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506 South Park DR 1Austin, TX 78704

For Sale

$750,000

Smart Buyer Rebate $7,500

Chic modern living right in the true heart of South Austin! Newly built in 2020, this contemporary gem is tucked away in the well-established Dawson neighborhood - walkable to coffee, pizza, parks, and the local elementary school, with Downtown, SoCo, Barton Springs, and Lady Bird Lake all just 5 mins away. If you want the Downtown Austin lifestyle in a charming neighborhood setting, this is the sweet spot.
Set on a divided lot, the home lives totally private: stand alone, no HOA fees, its own two-car garage, gated front entry, and a fully fenced backyard. Inside, everything is clean, current, and move-in ready. The main level is made for hosting and hanging out, with an open layout that flows from living to the dining area and a kitchen that actually delivers - oversized island, quartz counters, custom cabinetry, designer tile, and high-end stainless appliances that look as good as they work. There's even a private office nook with a sliding barn door.

Upstairs you will find the luxurious primary suite plus two spacious guest bedrooms that share a deluxe ensuite bath. The details deliver: tall ceilings, polished concrete downstairs, warm wood floors upstairs, vaulted bedrooms, and recessed lighting. Bathrooms are thoughtfully designed with glass enclosed walk-in showers, a sculptural soaking tub in the guest bath, and a stylish main floor powder room for guests. Second-floor laundry and Google Fiber keep life efficient.

Out back, the fenced yard and covered porch are perfect for morning coffee, weekend hangs, pets, or low-key entertaining. The surrounding streets are ideal for evening walks, and the nearby school offers a playground and walking loop. Easy access to Ben White, 290/71, and all the essentials – the new SoCo H-E-B, Central Market, Wheatsville, Target, and more.

If you’re looking for modern design, real privacy, and one of the best near-downtown neighborhoods in Austin, then come take a tour today. Your dream home awaits!

Listed by Albert Allen

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License #656409

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Compass RE Texas, LLC

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(512) 589-9776

Last updated January 17, 2026

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Source: ACTRIS #6482934

Listing Facts

  • TypeSingle-family
  • NeighborhoodDawson
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu45
  • Taxes$15,430/year
  • Size1,433 sqft
  • Price per sqft$523

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

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Listing History

12/16/2025
Listed by Compass RE Texas, LLC
$750,000

Property Details for 506 South Park DR 1

Association

Amenities

  • Community Features: Curbs, Google Fiber, Park, Playground

Fees

  • Association Fee Includes: See Remarks

General

  • Association Name: 506 South Park

Exterior

Construction

  • Property Condition: Resale
  • Roof: Composition
  • Window Features: Window Treatments
  • Year Built: 2020
  • Construction Materials: Hardi Plank Type
  • Exterior Features: Gutters Full, Private Yard

Features

  • Direction Faces: SW
  • Fencing: Back Yard, Fenced, Front Yard, Gate, Privacy, Wood
  • Patio And Porch Features: Patio
  • View: Neighborhood

Measurements

  • Lot Features: Back Yard, Curbs, Front Yard, Interior Lot, Landscaped, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size Acres: 0.08
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,602

Financial

Taxes

  • Parcel Number: 506SouthPark1
  • Tax Annual Amount: $15,430.00
  • Tax Assessed Value: $778,593.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater, Tankless Water Heater
  • Flooring: Concrete, Tile, Wood
  • Interior Features: Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, High Speed Internet, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Stackable W/D Connections, Washer Hookup

Measurements

  • Living Area: 1,433
  • Living Area Source: Builder

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3

Other

Environmental

  • Green Energy Efficient: See Remarks

Location

  • Subdivision Name: Dawson Neighborhood
  • Tax Block: -
  • Tax Lot: -

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: See Remarks, Attached, Door-Single, Driveway, Garage Door Opener, Garage Faces Front
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Dawson
  • Elementary School District: Austin ISD

High School

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

Middle or Junior School

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

Utilities

Equipment

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

Frequently Asked Questions

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

There are 3 bedrooms and 3 bathrooms in this single-family home at 506 South Park DR 1.

What schools are nearby to 506 South Park DR 1?

Nearby schools include the Dawson Elementary School, Lively Middle School, and Travis High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 506 South Park DR 1.

What are the annual taxes for 506 South Park DR 1?

Annual taxes for this single-family home are estimated at $15,430.

How does 506 South Park DR 1 compare to other single-family homes in Dawson?

This single-family home is listed 34% below the average price for single-family homes in Dawson and has been on the market for 7 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the 506 South Park home owners association.

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

According to the MLS, this listing is 1,433 sqft.

506 South Park DR 1 is a 3-bedroom, 3-bath single-family home for sale in Austin TX 78704. Available on Prevu for 45 days at $750,000. This home features 1,433 square feet of living space, located in Dawson. The median listing price for single-family homes in this area is $895,000. Nearby schools include Dawson Elementary School, Lively Middle School, and Travis High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, swimming pool, and washer/dryer. Explore 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.