This property has sold on May 19, 2022. Looking for something similar? Contact us or browse available homes.

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$1,998,700
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505-1 South Park, a perfect urban home, complete with the thoughtful design, luxury finishes, certified green performance and quality craftsmanship you've come to expect from Newcastle Homes. Designed for the way you live! On the first floor, the spacious living room is flooded with natural light. The kitchen features upgraded quartz countertops, plenty of storage and professional grade appliances. The dining room is adjacent to a built-in bar/buffet, complete with a wine fridge. The entertaining and living space flows seamlessly to the covered outdoor living area and pool through an expansive 3-part Western sliding door. The primary suite encompasses a large bedroom that is intuitively accessible from both the main living area and the garage via the mud room/laundry. It boasts a colossal bathroom, featuring a double vanity, walk-in curbless shower, freestanding tub and a massive walk-in closet. The primary suite also connects to the back patio and pool deck directly thought its own 2-part Western sliding door. The second floor is centered on a flex space that can function as an office, second living area, studio and more. Three generous bedrooms sit off the flex space, two sharing a deluxe alcove bath and the other featuring an en-suite bathroom with a walk-in shower. Nestled in the established Galindo neighborhood in Austin's most-coveted zip code, 78704, 505-1 South Park is not too close to the South 1st but still walkable to the dining and entertainment districts there, while also moments from South Congress and South Lamar. It’s perfectly situated to take advantage of all that South Austin has to offer with quick access to downtown, greater Austin and even the airport via multiple corridors. Designed for the way you live. You will find no other single family home with the level of style and value in such a prime location as 505-1 South Park!
Property Type
Residential
Year Built
2022
Lot Size
0.12 acres
$/Sq Ft
$737
Garage
2 spaces
Pool
Yes
Listed by Newcastle Homes
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
505-1 South Park DR is listed at $1,998,700 with 4 bedrooms, 3 full, 1 half bathrooms, 2,713 square feet, 0.12-acre lot. This places it above the 78704 median of $1,166,500.
505-1 South Park DR is zoned for Austin ISD with assigned schools: Dawson (2/10) (elementary), Fulmore (middle), Travis (high). School assignments should be verified directly with the district.
505-1 South Park DR is a Residential built in 2022 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,713 square feet, 0.12-acre lot.
505-1 South Park DR 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 505-1 South Park DR is $7,183. 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
Listing timeline with current price, original ask, and market time.
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% ($400K)
$1,998,700
Luxury property intelligence
A sourced read on SOUTH PARK SEC 2 pricing, timing, and property scale. No automated valuation claim.
List price
$1,998,700
Price per sqft
$737/sqft
Vs. SOUTH PARK SEC 2 median
Not available
Days on market
1,543 days
Original to current
No verified reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 3, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($399,740) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 505-1 South Park DR is around $10,969 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,998,700, 505-1 South Park DR is in the SOUTH PARK SEC 2 market where there are currently 167 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin.
505-1 South Park DR was built in 2022, making it 4 years old with relatively recent construction.
505-1 South Park DR 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.
2 events on record
Current Price
$1,998,700
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Recent sales for market context