1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

500 W 55th 1/2 St 
Austin, TX 78751

$1,100,000

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In the heart of North Loop, one of Central Austin’s most vibrant neighborhoods, this property offers a rare opportunity that works just as well for investors as it does for someone looking to make it home. The location is the real draw, it’s extremely walkable, right on the bus line, and just minutes from Downtown, UT, and some of Austin’s most beloved shops and restaurants. From Epoch Coffee and Double Trouble to Nervous Charlie’s, Titaya, Foreign & Domestic, and More! The best of local dining and culture is just outside your door. The property includes two residences. The main home features an open living, dining, and kitchen space with a half bath on the first floor. Upstairs you’ll find four equal bedrooms and two full baths. This home also comes with four dedicated parking spots. The back house has its own open kitchen and living area with a half bath on the main level, plus two bedrooms and a full bath upstairs. Outside, it offers a private fenced yard and a two-car garage for secure parking. Both homes feature flex spaces for multiple use, stained concrete floors downstairs, wood-look flooring up, and no carpet. Each comes equipped with a washer/dryer, refrigerator, range, microwave, and dishwasher, that convey. Currently leased through July 2026, the property has a strong rental history with consistent occupancy and no breaks between tenants. Investors will appreciate the proven demand and proximity to UT shuttle and city bus routes. For an owner-occupant, the flexibility is unbeatable, live in one and rent the other, or create your own multi-home retreat right in the city. North Loop is known for its energy, character, and unbeatable central location. This property offers a rare mix of proven investment potential with consistent demand and a location that makes everyday living effortless. Whether you’re looking for your own private compound or to expand your portfolio, it’s an opportunity that stands out in the heart of North Loop.
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Bedrooms
6
Baths
4
House Size
2,814 sqft
Year Built
2013
Lot Size
0.16 ac
School District
Austin ISD

Location

Market Insights

In the last 30 days, homes for sale in North Loop, Austin, TX were on the market for a median of 72 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Microwave
Gas Oven
Free-standing Gas Range
Free-standing Refrigerator
Stainless Steel Appliance(s)
Water Heater
cooling
Ceiling Fan(s)
Central Air
Electric
Multi Units
features
Ceiling Fan(s)
High Ceilings
Granite Counters
Crown Molding
Double Vanity
Eat-in Kitchen
High Speed Internet
In-law Floorplan
Open Floorplan
Recessed Lighting
Storage
flooring
Concrete
Tile
Vinyl
heating
See Remarks
Central
Natural Gas
laundry features
Laundry Room
Main Level
See Remarks
Laundry Closet
view
Neighborhood
window features
Blinds

Exterior Information

features
Balcony
Lighting
Private Yard
fence
See Remarks
Back Yard
Gate
Wood
patio and porch
Deck
pool
None
roof
Composition

Property Information

community
Curbs
construction
Hardiplank Type
Board & Batten Siding
Stone Veneer
foundation
Slab
lot
Back Yard
Interior Lot
Near Public Transit
other structures
Second Residence
parking
Additional Parking
Asphalt
Driveway
Garage
Garage Door Opener
Garage Faces Front
Outside
Parking Pad
Side By Side
Tandem
security features
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Northfield Annex 02
utilities
Cable Available
Electricity Available
Natural Gas Available
Sewer Connected
Water Connected
water source
Public
  • Listed By John Richardson
  • (512) 529-5476
  • Compass RE Texas, LLC
  • (512) 575-3644
  • MLS 3924208

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$21,844 (-6.8%)$360,000$742,237$1,102,237 (-8.9%)
2023$23,435 (0%)$360,000$850,213$1,210,213 (+2%)
2022$23,435 (+26.8%)$360,000$826,636$1,186,636 (+39.8%)
2021$18,480$220,000$629,000$849,000

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$7,916

30 year fixed·6.9% interest rate
Principal & Interest
$5,796
Property Taxes
$1,820
Home Insurance
$300
HOA Fees
$0
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