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500 W 55th 1/2 ST

$995,000 500 W 55th 1/2 ST, Austin, TX 78751
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.
  • For Sale
    Status
  • 6
    Bedrooms
  • 5
    Bathrooms
  • 2013
    Year Built
  • 2,814 Sq.Ft.
    Living Area
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Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,814 Sq.Ft.
  • Lot Size: 6,978.31 Sq.Ft.
  • MLS® ID: 3924208
  • Type: Residential
  • Year Built: 2013
  • Water Frontage: None
  • View Description: Neighborhood
  • Elementary School:Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • School District: Austin ISD

Interior

  • Total Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Flooring: Concrete, No Carpet, Tile, Vinyl
  • Appliances: See Remarks, Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
  • Other Interior Features: 2 Primary Suites, Ceiling Fan(s), High Ceilings, Granite Counters, Crown Molding, Double Vanity, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Recessed Lighting, Storage, Washer Hookup

Exterior & Building

  • Stories: 2
  • Garage Space: 2.0
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Internet-Fiber, Natural Gas Available, Sewer Connected, Water Connected
  • Pool: None
  • Roof: Composition
  • Lot Features: Back Yard, Curbs, Interior Lot, Near Public Transit, Trees-Medium (20 Ft - 40 Ft), Xeriscape
  • Parking: Additional Parking, Asphalt, Driveway, Garage, Garage Door Opener, Garage Faces Front, Outside, Parking Pad, Side By Side, Tandem
  • Heat Type: See Remarks, Central, Natural Gas
  • Air Conditioning: Ceiling Fan(s), Central Air, Electric, Multi Units
  • Sewer: Public Sewer
  • Substructure: Slab
  • Disability Features: None
  • Other Exterior Features: Balcony, Gutters Full, Lighting, Private Yard

Financial

  • Sales Price: $995,000
  • Real Estate Tax: $21,405/yr
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500 W 55th 1/2 ST

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