage solutions were designed into walls rather than added later. A chandelier hangs above living spaces, and laminate countertops and appliances offer practical functionality. The layout flows naturally across three bedrooms and two full bathrooms without interior steps, making navigation easy despite the home's age. A back bedroom can serve as office or guest space depending on how you envision the floor plan.
The 0.1542-acre corner lot is the real asset here. Windows on multiple sides flood the interior with light, and the front porch opens onto Rae Dell Avenue, where pedestrian traffic and neighborhood life pass by. A back yard and patio provide outdoor living space, rare in central Austin where lot sizes trend smaller each decade. This corner positioning also means access from two street frontages, valuable for anyone considering future development or expansion.
Location inside the Barton Hills attendance zone anchors long-term value. Barton Hills Elementary, O Henry Middle School, and Austin High School serve this address through Austin ISD. Walkability to restaurants, coffee shops, and Barton Hills Park puts daily amenities within reach on foot. The proximity to downtown Austin, major employers along the Domain corridor, and Austin-Bergstrom International Airport makes commuting manageable in every direction.
At $799,000 ($641 per square foot), this property represents a rare opportunity to own a piece of Austin's mid-century residential history on a corner lot in a neighborhood that continues to appreciate. Whether your vision involves restoration, redevelopment, or both, the bones and location are established. The family that held this home for five decades recognized its value; the market will too.
Barton Hills is South Austin's Greenbelt neighborhood in 78704, where the Gus Fruh trailhead sits on a residential street and Barton Springs Pool is a five-minute bike ride. Median home price $1.49M. Austin ISD schools, 10 minutes to downtown, direct access to the Barton Creek Greenbelt and Zilker Park.
The housing stock is mostly 1950s-70s ranch homes on generous lots (8,000-12,000 sq ft) with mature live oak and pecan canopy. The terrain is hilly and the streets wind without sidewalks — everyone walks in the road and waves. Some original homes have been updated; others are teardown candidates for new builds. Active listings typically number 5-10 at any given time.
South Lamar corridor runs along the eastern edge — Uchi, Odd Duck, Loro, Matt's El Rancho, and the Alamo Drafthouse at Lamar Union are all within a mile. Zilker Park (351 acres) is the front yard. The Barton Hills Neighborhood Association actively protects the environmental features that make this location work — the springs, the Greenbelt, and the creek.
What defines Barton Hills: trail access from your front door, spring-fed swimming, James Beard Award-winning food a mile away, and a 10-minute downtown commute. The tradeoff is hilly terrain, no HOA-maintained common areas, and older housing stock that may need significant updating.
School District: Austin ISD
View Barton Hills neighborhood guideVerified property facts
2506 Rae Dell Ave is listed at $799,000 with 3 bedrooms, 2 full bathrooms, 1,246 square feet, 0.15-acre lot.
2506 Rae Dell Ave is zoned for Austin ISD with assigned schools: Barton Hills (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
2506 Rae Dell Ave is a Residential built in 1956 featuring 3 bedrooms, 2 full bathrooms, 1,246 square feet, 0.15-acre lot.
2506 Rae Dell Ave is priced at $641 per square foot across 1,246 sqft. The Barton Hills neighborhood guide reference price is $1,485,000 (Barton Hills neighborhood guide · reference price).
The most recent annual property tax for 2506 Rae Dell Ave is $17,084. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Listing information last updated July 28, 2026.
Listed by Compass RE Texas, LLC
MLS# 5122054 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
1 record on file
Every recorded listing, sale, and lease at 2506 Rae Dell Ave, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-33.5% | — | $834,783 | — | — |
2024+4.0% | — | $1,254,373 | $900,000 | $227,745 |
2023+72.3% | — | $1,206,209 | $950,000 | $304,373 |
2022 | — | $699,972 | $950,000 | $256,209 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($160K)
Adjustable assumption - not a lending recommendation.
$799,000
Luxury property intelligence
A sourced read on Barton Hills pricing, timing, and property scale. No automated valuation claim.
List price
$799,000
Price per sqft
$641/sqft
Vs. Neighborhood guide reference price
-46.2%
$1.5M · Barton Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$799K original
Active inventory context
16 listings
Price Position in Barton Hills
Listed 46% below the Barton Hills neighborhood guide reference price. Barton Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Aug 14, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 2506 Rae Dell Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 14, 2026, 2506 Rae Dell Ave is offered at $799,000. The current MLS snapshot shows 128 active listings in 78704. Keenan Group has completed 49 verified transactions in 78704 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Barton Hills guide for current neighborhood analysis.
2506 Rae Dell Ave was built in 1956 (70 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Barton Hills is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in Barton Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
5 events on record
Current Price
$799,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-33.5% | — | $834,783 | — | — |
2024+4.0% | — | $1,254,373 | $900,000 | $227,745 |
2023+72.3% | — | $1,206,209 | $950,000 | $304,373 |
2022 | — | $699,972 | $950,000 | $256,209 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
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| 1401 EVA ST Unit #402 | $650K |
| 2705 Tether Trl | $1.15M |
| 307 W Annie St | $1.13M |
| 1702 Briar St | $640K |
| 908 Ebony St | $690K |
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Neighborhood guide and local insights
Barton Hills is South Austin's Greenbelt neighborhood in 78704, where the Gus Fruh trailhead sits on a residential street and Barton Springs Pool is a five-minute bike ride. Median home price $1.49M. Austin ISD schools, 10 minutes to downtown, direct access to the Barton Creek Greenbelt and Zilker Park. The housing stock is mostly 1950s-70s ranch homes on generous lots (8,000-12,000 sq ft) with mature live oak and pecan canopy. The terrain is hilly and the streets wind without sidewalks — everyone walks in the road and waves. Some original homes have been updated; others are teardown candidates for new builds. Active listings typically number 5-10 at any given time. South Lamar corridor runs along the eastern edge — Uchi, Odd Duck, Loro, Matt's El Rancho, and the Alamo Drafthouse at Lamar Union are all within a mile. Zilker Park (351 acres) is the front yard. The Barton Hills Neighborhood Association actively protects the environmental features that make this location work — the springs, the Greenbelt, and the creek. What defines Barton Hills: trail access from your front door, spring-fed swimming, James Beard Award-winning food a mile away, and a 10-minute downtown commute. The tradeoff is hilly terrain, no HOA-maintained common areas, and older housing stock that may need significant updating.
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