$6,163 Closing Credit¹
#2335892, Justin Hroch, Listing Office: Dagwood Management, LLC
$500,000 List price
500 Capitol Dr Unit 1 Austin, TX 78753
$5,938
Closing credit¹
4 beds
3 full
1,136 sqft
$440 / sqft
House
Property details
About 500 Capitol Dr Unit 1
Versatile, stylish, and income-producing — 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value. A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance — ideal for short- or long-term rentals — plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that’s always in demand. Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality. Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry — perfect for entertaining or everyday comfort. Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard — a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind. The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,136 sqft
Year built1938
MLS #2724689
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
- Flooring Type: Carpet, Linoleum, Tile
- Interior: Ceiling Fan(s), Interior Steps, Main Level Primary
- Total Bedroom Count: 4
- Private Pool: No
- Parking: None
- Waterfront: None
- Exterior: Exterior Steps
- Heating: Central
- Cooling: Central Air
- List Price: $500,000
- Price/SqFt: $440
- HOA Amount: $6
- HOA Frequency: Annually
- Lot: Level, Trees
- Directions: Take N. Lamar from Hwy183, turn right on Deen Ave. after Dairy Queen on left, about 0.7 miles, go 0.3 miles then left on Georgian, 492 ft, then right on Florence, 0.1 mile turn left on East, 0.1 mile right on Capitol Ave. Property on the left.
- Year Built: 1938
- Stories: 1
- Living Area: 1,136 SqFt
- MLS Number: 2724689
- MLS Name: ACTRIS
- Office Name: eXp Realty, LLC
- Office Phone: (512) 694-4777
- Listing Agent: Kinan Beck
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/5/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$500,000
500 Capitol Dr Unit 1
$5,938
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Barrington Elementary School
Public District EE-5
0.4 mi
•400 Cooper Dr
7
Idea Rundberg Academy
Public Charter KG-5
0.5 mi
•9504 N Interstate 35
6
Guerrero Thompson Elementary School
Public District EE-5
0.6 mi
•102 E Rundberg Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,265. Most Austin, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
48%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 500 Capitol Dr Unit 1
The listing price of 500 Capitol Dr Unit 1 property is $500,000.
The property 500 Capitol Dr Unit 1 is a house located in Austin, Texas, 78753.
Active Listing: 500 Capitol Dr Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 500 Capitol Dr Unit 1 are: Barrington Elementary School (GreatSchools Rating 3/10), Idea Rundberg Academy (GreatSchools Rating 7/10), Guerrero Thompson Elementary School (GreatSchools Rating 6/10), Cedars International Academy (GreatSchools Rating 5/10), Harmony Science Academy - Austin (GreatSchools Rating 4/10), Dobie Middle School (GreatSchools Rating 1/10), Idea Rundberg College Preparatory (GreatSchools Rating 8/10), Navarro Early College High School (GreatSchools Rating 3/10), Graduation Preparatory Academy Navarro (GreatSchools Rating 1/10).
The property at 500 Capitol Dr Unit 1 has 4 bedrooms and 3 bathrooms.
The property 500 Capitol Dr Unit 1 is 1,136 SqFt (source: MLS/tax record).
The year of construction for 500 Capitol Dr Unit 1 is 1938.
This home is located at 500 Capitol Dr Unit 1 in Austin, TX and zip code 78753 in the Georgian Acres neighborhood. This 1,136 square foot home was built in 1938. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $500,000.
Austin, TX housing market in April 2025 saw over 136 listings sold above listed price, more than 135 sold at listed price and over 524 sold below. In April 2025 in Austin, TX there were 23.5% more homes for sale than in March. The median list price of listings available in April 2025 was $577,195, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.