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Crystal Olenbush

512-344-6000
  • 2503 Lehigh Drive

  • $499,000 REDUCED
  • 3 Beds, 2 Bath, 1378 SQ. Feet, 0.40 Acres Residential Austin, TX 78723

Golden opportunity for investors and visionaries to transform this property into a luxury masterpiece! This potential remodel presents a 5-bedroom, 3-bathroom home offering 2,696 SQFT of living space with a pool, all set on an expansive 0.4-acre lot in a highly desirable location just minutes from Downtown Austin. Built in 2005, this home is packed with potential, boasting solid bones and a massive covered porch—an ideal space for conversion or enhancement to elevate its value and appeal. The seller is including a comprehensive package of architectural and structural plans for a high-end remodel, complete with meticulously curated designer finishes, offering a seamless path to creating a show-stopping property. With After Repair Values (ARVs) in this sought-after area reaching upwards of $950K, this property promises substantial profit potential and flexibility for creative visionaries. Whether your goal is to expand, modernize, or reimagine the space as a luxury haven, this home provides the canvas to make it happen. Rare opportunities like this, in such a prime location, are hard to come by. Don't miss out—contact the agent today for access to plans, bids, and the full potential this property has to offer. This is your chance to capitalize on one of Austin’s hottest markets and turn a vision into reality!

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Essential Information

  • MLS® #2680642
  • Price$499,000
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,378
  • Acres0.40
  • Year Built2005
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address2503 Lehigh Drive
  • SubdivisionUniversity Hills Sec 02 Ph 05
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78723

Amenities

  • UtilitiesSee Remarks
  • FeaturesSee Remarks
  • ParkingSee Remarks
  • # of Garages2
  • WaterfrontSee Remarks

Interior

  • InteriorSee Remarks
  • AppliancesWine Cooler, Washer
  • HeatingSee Remarks
  • CoolingSee Remarks
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesSee Remarks
  • # of Stories1
  • StoriesOne

Exterior

  • Exterior FeaturesSee Remarks
  • Lot DescriptionSee Remarks
  • WindowsSee Remarks
  • RoofSee Remarks
  • ConstructionSee Remarks
  • FoundationSlab

School Information

  • DistrictAustin ISD
  • ElementaryAndrews
  • MiddleWebb
  • HighLyndon B Johnson (Austin ISD)

Map & Directions

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Price Change History for 2503 Lehigh Drive, Austin, TX (MLS® #2680642)

Date Details Price Change
Price Reduced (from $525,000) $499,000 $26,000 (4.95%)

Property Listed by: Compass Re Texas, Llc

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from March 25th, 2025 at 5:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.