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ActiveMLS #9864908

500 Terrace DR, Austin TX 78704

Austin, TX 78704 · Blue Bonnet Hills

Single Family Residence for sale in Blue Bonnet Hills

4Bedrooms
4 full / 1 halfBathrooms
4,004Square Ft
0.17Acres
0Garage
2011Year Built
New
1 / 40
$2,799,000
3D tour

Overview

Property Description

4,004 total sq ft per approved plans: main home 3,380 (3 levels) plus a 624 sq ft detached ADU. A few blocks off South Congress on a 0.17-acre corner lot in Travis Heights, with downtown skyline views from the upper floors. Jo's, Home Slice, Perla's, June's, Hotel San José, and the Continental Club are a short walk up the street, and South First (Elizabeth Street Café, Lenoir, Bouldin Creek Café) is an easy walk beyond. Little Stacy Park and the Blunn Creek trail are steps away, Big Stacy's spring-fed pool a short walk beyond. The main home was completed in 2026 and everything inside is new: wide-plank floors, cabinetry, Level 5 walls. Interior walls came out to open the plan, with beam work by a licensed structural engineer. A floor-to-ceiling fireplace wall anchors the living room, which opens to a kitchen built around a 48-inch pro range with double ovens and a pot filler, a waterfall quartz island seating five under three glass pendants, walnut-tone flat-panel cabinets, and a glass door to the lawn. Vaulted dining room, separate study. 4 bed, 3.5 bath in the main home. Primary suite: treetop windows on two walls, freestanding tub against a fluted wood-tone tile wall, open wet room with a rain head, double walnut vanity with backlit mirrors, walk-in closets with built-ins. The third floor is its own suite: vaulted bedroom, glass door to a private covered deck, full bath with a deep-blue tiled shower. Rooftop balcony off the front. A limestone colonnade leads to the ADU, a permitted second dwelling with its own CO, HVAC, and water heater: full kitchen with island, full bath, living area, and a spiral stair to a finished loft (not in the sq ft). New steel carport, gated drive, big side and back lawn. All work done under two City of Austin permits with licensed trades, every inspection passed, 2026 COs on both structures. Permits, plans, and COs available. Select bedrooms virtually staged.

Financial Info
Price
$2,799,000
$ / Sqft
$699
HOA
None
Tax Rate
2.04%
Est. Taxes
$28,992
Tax Year
2026
Exemptions
None
Legal Info
Address
500 Terrace DR
County
Travis
City
Austin
State
TX
Zip
78704
Subdivision
Blue Bonnet Hills
Legal Description
LOT 2 BLK 4 BLUE BONNET HILLS
Parcel
03020202230000
Interior Features
Floor
Tile, Wood
Num Living
2
Dining
2
Kitchen
Breakfast Bar, Kitchen Island
Appliances
Built-In Gas Range, Built-In Oven(s), Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, Refrigerator
Laundry
Laundry Room, Main Level
Master Bed
2 Primary Baths, Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Living Room
Interior Features
2 Primary Baths, 2 Primary Suites, Breakfast Bar, Ceiling Fan(s), Double Vanity, Gas Dryer Hookup, High Speed Internet, Interior Steps, Kitchen Island, Smart Thermostat, Storage, Walk-In Closet(s), Washer Hookup, Carbon Monoxide Detector(s), Fire Alarm, Double Pane Windows, Screens
General Info
Beds
4 Total / 4 Other Level
Full / Half Baths
4 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
3
Year Built
2011 / Updated/Remodeled
Square Feet
4,004 / Plans
Garage Desc
Carport, Driveway
Foundation
Slab
Roof
Metal
Construction
Blown-In Insulation, Spray Foam Insulation, Masonry – All Sides, Stone, Stucco
Acres
0.17
Lot Description
Corner Lot, Front Yard, Private, Sprinkler - Automatic, Trees-Small (Under 20 Ft), Views
Restrictions
City Restrictions, Zoning
Flood Plain
No
View
Downtown, Neighborhood, Skyline
Water Access
No
Waterfront
No
Area
6
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Heat
Electric, Fireplace(s), Forced Air
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard, Fenced, Front Yard, Full, Privacy, Wood
Exterior Features
Balcony, Gutters Full, Private Yard, Deck, Front Porch
Pool On Property
No
Area Amenities
Dog Park, Park, Picnic Area

Price history

Days on market
$2,799,000
List price
0
Price reductions
Active
Since Oct 29, 2026
Property history1 event
DateEventPriceChange
Oct 29, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 283345

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$1,416,662$1,464.83
AUSTIN ISD0.925200$1,416,662$13,106.96
CITY OF AUSTIN0.524017$1,416,662$7,423.55
TRAVIS COUNTY0.375845$1,416,662$5,324.45
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$1,416,662$1,671.99
Ordinary property tax estimate2.046485$28,991.78

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025—2.046485$26,527.68
2024—1.981814$20,783.80
2023—1.809247$19,185.77
2022—1.974923$20,953.37
2021—2.176679$22,442.37
2020—2.226665$21,431.84

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Schools

School Info
District
Austin ISD
Elementary
Travis Hts
Middle
Lively
High
Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $2,799,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$18,902 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $18,902

Principal & interest
$14,153
Property taxes
$2,416
Homeowners insurance
$2,333

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$2,239,200$25,028$144,811$2,214,172
2$2,214,172$26,704$143,135$2,187,468
3$2,187,468$28,493$141,346$2,158,975
4$2,158,975$30,401$139,438$2,128,574
5$2,128,574$32,437$137,402$2,096,137
6$2,096,137$34,609$135,230$2,061,528
7$2,061,528$36,927$132,912$2,024,601
8$2,024,601$39,400$130,439$1,985,200
9$1,985,200$42,039$127,800$1,943,161
10$1,943,161$44,854$124,985$1,898,307
  • Year 1$2,214,172
    Principal paid
    $25,028
    Interest paid
    $144,811
    Starting balance
    $2,239,200
  • Year 2$2,187,468
    Principal paid
    $26,704
    Interest paid
    $143,135
    Starting balance
    $2,214,172
  • Year 3$2,158,975
    Principal paid
    $28,493
    Interest paid
    $141,346
    Starting balance
    $2,187,468
  • Year 4$2,128,574
    Principal paid
    $30,401
    Interest paid
    $139,438
    Starting balance
    $2,158,975
  • Year 5$2,096,137
    Principal paid
    $32,437
    Interest paid
    $137,402
    Starting balance
    $2,128,574
  • Year 6$2,061,528
    Principal paid
    $34,609
    Interest paid
    $135,230
    Starting balance
    $2,096,137
  • Year 7$2,024,601
    Principal paid
    $36,927
    Interest paid
    $132,912
    Starting balance
    $2,061,528
  • Year 8$1,985,200
    Principal paid
    $39,400
    Interest paid
    $130,439
    Starting balance
    $2,024,601
  • Year 9$1,943,161
    Principal paid
    $42,039
    Interest paid
    $127,800
    Starting balance
    $1,985,200
  • Year 10$1,898,307
    Principal paid
    $44,854
    Interest paid
    $124,985
    Starting balance
    $1,943,161
First 10 of 30 years

Nearby

Courtesy of Volt Realty · (512) 351-0823

Listings courtesy of ACTRIS as distributed by MLS GRID.