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512 Shep St, Austin, TX, 78748

2beds
2baths
1,090sqft
$305,000
$280price/sqft
$2,441/moest. monthly cost
$97,640/yrincome needed

About This Home

Welcome to this inviting single-family home in a quiet, established neighborhood just moments from everything South Austin has to offer. Built in 1997, this 1,090 sq ft gem features two spacious bedrooms, two full bathrooms, and a one-car garage—perfect for first-time buyers, downsizers, or savvy investors looking for a great opportunity at this price point. Step inside to a functional and comfortable layout ready for your personal touch. The highlight of the home is the covered back porch overlooking a large, fully fenced backyard bursting with potential. Whether you envision a lush garden, outdoor entertaining space, play area, or even future expansion, this private yard is a rare find within the city. Location is everything, and this home delivers. Situated in the desirable 78748 zip code, it’s just minutes from SouthPark Meadows, one of Austin’s premier shopping and dining destinations. Enjoy convenient access to popular retailers like Super Target, Walmart, JCPenney, Best Buy, Hobby Lobby, PetSmart, Ulta, Marshalls, Ross, and HomeGoods, along with a wide variety of dining options including Texas Roadhouse, Serrano’s Tex-Mex, Chipotle, Another Broken Egg Café, Plucker’s Wing Bar, Little Woodrow’s, and Amy’s Ice Creams. The area also offers excellent amenities for families and outdoor enthusiasts alike. Highly rated Austin ISD schools serve the neighborhood, and you’ll love being close to outdoor recreation at Mary Moore Searight Metro Park, known for its scenic trails, disc golf course, and expansive green space. With easy access to I-35, commuting to downtown Austin, the airport, and major employers is quick and convenient. This is South Austin living at its best—comfortable, connected, and full of potential.

Getting Around

45
WalkingCar-Dependent
47
TransitSome Transit
57
BikeBikeable

Schools

5/10
2/10
Bedichek Middle SchoolGrades 6-81.5 mi
4/10
Crockett High SchoolGrades 9-122.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1997

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Free-Standing Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Vaulted Ceiling(s),No Interior Steps
  • Window features: None
  • Flooring: Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,090 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 04301102040000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered,Patio
  • Exterior features: Exterior Steps
  • Spa features: None
  • Fencing: Fenced, Privacy
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 5,096 sqft
  • Features: None

Parking

  • Total spaces: 1
  • Parking features: None
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,542$18,504
Home Insurance *$143$1,716
Property Taxes $518$6,216
Electricity $238$2,859
Total$2,441$29,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,691/yr
40% on housing$73,230/yr
45% on housing$65,093/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$280This listing

vs Other Active Listings

Avg $/sqft

ZIP 78748$184
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78748$235
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Listed for sale$345,000
2025-02-27Listing removed$1,995
2025-02-18Price change$1,995
2025-02-14Price change$2,150
2025-01-22Listed for rent$2,250
2020-05-01Listing removed$1,550
2020-04-23Listed for rent$1,550
2020-03-13Listing removed$220,000
2020-02-12Pending sale$220,000
2020-02-07Listed for sale$220,000

For Sale by Agent

AgentAlexander Croft
BrokerageCompass RE Texas, LLC

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