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Downtown views! Lovely stucco home tucked into a quiet corner of coveted Travis Heights. This home is made for both entertaining and everyday living, with plenty of space for spreading out. This 1930's house was thoughtfully remodeled in 2003 to make the addition stay true to the home's original charm. The owners found a mill to produce matching wood frames, repurposed solid wood doors, and commissioned stucco to closely match the original exterior. Beautiful hardwood floors throughout the living rooms and guest bedroom are original, as is the tile in the guest bathroom. One striking feature of the home is the arched window in front that captures the glow of the afternoon sun through yellow glass panes. The heart of this home is the kitchen (complete with a vintage Chambers stove and pull-down ironing board) which sits next to the dining and family room, making it ideal for gatherings. The primary bedroom in the back of the house has a private door and bathroom with a custom-made cabinet built by a local carpenter. A second bedroom and bathroom downstairs can be closed off for guests and privacy, while upstairs two more bedrooms (with cathedral ceilings) share a third bathroom. The backyard deck offers fabulous downtown views, shaded by wisteria. The yard has a sweet playhouse with sleeping loft, and a ramp leads down to the rear single-car garage built into limestone. The location is just blocks from South Congress shopping and restaurants and minutes to the neighborhood parks and hike and bike trails. This property is immaculate, well-cared for, and ready for a new owner. FYI - the City just laid new water, wastewater, and gas lines so the street will soon be repaved.
Property Type
Residential
Year Built
1937
Lot Size
0.11 acres
$/Sq Ft
$635
Garage
3 spaces
Listed by Compass RE Texas, LLC
Verified property facts
508 Academy DR is listed at $1,450,000 with 4 bedrooms, 3 full bathrooms, 2,284 square feet, 0.11-acre lot. This places it above the 78704 median of $1,166,500.
508 Academy DR is zoned for Austin ISD with assigned schools: Travis Hts (8/10) (elementary), Lively (6/10) (middle), Travis (high). School assignments should be verified directly with the district.
508 Academy DR is in Travis Heights, Austin, Texas. See the full [Travis Heights neighborhood guide](/neighborhoods/travis-heights-austin) for market data, schools, and lifestyle details.
508 Academy DR is a Residential built in 1937 featuring 4 bedrooms, 3 full bathrooms, 2,284 square feet, 0.11-acre lot.
508 Academy 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline 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 |
|---|---|---|---|---|
2025-6.6% | — | $1,004,244 | — | — |
2024-7.9% | — | $1,075,465 | $1,082,937 | — |
2023+45.0% | — | $1,167,654 | $680,000 | $395,465 |
2022+36.0% | — | $805,300 | $680,000 | $487,654 |
2021 | — | $592,000 | $382,500 | $422,800 |
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% ($290K)
$1,450,000
Luxury property intelligence
A sourced read on Travis Heights pricing, timing, and property scale. No automated valuation claim.
List price
$1,450,000
Price per sqft
$635/sqft
Vs. Travis Heights median
+44.0%
$1M median
Days on market
1,193 days
Original to current
No verified reduction
$1.5M original
Active inventory context
22 listings
Price Position in Travis Heights
Listed 44% above the Travis Heights median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Travis Heights
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
508 Academy DR is priced at $635 per square foot across 2,284 sqft. The Travis Heights median list price is $1,007,000.
The most recent annual property tax for 508 Academy DR is $14,147. 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.
With 20% down ($290,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 508 Academy DR is around $8,703 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,450,000, 508 Academy DR is in the Travis Heights market where there are currently 166 active listings in 78704. The Keenan Group has completed 46 transactions in 78704 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Travis Heights guide](/neighborhoods/travis-heights-austin).
508 Academy DR was built in 1937 (89 years ago). Buyers should budget for potential updates to major systems.
508 Academy 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.
Travis Heights is one of Austin's established neighborhoods, zoned for Austin ISD in the 78704 area. The Keenan Group has specialized in Travis Heights real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$1,450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.6% | — | $1,004,244 | — | — |
2024-7.9% | — | $1,075,465 | $1,082,937 | — |
2023+45.0% | — | $1,167,654 | $680,000 | $395,465 |
2022+36.0% | — | $805,300 | $680,000 | $487,654 |
2021 | — | $592,000 | $382,500 | $422,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
Travis Heights is home to Big Stacy Pool, a free, spring-fed swimming hole that most Austinites have never visited because they are too busy fighting for space at Barton Springs. That hidden quality defines the entire neighborhood. Travis Heights has been here since the 1920s, sitting on the bluffs above Lady Bird Lake, and it has managed to stay more residential and quiet than the buzzing corridors on every side. South Congress is one block west. Rainey Street is a short walk across the bridge. And yet the interior streets still feel like the Austin people romanticize. The neighborhood occupies the high ground east of South Congress and south of Lady Bird Lake, running from the lake to Oltorf Street, with I-35 on the east. The streets climb and wind along bluffs, creating a layered landscape of old trees and homes with views toward downtown. The Congress Avenue Bridge bats are a five-minute walk. Downtown is across the bridge, ten minutes on foot. Perla's and June's All Day anchor South Congress to the west. Elizabeth Street Cafe serves Vietnamese-French pastries. Lenoir offers a farmhouse wine garden. Odd Duck does farm-to-table small plates. Otoko is one of the most exclusive reservations in the city. Emmer and Rye rounds out with inventive tasting menus. Craftsman bungalows from the 1920s and 1930s make up the largest category, with wide porches and original wood siding. Tudor homes add steep gabled rooflines. Contemporary builds appear on teardown lots. Mid-Century homes fill blocks farther from the lake. A bungalow needing work starts around $700,000, while renovated or new construction with lake views can exceed $2.5 million. Lots are modest - a tenth to a quarter acre - but tree coverage and topographic variation make them feel larger. Travis Heights Elementary carries a reputation for strong community involvement and a diverse student body. Students feed into Fulmore Middle School and Travis High School. The schools attract families who actively choose an urban public school experience: diverse populations and neighborhood identity. Parent engagement runs high. Private options are plentiful nearby, including Austin Montessori. Blunn Creek Greenbelt runs through the interior, providing a shaded corridor for walking and nature play. Big Stacy Park has both the spring-fed pool and a neighborhood gathering point. Lady Bird Lake's boardwalk connects the south side to the east side. The Congress Avenue Bridge bats are part of the nightly routine March through October. Weekend mornings might start with coffee on a front porch, a walk to the South Congress farmers market, or a jog along the Butler Trail. Travis Heights sits between South Congress's commercial energy and the quieter feel of Bouldin Creek. South Congress properties near the avenue carry a premium but sacrifice residential calm. Bouldin Creek offers similar vintage stock on flatter terrain with less lake proximity. East Austin has seen rapid appreciation but lacks the established canopy and topographic character. Travis Heights benefits from being close to everything without being consumed by it. Travis Heights is for buyers who want the real, historic Austin experience with a ten-minute walk to downtown and South Congress. It fits families who value Craftsman bungalows and front-porch living, couples who want to walk to world-class restaurants, and anyone who believes the best neighborhoods are the ones that have been quietly getting it right for a hundred years.
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