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501 Drawbridge RDAustin, TX 78746

For Sale

$3,900,000

Smart Buyer Rebate $39,000

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.

Listed by Briana Miriani

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License #542821

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Allure Real Estate

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(512) 518-0008

Last updated June 10, 2026

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Source: ACTRIS #3266989

Listing Facts

  • TypeSingle-family
  • NeighborhoodLost Creek
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu16
  • Taxes$23,101.06/year
  • Size2,466 sqft
  • Price per sqft$1,582

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/30/2026
Listed by Allure Real Estate
$3,900,000

Property Details for 501 Drawbridge RD

Exterior

Construction

  • Property Condition: Tear Down
  • Roof: Composition, Shingle
  • Window Features: Aluminum Frames
  • Year Built: 1967
  • Construction Materials: Masonry – All Sides

Features

  • Direction Faces: NW
  • View: See Remarks, Downtown, Hill Country, Panoramic

Measurements

  • Lot Features: Private
  • Lot Size Acres: 5.67
  • Lot Size Area: 5
  • Lot Size Square Feet: 246,985

Financial

Taxes

  • Parcel Number: 01152806110000
  • Tax Annual Amount: $23,101.06
  • Tax Assessed Value: $1,524,863.00
  • Tax Year: 2026

Interior

Features

  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Tile

Measurements

  • Living Area: 2,466
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Main Level Bedrooms: 5

Other

Location

  • Subdivision Name: Camelot
  • Tax Block: A
  • Tax Lot: 13

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Forest Trail
  • Elementary School District: Eanes ISD

High School

  • High School: Westlake
  • High School District: Eanes ISD

Middle or Junior School

  • Middle Or Junior School: West Ridge
  • Middle Or Junior School District: Eanes ISD

Utilities

Equipment

  • Cooling: Other, Central Air
  • Heating: See Remarks, Central
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Municipal Utility District (MUD)

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 2 bathrooms in this single-family home at 501 Drawbridge RD.

What schools are nearby to 501 Drawbridge RD?

Nearby schools include the Forest Trail Elementary School, West Ridge Middle School, and Westlake High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 501 Drawbridge RD.

What are the annual taxes for 501 Drawbridge RD?

Annual taxes for this single-family home are estimated at $23,101.

How does 501 Drawbridge RD compare to other single-family homes in Lost Creek?

This single-family home is listed 77% above the average price for single-family homes in Lost Creek and has been on the market for 32 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,466 sqft.

501 Drawbridge RD is a 5-bedroom, 2-bath single-family home for sale in Austin TX 78746. On Prevu for 16 days at $3,900,000. This property features 2,466 square feet of living space, located in Lost Creek. The median listing price for single-family homes in this area is $1,600,000. Nearby schools include Forest Trail Elementary School, West Ridge Middle School, and Westlake High School. The home offers private outdoor space, air conditioning, parking, and swimming pool. Browse more single-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.