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ActiveMLS #3266989

501 Drawbridge RD, Austin TX 78746

Austin, TX 78746 · Camelot

Single Family Residence for sale in Camelot

5Bedrooms
2Bathrooms
2,466Square Ft
5.67Acres
2Garage
1967Year Built
1 / 6
$3,900,000
3D tour

Overview

Property Description

Discover a truly exceptional opportunity to embrace expansive living and build your dream home on a remarkable 5.67-acres in Austin, Texas. This property offers a unique blend of privacy and convenience, providing a serene retreat from the bustling city while maintaining easy access to urban amenities. The generous acreage presents endless possibilities, from creating a personal oasis to exploring potential developmental ventures. Renovate the 1960s single story rock residence, built like a fort, or create something new. The home encompasses 2466 square feet of thoughtfully designed living space and is perfectly situated at the top of the lot. Nestled in a desirable Austin location, this property provides a canvas for crafting your ideal living environment. The vast outdoor space invites exploration and enjoyment, promising a harmonious balance with nature. Experience the tranquility and potential that this magnificent acreage provides, a rare find that combines spaciousness with a prime address.

Financial Info
Price
$3,900,000
$ / Sqft
$1582
HOA
None
Tax Rate
1.41%
Est. Taxes
$22,279
Tax Year
2026
Exemptions
None
Legal Info
Address
501 Drawbridge RD
County
Travis
City
Austin
State
TX
Zip
78746
Subdivision
Camelot
Legal Description
LOT 13 BLK A (5.67 ACR) CAMELOT (UNRECORDED)
Parcel
01152806110000
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Appliances
None
Laundry
In Hall, Laundry Closet
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
None, Security System, Aluminum Frames
General Info
Beds
5 Total / 5 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1967 / Tear Down
Square Feet
2,466 / Public Records
Garages
2
Garage Desc
Attached, Driveway, Garage
Foundation
Slab
Roof
Composition, Shingle
Construction
Masonry – All Sides
Acres
5.67
Lot Description
Private
Restrictions
Zoning
Flood Plain
No
View
See Remarks, Downtown, Hill Country, Panoramic
Water Access
No
Waterfront
No
Area
8W
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Septic Tank
Utilities
Electricity Connected, Water Connected
Heat
See Remarks, Central
A C
Other, Central Air
Exterior Features
Fence
None
Exterior Features
None
Pool On Property
No
Area Amenities
None

Rooms

Rooms4 rooms

Main level

  • Bedroom

    Walk-In Closet(s)

  • Bedroom

    Full Bath

  • Kitchen

    Kitchen adjacent to dining

    None

  • Living Room

    Fireplace and adjacent bedroom or office

Price history

Members only
Days on market
$3,900,000
List price
0
Price reductions
Active
Since May 30, 2026
Property history1 event
DateEventPriceChange
May 30, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Eanes ISD
Elementary
Forest Trail
Middle
West Ridge
High
Westlake

Maps

Financing

Your preferences

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

Saved on this device

List price $3,900,000
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

$24,828 / mo

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

Estimated monthly payment $24,828

Principal & interest
$19,721
Property taxes
$1,857
Homeowners insurance
$3,250

*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$3,120,000$34,873$201,773$3,085,127
2$3,085,127$37,209$199,438$3,047,918
3$3,047,918$39,700$196,946$3,008,218
4$3,008,218$42,359$194,287$2,965,859
5$2,965,859$45,196$191,450$2,920,662
6$2,920,662$48,223$188,423$2,872,439
7$2,872,439$51,453$185,194$2,820,987
8$2,820,987$54,898$181,748$2,766,088
9$2,766,088$58,575$178,071$2,707,513
10$2,707,513$62,498$174,148$2,645,015
  • Year 1$3,085,127
    Principal paid
    $34,873
    Interest paid
    $201,773
    Starting balance
    $3,120,000
  • Year 2$3,047,918
    Principal paid
    $37,209
    Interest paid
    $199,438
    Starting balance
    $3,085,127
  • Year 3$3,008,218
    Principal paid
    $39,700
    Interest paid
    $196,946
    Starting balance
    $3,047,918
  • Year 4$2,965,859
    Principal paid
    $42,359
    Interest paid
    $194,287
    Starting balance
    $3,008,218
  • Year 5$2,920,662
    Principal paid
    $45,196
    Interest paid
    $191,450
    Starting balance
    $2,965,859
  • Year 6$2,872,439
    Principal paid
    $48,223
    Interest paid
    $188,423
    Starting balance
    $2,920,662
  • Year 7$2,820,987
    Principal paid
    $51,453
    Interest paid
    $185,194
    Starting balance
    $2,872,439
  • Year 8$2,766,088
    Principal paid
    $54,898
    Interest paid
    $181,748
    Starting balance
    $2,820,987
  • Year 9$2,707,513
    Principal paid
    $58,575
    Interest paid
    $178,071
    Starting balance
    $2,766,088
  • Year 10$2,645,015
    Principal paid
    $62,498
    Interest paid
    $174,148
    Starting balance
    $2,707,513
First 10 of 30 years

Nearby

Courtesy of Allure Real Estate · (512) 518-0008

Listings courtesy of ACTRIS as distributed by MLS GRID.