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$3,375,000

503 Terrace Dr Austin, TX 78704

4 beds
4 full, 1 partial
3,200 sqft
0.1 acres
$1,055 / sqft
House

Property details

About 503 Terrace Dr

Very special brand new Tudor Revival house in Travis Heights, just a block from Big Stacy Park & Pool, 2 blocks from S Congress and a few minute drive from downtown Austin. The main house is loaded with designer finishes throughout the 3 bedrooms, 3 1/2 bathrooms, office and extra spaces & storage areas. When you first enter through the glass and steel front door, you are welcomed by a diamond-pattern tile floor with an open staircase & custom steel rail that curves & flows continuously up to the skylights on the 3rd floor. This stunning foyer leads to an archway into a bright open concept living area, featuring a chef’s kitchen with top notch appliances, including an 8 burner/double oven Wolf range, extra wide custom hood & Sub-Zero refrigerator. This gourmet kitchen is loaded with custom oak cabinets and tons of lower drawers, beautifully book-matched Grey Goose Marble backsplash & large kitchen island also topped with marble. The butler’s pantry featuring a double-drawer fridge and a custom filtered water filler built in the pantry wall for your coffee pot or drinking water. From the kitchen, through the dining area, you enter the romantic and cozy navy walled living room, with an 18th century hand-carved marble fireplace and custom navy chandelier. Two sets of sliding glass doors allow an unobstructed view into the backyard and seamlessly lead to the pool area and covered outdoor kitchen surrounded by decks and patios. The upper levels of the house also have the indoor/outdoor lifestyle with mulitple decks and views. The primary suite features two custom closets, gorgeous neutral-toned bathroom and deck overlooking the backyard. You’ll be charmed by the 1928 bungalow remodeled into a cabana/guest house complete with bedroom, living room, laundry closet, and a vintage bathroom with antique clawfoot tub. If you’re looking for something special in a great central quiet urban location with modern convenience and old world charm, this is your home!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,200 sqft
Lot size0.1475 Acres
Year builtNew Const., 2025
ParkingCarport, Driveway
MLS #4635349
FireplaceLiving Room
ViewCity, Neighborhood, Panoramic, Pool
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Double Oven, Gas Range, Microwave, Oven, Refrigerator, Range Hood, Wine Cooler
  • Flooring Type: Carpet Free, Parquet, Tile, Vinyl, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Entrance Foyer, Kitchen Island, Multiple Living Areas, Multiple Closets, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Storage, Soaking Tub, Wired for Data
  • Fireplace: Living Room
  • Total Bedroom Count: 4
  • Private Pool: Yes
  • Parking: Carport, Driveway
  • Waterfront: None
  • View: City, Neighborhood, Panoramic, Pool
  • Exterior: Balcony, Barbecue, Gas Grill, Private Yard, Rain Gutters
  • Heating: Central
  • Cooling: Central Air
  • List Price: $3,375,000
  • Price/SqFt: $1,054
  • Annual Tax Amount: $12,030
  • Tax Year: 2024
  • Lot: Back Yard, Private, Sprinklers
  • Directions: From Congress Ave Downtown, go down South Congress Ave. left on Annie St, right on Newning Ave, left on Terrace Dr, 503 Terrace Dr is 2nd house on right side. From I35, take Riverside exit, head West on Riverside, left on Travis Heights Blvd, right on Woodland Ave, Left on Eastside Dr, right on Terrace Dr, 503 Terrace Dr on left side just before Newning Ave.
  • Year Built: 2025
  • Living Area: 3,200 SqFt
  • Lot Size: 0.1475 Acres
  • MLS Number: 4635349
  • MLS Name: ACTRIS
  • Office Name: Keller Williams Realty
  • Office Phone: (512) 346-3550
  • Listing Agent: John Doucette

IDX 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.

IDX 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.

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Last updated on: 7/27/2025, 6:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$858,967$12,030
2023$970,958$12,030
2022$1,029,153$12,030
2021$628,423$11,580
2019$571,294$12,253
2018$520,383$10,473
2017$473,075$9,591

History based on county public records data.

Nearby schools

7

Travis Heights Elementary School

Public Charter EE-5

0.2 mi

2010 Alameda Dr

8

Becker Elementary School

Public District PK-5

0.9 mi

906 W Milton St

1

Dawson Elementary School

Public District EE-5

1.1 mi

3001 S 1st St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $135,833. Typical income of Austin, TX residents is between $100k-200k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

7%
<35k
23%
35k-100k
46%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
4%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
2%
12-17 yrs old
27%
18-34 yrs old
49%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 503 Terrace Dr

The listing price of 503 Terrace Dr property is $3,375,000.

The property 503 Terrace Dr is a house located in Austin, Texas, 78704.

Active Listing: 503 Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 503 Terrace Dr are: Travis Heights Elementary School (GreatSchools Rating 7/10), Becker Elementary School (GreatSchools Rating 8/10), Dawson Elementary School (GreatSchools Rating 1/10), Lively Middle School (GreatSchools Rating 3/10), Martin Middle School (GreatSchools Rating 2/10), Kealing Middle School (GreatSchools Rating 6/10), Phoenix Academy (GreatSchools Rating 1/10), Leadership Academy (GreatSchools Rating 1/10), Graduation Preparatory Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $12,030 (source: MLS/based on county public records data).

The property at 503 Terrace Dr has 4 bedrooms and 4 full and 1 half bathrooms.

The property 503 Terrace Dr is 3,200 SqFt (source: MLS/tax record).

The year of construction for 503 Terrace Dr is 2025.

This home is located at 503 Terrace Dr in Austin, TX and zip code 78704 in the Travis Heights / South River City neighborhood. This 3,200 square foot home, which was built in 2025, sits on a 0.15 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $3,375,000.

While more than 108 listings in Austin, TX in June 2025 were sold above asking price, there were more than 149 listings sold at asking price, and more than 635 were sold below. The number of listings in Austin, TX increased by 7.4% between May and June 2025. While the average time on the market in June 2025 was 51 days, the median list price was $575,928.

From Rocket Homes Real Estate and based on county public records data.

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