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511 S Park Dr #2, Austin, TX, 78704

2beds
3baths
1,332sqft
$649,900
$488price/sqft
$4,401/moest. monthly cost
$176,040/yrincome needed

About This Home

Distinctive by design and impossible to duplicate, this Scandinavian Modern detached residence offers a fresh perspective on Austin living. Spanning 1,332 square feet, this thoughtfully designed home blends eco-conscious construction with elevated finishes and a level of character rarely found in new construction. Designed for today's urban lifestyle, it features two bedrooms, two-and-a-half baths, and a dedicated office. Upstairs, the open-concept living area flows through oversized sliding glass doors to an expansive covered patio where you'll enjoy glimpses of Austin's downtown skyline. Whether sipping morning coffee, entertaining friends, or unwinding at day's end, this inviting space embraces the very best of Austin living. Warm textures, curated materials, and designer finishes create an atmosphere that feels both refined and welcoming. The kitchen features custom cabinetry, quartz countertops, smart storage solutions, and a functional layout designed for everyday living. Thoughtful construction sets this home apart, with spray foam insulation, premium windows, a standing-seam metal roof, two-zone HVAC, instant hot water, EV-ready capabilities, and a dedicated dog wash. Offering the privacy of a detached home within a low-maintenance condo regime, this residence is a refreshing alternative to ordinary new construction. Ideally located in the heart of 78704, you'll enjoy convenient access to South Congress, Bouldin Creek, Lady Bird Lake, Downtown Austin, acclaimed restaurants, local boutiques, and major commuter routes. This is a rare opportunity to own a truly distinctive home in one of Austin's most desirable neighborhoods.

Getting Around

75
WalkingVery Walkable
49
TransitSome Transit
65
BikeBikeable

Schools

1/10
Dawson Elementary SchoolGrades PK-50.1 mi
4/10
Fulmore Middle SchoolGrades 6-81.2 mi
1/10
Travis High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Metal

Other

  • Builder name: CSM Contrating

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Instant Hot Water,Plumbed For Ice Maker,RNGHD

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Quartz Counters,Eat-in Kitchen,Interior Steps,Recessed Lighting,Smart Thermostat,Storage,Study/Home Office,Walk-In Closet(s)
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: See Remarks,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,332 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 309828
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck,Rear Porch
  • Exterior features: See Remarks,Balcony,Electric Car Plug-in,Permeable Paving,Private Yard
  • Fencing: Back Yard, Privacy, Wood
  • Has view: Yes
  • View description: City,Neighborhood,Skyline
  • Waterfront features: None

Lot

  • Lot size: 10,223 sqft
  • Features: None

Parking

  • Total spaces: 1
  • Parking features: Attached,Direct Access,Electric Vehicle Charging Station(s),Garage
  • Has garage: Yes
  • 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
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

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 $3,286$39,432
Home Insurance *$168$2,016
Property Taxes $709$8,508
Electricity $238$2,859
Total$4,401$52,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,891/yr
40% on housing$132,030/yr
45% on housing$117,360/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

$488This listing

vs Other Active Listings

Avg $/sqft

ZIP 78704$406
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78704$563
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
2026-07-14Listed for sale$649,900

New Construction

AgentMichelle Ward
BrokerageWaterloo Realty, LLC

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