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503 Terrace DRAustin, TX 78704

For Sale

$3,375,000

Smart Buyer Rebate $33,750

Very special brand new Tudor Revival house in Travis Heights, just a block from Big Stacy Park & Pool, 2 blocks from S Congress and a few minute drive from downtown Austin. The main house is loaded with designer finishes throughout the 3 bedrooms, 3 1/2 bathrooms, office and extra spaces & storage areas. When you first enter through the glass and steel front door, you are welcomed by a diamond-pattern tile floor with an open staircase & custom steel rail that curves & flows continuously up to the skylights on the 3rd floor. This stunning foyer leads to an archway into a bright open concept living area, featuring a chef’s kitchen with top notch appliances, including an 8 burner/double oven Wolf range, extra wide custom hood & Sub-Zero refrigerator. This gourmet kitchen is loaded with custom oak cabinets and tons of lower drawers, beautifully book-matched Grey Goose Marble backsplash & large kitchen island also topped with marble. The butler’s pantry featuring a double-drawer fridge and a custom filtered water filler built in the pantry wall for your coffee pot or drinking water. From the kitchen, through the dining area, you enter the romantic and cozy navy walled living room, with an 18th century hand-carved marble fireplace and custom navy chandelier. Two sets of sliding glass doors allow an unobstructed view into the backyard and seamlessly lead to the pool area and covered outdoor kitchen surrounded by decks and patios. The upper levels of the house also have the indoor/outdoor lifestyle with mulitple decks and views. The primary suite features two custom closets, gorgeous neutral-toned bathroom and deck overlooking the backyard. You’ll be charmed by the 1928 bungalow remodeled into a cabana/guest house complete with bedroom, living room, laundry closet, and a vintage bathroom with antique clawfoot tub. If you’re looking for something special in a great central quiet urban location with modern convenience and old world charm, this is your home!

Listed by John Doucette

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License #620084

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Keller Williams Realty

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(512) 346-3550

Last updated August 30, 2025

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Source: ACTRIS #4635349

Listing Facts

  • TypeSingle-family
  • NeighborhoodTravis Heights
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu43
  • Taxes$43,024.31/year
  • Size3,205 sqft
  • Price per sqft$1,053

Amenities

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

Location

Mortgage Calculator

Listing History

07/26/2025
Listed by Keller Williams Realty
$3,375,000

Property Details for 503 Terrace DR

Association

Amenities

  • Community Features: Dog Park, Park, Pool

Exterior

Construction

  • New Construction: Yes
  • Property Condition: New Construction
  • Roof: Shingle
  • Window Features: Double Pane Windows, Screens
  • Year Built: 2025
  • Builder Name: Forsite Studio
  • Construction Materials: Hardi Plank Type, Blown-In Insulation, Spray Foam Insulation, Masonry – Partial, Stone, Stucco
  • Exterior Features: Balcony, Barbecue, Gas Grill, Gutters Full, Private Yard

Features

  • Direction Faces: North
  • Fencing: Back Yard, Fenced, Full, Gate, Privacy, Security, Wood
  • Other Structures: Cabana, Guest House, Outdoor Kitchen, Pool House
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • View: Downtown, Neighborhood, Panoramic, Pool

Measurements

  • Lot Features: Back Yard, Private, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,425

Financial

Taxes

  • Parcel Number: 03020201020000
  • Tax Annual Amount: $43,024.31
  • Tax Assessed Value: $2,170,956.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Gas Range, Microwave, Oven, Double Oven, RNGHD, Refrigerator, Wine Cooler
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: No Carpet, Parquet, Tile, Vinyl, Wood
  • Interior Features: Built-in Features, Ceiling Fan(s), Chandelier, Quartz Counters, Stone Counters, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, Entrance Foyer, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Storage, Washer Hookup, Wired For Data

Measurements

  • Living Area: 3,205
  • Living Area Source: Builder

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bedrooms: 1

Other

Environmental

  • Green Energy Efficient: See Remarks

Features

  • Accessibility Features: See Remarks

Location

  • Subdivision Name: Blue Bonnet Hills
  • Tax Block: 3
  • Tax Lot: 3

Parking

Parking

  • Parking Features: Carport, Driveway
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Travis Hts
  • Elementary School District: Austin ISD

High School

  • High School: Travis
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Travis
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet-Fiber, Natural Gas Connected
  • Water Source: Public

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.