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Crystal Olenbush

512-344-6000
  • 506 Powell Circle

  • $1,699,000 REDUCED
  • 3 Beds, 4 Bath, 2432 SQ. Feet, 0.15 Acres Residential Austin, TX 78704

Turn key investment opportunity in the heart of Austin! Turn key investment opportunity in the heart of Austin! Home is leased through December 2027 to tenants - providing immediate and reliable income from day one. This modern 3-bed, 4-bath home blends contemporary design, functionality, and comfort just minutes from downtown, dining, and entertainment. Inside, you’ll find an open floor plan with high ceilings, large windows, and designer finishes that create a bright, inviting atmosphere. The kitchen features sleek cabinetry, stainless steel appliances, and a large island connecting seamlessly to the living and dining spaces—perfect for entertaining or relaxed daily living. Each bedroom includes its own bath, offering privacy and convenience for residents or guests. The home’s outdoor spaces elevate the lifestyle even further, with a private backyard retreat featuring a sparkling pool, spacious deck, and shaded sitting area under mature trees. A covered carport provides convenient parking and ties into the home’s clean, modern curb appeal. With its prime location near downtown Austin and stable long-term lease already secured, this property offers both immediate returns and long-term growth potential—a turnkey investment opportunity that’s ready to perform.

View More Properties in the 78704 Zip Code. View More Properties in the Austin School District.

Essential Information

  • MLS® #6752865
  • Price$1,699,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage2,432
  • Acres0.15
  • Year Built2020
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address506 Powell Circle
  • SubdivisionSouth Park Sec 01
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78704

Amenities

  • FeaturesNone
  • ParkingCarport, Gated, Off Street
  • ViewNone
  • WaterfrontNone
  • Has PoolYes

Utilities

Electricity Available, Natural Gas Available

Interior

  • InteriorConcrete, Wood
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Disposal, Microwave, Stainless Steel Appliance(s)

Exterior

  • Exterior FeaturesNone
  • WindowsNone
  • RoofComposition, Membrane
  • ConstructionHardiPlank Type
  • FoundationSlab

Lot Description

Sprinklers Automatic, Sprinklers In Ground, Trees Large Size, Trees Medium Size

School Information

  • DistrictAustin ISD
  • ElementaryDawson
  • MiddleLively
  • HighTravis

Map & Directions

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Price Change History for 506 Powell Circle, Austin, TX (MLS® #6752865)

Date Details Price Change
Price Reduced (from $1,750,000) $1,699,000 $51,000 (2.91%)

Property Listed by: Pinnacle Realty Advisors

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 June 15th, 2026 at 7:19pm 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.