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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on December 12, 2023. Looking for something similar? Contact us or browse available homes.
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$395,000
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Great investment opportunity in South Austin's historic S 1st St District. Seller is offering this property "As-Is" and the current state of the home allows for a few different value add opportunities for a new buyer. Located on a large corner lot, the options are plentiful to purchase as a rental, fix & flip with expansion of current footprint, or potentially even have it rezoned or subdivided to build a second unit or ADU. The roof was replaced roughly 6 years ago, and has plenty of life left. ***All information included is believed to be true, but buyer/buyer's agent are responsible for conducting their own due diligence.***
Property Type
Residential
Year Built
1958
Lot Size
0.25 acres
$/Sq Ft
$445
Listed by eXp Realty, LLC
Property Details
Verified property facts
505 Philco Dr is listed at $395,000 with 3 bedrooms, 1 full bathrooms, 888 square feet, 0.25-acre lot.
505 Philco Dr is zoned for Austin ISD with assigned schools: St Elmo (6/10) (elementary), Bedichek (2/10) (middle), Travis (high). School assignments should be verified directly with the district.
505 Philco Dr is a Residential built in 1958 featuring 3 bedrooms, 1 full bathrooms, 888 square feet, 0.25-acre lot.
505 Philco 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.
With 20% down ($79,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 505 Philco Dr is around $2,774 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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% ($79K)
$395,000
Luxury property intelligence
A sourced read on Alamo Heights Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$395,000
Price per sqft
$445/sqft
Vs. Alamo Heights Sec 01 median
Not available
Days on market
983 days
Original to current
$50K reduction
$445K 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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#1 ABOR Team 2024 with $1B+ career sales volume
At $395,000, 505 Philco Dr is in the Alamo Heights Sec 01 market where there are currently 167 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
505 Philco Dr was built in 1958 (68 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.
4 events on record
Current Price
$949,000
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.
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