#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to this inviting single-family home in a quiet, established neighborhood just moments from everything South Austin has to offer. Built in 1997, this 1,090 sq ft gem features two spacious bedrooms, two full bathrooms, and a one-car garage—perfect for first-time buyers, downsizers, or savvy investors looking for a great opportunity at this price point.
Step inside to a functional and comfortable layout ready for your personal touch. The highlight of the home is the covered back porch overlooking a large, fully fenced backyard bursting with potential. Whether you envision a lush garden, outdoor entertaining space, play area, or even future expansion, this private yard is a rare find within the city.
Location is everything, and this home delivers. Situated in the desirable 78748 zip code, it’s just minutes from SouthPark Meadows, one of Austin’s premier shopping and dining destinations. Enjoy convenient access to popular retailers like Super Target, Walmart, JCPenney, Best Buy, Hobby Lobby, PetSmart, Ulta, Marshalls, Ross, and HomeGoods, along with a wide variety of dining options including Texas Roadhouse, Serrano’s Tex-Mex, Chipotle, Another Broken Egg Café, Plucker’s Wing Bar, Little Woodrow’s, and Amy’s Ice Creams.
The area also offers excellent amenities for families and outdoor enthusiasts alike. Highly rated Austin ISD schools serve the neighborhood, and you’ll love being close to outdoor recreation at Mary Moore Searight Metro Park, known for its scenic trails, disc golf course, and expansive green space. With easy access to I-35, commuting to downtown Austin, the airport, and major employers is quick and convenient. This is South Austin living at its best—comfortable, connected, and full of potential.
Property Type
Residential
Year Built
1997
Lot Size
0.12 acres
$/Sq Ft
$298
HOA
$200/mo
Garage
2 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
512 Shep ST is listed at $325,000 with 2 bedrooms, 2 full bathrooms, 1,090 square feet, 0.12-acre lot.
512 Shep ST is zoned for Austin ISD with assigned schools: Williams (elementary), Bedichek (middle), Crockett (high). School assignments should be verified directly with the district.
512 Shep ST is a Residential built in 1997 featuring 2 bedrooms, 2 full bathrooms, 1,090 square feet, 0.12-acre lot.
512 Shep ST 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 512 Shep ST is $6,277. 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
Price Change 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 |
|---|---|---|---|---|
2025-22.6% | — | $306,701 | — | — |
2024+14.5% | — | $396,496 | $200,000 | $135,649 |
2023+52.2% | — | $346,354 | $200,000 | $196,496 |
2022-0.9% | — | $227,500 | $200,000 | $146,354 |
2021 | — | $229,525 | $100,000 | $127,500 |
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.
20% ($65K)
$325,000
Luxury property intelligence
A sourced read on Park Ridge pricing, timing, and property scale. No automated valuation claim.
List price
$325,000
Price per sqft
$298/sqft
Vs. Park Ridge median
Not available
Days on market
75 days
Original to current
$20K reduction
$345K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 23, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($65,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 512 Shep ST is around $2,209 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $325,000, 512 Shep ST is in the Park Ridge market where there are currently 132 active listings in 78748. The Keenan Group has completed 24 transactions in 78748 as part of 1,000+ career sales totaling $1B+ across Austin.
512 Shep ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
512 Shep ST is part of a managed community with HOA dues of $200 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$325,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.6% | — | $306,701 | — | — |
2024+14.5% | — | $396,496 | $200,000 | $135,649 |
2023+52.2% | — | $346,354 | $200,000 | $196,496 |
2022-0.9% | — | $227,500 | $200,000 | $146,354 |
2021 | — | $229,525 | $100,000 | $127,500 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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