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This property has sold on March 28, 2022. Looking for something similar? Contact us or browse available homes.

506 Thrasher LN Unit #2

Austin, TX, 78741

Satellite view of 506 Thrasher LN Unit #2
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Off Marketas of Apr 24, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$485,000

last listed

506 Thrasher Ln Unit #2, Austin, TX 78741

Austin•MLS# 5318154
2beds
2full1half
1,015sqft
Built2021

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

2 bed, 2 bath, 1,015 sqft on 0.16 acres in Austin. Austin, TX 78741. Last listed at $485,000, sold March 28, 2022. Austin ISD.

About This Home

This home is on track to receive an Austin Energy Green Build Rating. Located in an up-and-coming neighborhood nestled between downtown Austin and the new Tesla Gigafactory. This home features numerous windows with bountiful natural light and a thoughtful open floor plan making the home feel even bigger. This home has energy-efficient features – 18 seer heat pump HVAC, solar panels, electric-vehicle charging station, spray foam insulation, exterior continuous foam board wrap insulation, drought resistant landscaping, and more. Master bedroom walk-In closet, white quartz countertops throughout, and a high-quality design created by a professional architect and interior designer for maximum sustainability and energy efficiency make this home feel like luxury. This home is built by Fortunate Foundations who cares deeply about the health of the homeowner and the impact on the environment.

Property Type
Residential
Year Built
2021
Lot Size
0.16 acres
Price / Sq Ft
$478

Listing information last updated April 30, 2025.

Listed by ListingSpark

MLS# 5318154 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Recessed Lighting
Walk-In Closet(s)
ENERGY STAR Qualified Appliances
Gas Cooktop
This home is on track to receive an Austin Energy Green Build Rating
Located in an up-and-coming neighborhood nestled between downtown Austin and the new Tesla Gigafactory

Facts & Features

Interior

Features

  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • ENERGY STAR Qualified Appliances
  • Gas Cooktop

Flooring

  • Tile
Heating
Heat Pump
Exterior & Lot

Construction

  • Hardi
  • Plank Type

Foundation

  • Slab
Roof
Composition,Shingle
Lot Size
0.16 Acres

Parking

  • Carport
Financial
Original List Price
$485,000
Price per Sq Ft
$478
Utilities
  • Electricity Available
  • Natural Gas Available
  • Phone Available
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 506 Thrasher LN Unit #2, whoever represented it.

  1. SoldJune 17, 2025
    Listed at: $450,000MLS 7451310
  2. SoldMarch 28, 2022
    Listed at: $485,000MLS 5318154

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$485,000
Original list
$485,000
Price movement
No verified reduction
Listed / DOM
Nov 11, 2021

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$555,226
Assessment Year
2025
Year Built
2021
Parcel ID
000000956507
$755K
$552K
$552,444
2023
$754,930
+36.7% from prev
2024
$555,226
-26.5% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-26.5%
—$555,226——
2024+36.7%
—$754,930$108,500$613,357
2023
—$552,444$125,550$629,380
5-Year Change0.5%
Map showing 506 Thrasher LN Unit #2
506 Thrasher LN Unit #2
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Eastside Early College

High SchoolGrades 9-12Zoned assignment

Martin

Middle SchoolGrades 6-8Zoned assignment

Allison

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$2,644

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% ($97K)

Adjustable assumption - not a lending recommendation.

Home price

$485,000

Loan: $388K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$485,000

Price per sqft

$478/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

No verified reduction

$485K original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.

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Frequently Asked Questions

What school district is 506 Thrasher Ln Unit #2 in?

506 Thrasher Ln Unit #2 is zoned for Austin ISD with assigned schools: Allison (elementary), Martin (middle), Eastside Early College (high). School assignments should be verified directly with the district.

What are the property details for 506 Thrasher Ln Unit #2?

506 Thrasher Ln Unit #2 is a Residential built in 2021 featuring 2 bedrooms, 2 full, 1 half bathrooms, 1,015 square feet, 0.16-acre lot.

What is the price per square foot at 506 Thrasher Ln Unit #2?

506 Thrasher Ln Unit #2 was last listed at $478 per square foot across 1,015 sqft.

What are the property taxes for 506 Thrasher Ln Unit #2?

The most recent annual property tax for 506 Thrasher Ln Unit #2 is $2,227. 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.

How does 506 Thrasher Ln Unit #2 compare with other homes in Austin?

506 Thrasher Ln Unit #2 was last listed at $485,000 and sold on March 28, 2022. The current MLS snapshot shows 31 active listings in 78741. Keenan Group has completed 6 verified transactions in 78741 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 506 Thrasher Ln Unit #2 built?

506 Thrasher Ln Unit #2 was built in 2021, making it 5 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 4/24/2026, 9:51:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 4/24/2026, 9:51:50 PM

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