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$995,000
last listed501 Texas, Austin, TX 78705
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5 bed, 4 bath, 3,115 sqft on 0.21 acres in Austin. Austin, TX 78705. Last listed at $995,000, sold September 21, 2023. Austin ISD.
About This Home
MULTIPLE OFFERS - Best and Final 6p Sunday, Sept 10th. First time on the market after over 50 years in the same family! 2/1 back upstairs just refreshed with new: carpet, paint, blinds, light fixtures, bathroom sink/vanity, toilet, fun shower surround tile, kitchen countertop + backsplash, painted kitchen cabinets. Rare opportunity combining a premiere location with an incredible historic (built in 1922) front house and two garage apartments in the rear. Located in the Hancock neighborhood near UT with a .21/acre corner lot. Front home on the lot has gorgeous front porch, recent updates (both structural and cosmetic) and while currently separated out into two 1 bedroom |1 bath units with full kitchens and living rooms, it could easily be converted and restored to original single family home. Many options for this one besides returning the front house into a single family home: owner occupy one of the units, continue revenue generating with existing longer term tenants, determine future development / building opportunities, etc. Currently, the two Family Dwelling lot is used as fourplex and has been for a very long time. Electric is metered separately. Front house roofing work completed in 2018 - new roof decking, shingles, rebuild of rafter supports and replaced facia board and trim. Front house (501 Texas) cosmetic updates Unit A: tile walk-in shower, bathroom penny tile flooring, vanity, laminate flooring, updated tile wall in kitchen, tiled front porch, blinds For B Unit upstairs updates: tile shower surround, vanity, some laminate flooring. Be sure to visit matterport walk-through tour for virtual walk-through of all 4 units: https://www.chrissyhand.com/501texas Buyer to independently verify all information including but not limited to square footage, lot size, year built, zoning, building restrictions, taxes, schools, etc.
- Property Type
- Residential
- Year Built
- 1922
- Lot Size
- 0.21 acres
- Price / Sq Ft
- $319
Listing information last updated September 22, 2023.
Listed by Coldwell Banker Realty
MLS# 1807870 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Laminate Counters
- No Interior Steps
- Primary Bedroom on Main
- Free-Standing Gas Range
- Carpet
- Concrete
- Tile
- Wood
- Heating
- Varies by Unit
- Cooling
- Varies by Unit
Exterior & Lot
- Exterior Steps
- Wood Siding
- Corner Lot
- Curbs
- Level
- Pillar
- Post
- Pier
- Slab
- Covered
- Front Porch
- Roof
- Asphalt
- Lot Size
- 0.21 Acres
- Common
- Off Street
- Outside
Financial
- Original List Price
- $1,500,000
- Price per Sq Ft
- $319
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $995,000
- Original list
- $1,500,000
- Price movement
- $505K reduction
- Listed / DOM
- Apr 21, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $911,073
- Assessment Year
- 2025
- Year Built
- 1922
- Parcel ID
- 000000211637
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.2% | — | $911,073 | $580,846 | $330,227 |
2024+13.8% | — | $1,062,191 | $825,000 | $175,192 |
2023+17.0% | — | $933,704 | $385,000 | $677,191 |
2022+438.0% | — | $797,800 | — | $374,326 |
2021 | — | $148,300 | — | $300,558 |
Virtual Tour
Zoned Schools
McCallum
Kealing
Lee
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($199K)
Adjustable assumption - not a lending recommendation.
Home price
$995,000
Loan details
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$995,000
Price per sqft
$319/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$505K reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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