Versatile, stylish, and income-producing — 500 Capitol Dr is a rare opportunity to own a beautifully remodeled property in one of the area's most established neighborhoods. Whether you're an investor looking to maximize rental income or a homeowner seeking help offsetting your mortgage, this residence delivers exceptional flexibility and long-term value.
A standout feature of this home is its incredible income-producing potential: the main house includes an attached studio with a private entrance — ideal for short- or long-term rentals — plus a separate detached unit that creates a second revenue stream. This setup offers the perfect blend of owner-occupancy and passive income in a location that’s always in demand.
Beyond its investment appeal, the home itself shines with thoughtful upgrades & quality finishes. A composition shingle roof & classic stone-and-siding exterior give it timeless curb appeal, while the neatly landscaped surroundings & two-car garage add everyday functionality.
Step inside to discover luxury vinyl plank flooring, fresh neutral tones, and an open-concept layout that feels both bright and inviting. The designer kitchen features stainless steel appliances, quartz countertops, a subway tile backsplash, and sleek white cabinetry — perfect for entertaining or everyday comfort.
Energy-efficient windows flood the home with natural light and frame views of the private, fenced backyard — a peaceful retreat complete with a covered patio, ideal for relaxing or hosting guests. Additional features include recessed lighting, ample storage, & smart home security for peace of mind.
The property sits on a mature, well-maintained lot with a manicured lawn and towering trees, offering a charming backdrop for outdoor living. Ideally located near parks, top-rated schools, and local shopping, 500 Capitol Dr balances quiet residential living with convenient urban access. Information provided by seller & to be independently verified by the purchaser.
1,136 Sq Ft
Single Family Home
$75 Annually Maintenance/CC
$980 Annual Tax
Built in 1938
MLS/Listing ID 2724689
1 Stories
Wood Frames
Main Level Primary
In Kitchen
Dishwasher
Gas Range
Refrigerator
Range Hood
Slab
Construction - Frame
Construction - Wood Siding
Exterior Steps
Privacy
Wood
Carpet
Linoleum
Tile
Cooling - Ceiling Fans
Interior Steps
Lot - Level
Lot - Moderate Trees
Lot - Large Trees
Covered
Front Porch
Composition
Listing Courtesy of EXP REALTY, LLC, KINAN BECK - 512-694-4777
Source of Data: AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE