$695,000

8503 Colony Loop Dr Austin, TX 78724

$8,253
Closing credit¹
0 beds
3,120 sqft
0.3 acres
$223 / sqft
Multi-Family

Property details

About 8503 Colony Loop Dr

Great corner lot within sight of the Travis County Expo Center, and less than a mile to the 203-acre Colony Park development project! With 3 of the four units at under market rents and the building and interiors in good condition this is an easy project to add value and cashflow for first-time investors and seasoned pros alike. Set up shorter rentals for major Expo events like the Austin Rodeo, or traditional annual leases at market rates to improve cashflow in the property.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,120 sqft
Lot size0.3075 Acres
Year built1984
ParkingOff Street
MLS #2900562
WaterfrontStream

Summary

  • MLS Number: 2900562
  • MLS Name: ACTRIS
  • Office Name: Front Page Realty
  • Office Phone: (512) 480-8518
  • Listing Agent: Jacob Rodrigues Pereira

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.


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: 4/18/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$695,000

8503 Colony Loop Dr

$8,253

closing credit¹

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Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$506,616$9,964
2023$557,337$9,964
2022$504,532$9,964
2021$417,728$6,445
2019$289,448$6,208
2018$252,886$4,031
2017$182,114$4,065

History based on county public records data.

Nearby schools

2

Overton Elementary School

Public District EE-5

0.7 mi

7201 Colony Loop Dr

3

Oak Meadows Elementary School

Public District KG-5

1.1 mi

5600 Decker Ln

2

Barbara Jordan Elementary School

Public District EE-5

1.3 mi

6711 Johnny Morris Rd

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 $31,602. Residents of Austin, TX typically earn less than $<35k each year. Most families are single, with kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

59%
<35k
34%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

32%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

28%
<11 yrs old
13%
12-17 yrs old
26%
18-34 yrs old
29%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 8503 Colony Loop Dr in Austin, TX and zip code 78724 in the Colony Park neighborhood. This 3,120 square foot home, which was built in 1984, sits on a 0.31 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $695,000.

In March 2025 more than 115 listings in Austin, TX were sold above the asking price. During the same period more than 139 listings were sold at asking price, while more than 529 were sold below. The number of homes for sale in Austin, TX increased by 28.6% between February and March 2025. In March 2025 median list price was $577,151 and the average listing age was 67 days.

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

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