#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Experience small-town Texas charm with easy access to Austin in this fully-renovated, move-in ready patio home located in Downtown Bastrop. Updated top to bottom with new flooring, paint, lighting, fixtures, appliances, A/C systems, durable metal roof, and privacy fence, this rare 4-bed, 2 1/2-bath home offers walkability to Main Street shops, Fisherman's Park, Bastrop High School, and Mina Elementary. The main-level primary suite includes dual sink vanity, frameless shower, soaking tub and three closets, while the kitchen features new cabinets with quartz countertops, a center island, and an open layout into the great room. With two living areas, two fireplaces, a 2-car garage, and mature pecan trees, this is a turnkey opportunity in a highly desirable area. Note that currently there is no homestead exemption applied to this home, so taxes will be substantially reduced when this house is used as a homestead.
Property Type
Residential
Year Built
1983
Lot Size
0.21 acres
$/Sq Ft
$211
Garage
2 spaces
Listed by Schiff Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
503 Elm ST is listed at $529,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,511 square feet, 0.21-acre lot. This places it above the 78602 median of $395,000.
503 Elm ST is zoned for Bastrop ISD with assigned schools: Mina (4/10) (elementary), Riverside (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
503 Elm ST is a Residential built in 1983 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,511 square feet, 0.21-acre lot.
503 Elm ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 503 Elm ST is $8,320. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 503 Elm ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 |
|---|---|---|---|---|
2026+7.4% | — | $177,722 | $65,152 | $112,570 |
2025 | — | $165,520 | $46,000 | $139,047 |
Bastrop ISD
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.
20% ($106K)
$529,000
Luxury property intelligence
A sourced read on Farm Lt pricing, timing, and property scale. No automated valuation claim.
List price
$529,000
Price per sqft
$211/sqft
Vs. Farm Lt median
Not available
Days on market
431 days
Original to current
$20K reduction
$549K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($105,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 503 Elm ST is around $3,438 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $529,000, 503 Elm ST is in the Farm Lt market where there are currently 339 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
503 Elm ST was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
503 Elm ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$529,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|
2026+7.4% | — | $177,722 | $65,152 | $112,570 |
2025 | — | $165,520 | $46,000 | $139,047 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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