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500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
500 W 55th 1/2 ST
VIEW PHOTOS
$1,100,000

500 W 55th 1/2 ST

6 Beds 5 Baths 2,814 Sq.Ft.

Description

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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Location

500 W 55th 1/2 ST, Austin, TX 78751

Status

For Sale
John Richardson

John Richardson

TITLE

REALTOR®

Property Amenities

Interior
Appliances See Remarks, Dishwasher, Disposal, Microwave, Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Gas Water Heater
Flooring Concrete, No Carpet, Tile, Vinyl
Total Bedrooms: 6
Half Bathrooms: 2
Full Bathrooms: 3
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
Area & Lot
Lot Area 6,978.31 Sq.Ft.
Living area 2,814 Sq.Ft.
MLS® ID 3924208
Year Built 2013
School District Austin ISD
High School McCallum
Middle School Lamar (Austin ISD)
Elementary School Reilly
Water Frontage None
View Description Neighborhood
Type Residential
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Ceiling Fan(s), Central Air, Electric, Multi Units
Heat type See Remarks, Central, Natural Gas
Disability Features None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Other Exterior Features Balcony, Gutters Full, Lighting, Private Yard
Parking Additional Parking, Asphalt, Driveway, Garage, Garage Door Opener, Garage Faces Front, Outside, Parking Pad, Side By Side, Tandem
Lot Features Back Yard, Curbs, Interior Lot, Near Public Transit, Trees-Medium (20 Ft - 40 Ft), Xeriscape
Roof Composition
Utilities Cable Available, Electricity Available, Internet-Fiber, Natural Gas Available, Sewer Connected, Water Connected
Finance
Sales Price $1,100,000
Real Estate Tax $21,405 yearly

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Work With John

Real Estate is a highly sensitive and potentially emotional subject for many and John understands the need to work diligently and delicately for his clients. He holds their hands through the entire process giving them the confidence to make sound decisions. Whether you are buying, selling, or investing John believes it is crucial to align yourself with a savvy agent.