This property has sold on March 30, 2026. Looking for something similar? Contact us or browse available homes.

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$410,000
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Tucked into a quiet pocket just blocks from The Triangle, North Loop, and the UT campus, this two-bedroom, one-bath move in ready home—built in 1950—offers the perfect blend of classic charm and walkable city living. Inside, the bright, functional layout feels cozy yet open, with large windows that fill the space with natural light. Original hardwood floors, granite countertops, and crown molding add timeless character and warmth throughout. Recent upgrades—including a new roof in 2022—bring peace of mind, while two dedicated parking spots add everyday convenience. Out back, a private fenced yard offers space to unwind, garden, or let your pet roam freely. Just steps from Home Slice, Foreign & Domestic, Merit Coffee, and other neighborhood gems, this home offers unbeatable walkability to some of Austin’s best dining, shopping, and green spaces. Whether you're headed to campus (10 minute bike ride), downtown, or simply exploring your own neighborhood, you'll love living in the heart of it all. Great for investors and first time home buyers. Down Payment Help May Be Available! This home qualifies for Austin’s Down Payment Assistance Program (up to $40,000 for eligible buyers). 0% down payment and closing cost assistance available – for qualified buyers. Feel free to call/text/email me with questions on this. *Some photos include virtual staging to help visualize the space.
Property Type
Residential
Year Built
1950
Lot Size
0.08 acres
$/Sq Ft
$433
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
506 W 51st ST Unit #A is listed at $410,000 with 2 bedrooms, 1 full bathrooms, 946 square feet, 0.08-acre lot.
506 W 51st ST Unit #A is zoned for Austin ISD with assigned schools: Ridgetop (8/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
506 W 51st ST Unit #A is a Residential built in 1950 featuring 2 bedrooms, 1 full bathrooms, 946 square feet, 0.08-acre lot.
506 W 51st ST Unit #A 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 506 W 51st ST Unit #A is $7,733. 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
Pending 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 |
|---|---|---|---|---|
2025-16.6% | — | $357,219 | — | — |
2024+5.4% | — | $428,568 | $182,250 | $227,436 |
2023+30.6% | — | $406,656 | $182,250 | $246,318 |
2022+25.4% | — | $311,458 | $182,250 | $224,406 |
2021 | — | $248,277 | $111,375 | $200,083 |
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% ($82K)
$410,000
Luxury property intelligence
A sourced read on Koenig Place pricing, timing, and property scale. No automated valuation claim.
List price
$410,000
Price per sqft
$433/sqft
Vs. Koenig Place median
Not available
Days on market
Not available
Original to current
No verified reduction
$410K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($82,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 506 W 51st ST Unit #A is around $2,772 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $410,000, 506 W 51st ST Unit #A is in the Koenig Place market where there are currently 44 active listings in 78751. The Keenan Group has completed 8 transactions in 78751 as part of 1,000+ career sales totaling $1B+ across Austin.
506 W 51st ST Unit #A was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
506 W 51st ST Unit #A 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.
10 events on record
Current Price
$410,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.6% | — | $357,219 | — | — |
2024+5.4% | — | $428,568 | $182,250 | $227,436 |
2023+30.6% | — | $406,656 | $182,250 | $246,318 |
2022+25.4% | — | $311,458 | $182,250 | $224,406 |
2021 | — | $248,277 | $111,375 | $200,083 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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