Property Overview

This 6-year-old single-family home at 506 Powell CIR in Austin, TX 78704 is listed at $1,699,000. The home features 3 bedrooms, 4 bathrooms, 2,432 square feet of living space. It sits on a 6,708.24 sqft lot. Built in 2020. The price works out to $699 per square foot. This home has been on the market for 128 days.

Agent Description

Turn key investment opportunity in the heart of Austin! A 2-year lease starts 12/15/25 with 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.

Property Details

Listing data last updated: March 25, 2026

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