See Home Value
$3,275,000
● House - Off Market

503 Terrace DR

Austin, TX 78704
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,205 Ft²
$19,667
Est. Monthly

About This Property

Very special new Tudor Revival house in Travis Heights, just a block to Big Stacy Park & Pool, 2 blocks to S Congress & 5 minute drive to downtown Austin. The main house is loaded with charming details, with 3 beds, 3 1/2 baths, office & deck spaces & storage areas. Entering through the glass & steel front door, into foyer with black & white tile floor with an open staircase & custom steel rail curving continuously up to 3rd floor skylights. This stunning foyer leads to an archway into a bright open concept living area. 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 with custom oak cabinets and tons of lower drawers, beautifully book-matched Grey Goose Marble backsplash & large kitchen island also topped with same marble. Butler's pantry with a double-drawer fridge and a custom filtered water filler built in the pantry wall for your coffee pot or drinking water. Through the dining area, you enter the romantic and cozy navy-coated living room, with a brilliant 18th century hand-carved marble fireplace and custom navy chandelier.  Two sets of sliding glass doors allow views into the backyard and seamlessly lead to the pool area and covered outdoor kitchen & guest house. Upper levels of main house also enjoy indoor/outdoor lifestyle with 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 as a guest house with bedroom, living room, laundry closet, and a vintage bathroom with original antique clawfoot tub. If you're looking for something special in a great central quiet urban location with modern & old World charm, this is your home!
Unit Size
3,205 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$1,022
Property Type
House
Property Taxes
$3,585
HOA Dues
-
Year Built
1928

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Last updated: 9 months ago (Unlock MLS #ACT1160406)

Price History

Date / Event Date Event Price
Dec 29, 2025 In contract -
In contract
Nov 26, 2025 Price Increased $3,275,000
↑ $2M (272.2%)
Price Increased
Nov 15, 2025 Withdrawn -
Withdrawn
Nov 14, 2025 Listed by Keller Williams Realty $880,000
Listed by Keller Williams Realty
Oct 11, 2025 Price Decreased $3,275,000
↓ $50K (1.5%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 96
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,425
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 868
  • Gross Building Area: 868
  • Building Area: 772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE BONNET HILLS
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 3 BLK 3 BLUE BONNET HILLS

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 001401

Geography

  • Assessors Map Reference: 0302020102
  • Account Number: 283304
  • Parcel: 283304
  • Block: 3
  • Lot: 3
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2425
  • Longitude: -97.7483

    Address

  • Full Address: 503 Terrace Dr
  • Address - House Number: 503
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C004
  • 4-Digit Zip Code: 4342
  • Zip Code: 78704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,203,039
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 987,552
  • High Value: 1,214,532
  • Low Value: 760,571

    Market Valuation

  • Market Total Value: $970,958
  • Market Land Value: $800,000
  • Market Improvement Value: $170,958

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $970,958
  • Assessed Land Value: $800,000
  • Assessed Improvements Value: $170,958

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 80874
  • Previous Sale Recording Date: May 04, 2011
  • Previous Sale Contract Date: May 03, 2011
  • Previous Sale Amount: $295,600
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater South River City


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Frequently Asked Questions

When was property at 503 Terrace Drive built and last sold?
The property at 503 Terrace Drive was built in 1928 and last sold on May 3, 2022 for $2,288,992.
How much is this home worth?
The estimated value of the home located at 503 Terrace Drive is $0.
What are some comparable homes to 503 Terrace Drive?
There are currently no comparable homes to 503 Terrace Drive.