$949,000
NEW CONSTRUCTION

Estimated payment $6,412/month

Total Views 2,711
3 Beds
3.5 Baths
2,240 Sq Ft
$424 Price per Sq Ft

Highlights

  • New Construction
  • Wood Flooring
  • Quartz Countertops
  • City Lights View
  • High Ceiling
  • Private Yard

About This Home

Introducing 505 Philco, a stunning residence developed and built by Howdy Homes—celebrated for their impeccable attention to detail and commitment to high-quality craftsmanship—where modern design and tranquil living blend seamlessly in the heart of Austin. This exceptional home showcases the coveted Modern Japandi aesthetic, an effortless fusion of Japanese minimalism and Scandinavian warmth that creates a serene, inviting atmosphere filled with harmony and refined sophistication. Step inside and you’ll immediately feel the calming embrace of soft, warm neutrals like beige, cream, and taupe paired with natural textures of linen, cotton, and wool that add subtle depth and comfort to every thoughtfully designed space. Light and medium wood tones throughout the home introduce visual warmth and a grounding connection to nature, transforming every corner into your own peaceful retreat from the city buzz. Featuring 3 spacious bedrooms and 3.5 beautifully appointed bathrooms across an expansive 2,240 square feet, this residence was designed for luxurious everyday living and easy, elegant entertaining. The chef’s kitchen—complete with high-end finishes—flows effortlessly into the airy open-concept living and dining areas, while expansive glass doors draw you upstairs to your spectacular 1,200 square foot rooftop patio where breathtaking views await. Entertain with ease thanks to the stylish wet bar on the third floor and elevate your lifestyle with an optional private hot tub, sauna, and cold plunge for ultimate relaxation under the Austin stars. A whole-home sound system is ready to set the perfect vibe, whether you’re hosting lively gatherings or unwinding with a quiet evening in. Perfectly nestled in a peaceful yet central neighborhood, 505 Philco offers a rare opportunity to own a piece of modern elegance that feels equally grounded and elevated. This home is more than just a place to live—it’s a statement of thoughtful design and enduring quality.

Listing Agent

Darshil Parikh

Compass RE Texas, LLC Brokerage Phone: 512-593-3138 License #0734449 Listed on: 07/10/2025

Compass RE Texas, LLC

Co-Listing Agent

Fabrizio Palermo

Compass RE Texas, LLC Brokerage Phone: 512-593-3138 License #0824018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,038

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 10,838 Sq Ft Lot
  • Southeast Facing Home
  • Private Entrance
  • Wood Fence
  • Private Yard

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Slab Foundation
  • Membrane Roofing
  • HardiePlank Type

Interior Spaces

  • 2,240 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Terrace

Schools

  • St Elmo Elementary School
  • Bedichek Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Sustainability products and practices used to construct the property include see remarks
  • City Lot

Community Details

  • Property has a Home Owners Association
  • Alamo Heights Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04120607030000
  • Tax Block B

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,038

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2025
  • Additional Parcels: No
  • Direction Faces: Southeast
  • Directions: IH 35 South, Take 71 West. Left on S 1st. Left on Philco. Units are on the corner of S 1st / Philco.
  • Disclosures: See Remarks
  • Fencing: Wood
  • Garage Spaces: 1
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: Three Or More
  • Living Area: 2240
  • Other Structures: See Remarks
  • Special Listing Conditions: See Remarks
  • Co List Office Mls Id: ACT700459
  • Co List Office Phone: (512) 575-3644
  • Attribution Contact: 512-593-3138
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 10000.00
  • FEMA Flood Plain: See Remarks
  • Current Price Lot Size Squ: 87.56
  • Current Price By Living Ar: 423.66
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 87.56
  • List Price By Living Area: 423.66
  • List Price By Original Lis: 1.00
  • Restrictions: See Remarks
  • Tax Exemptions: See Remarks
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Quartz Counters
  • View: City Lights, Neighborhood
  • Flooring: Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Stainless Steel Appliance(s)
  • Property Condition: New Construction
  • Security Features: See Remarks
  • Window Features: Double Pane Windows
  • Laundry Location: In Unit

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony, Private Entrance, Private Yard
  • Roof: Membrane
  • Builder Name: On File
  • Foundation: Slab
  • Patio And Porch Features: Terrace
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Annually

Association/Amenities

  • Association Name: TBD
  • Association: Yes
  • Community Features: See Remarks

Schools

  • Elementary School: St Elmo
  • High School: Travis
  • Middle/Junior School: Bedichek
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: City Lot, Some Trees
  • Parcel Number: 04120607030000
  • Lot Size Acres: 0.2488
  • Lot Size Sq Ft: 10837.73
  • Subdivision Name: Alamo Heights Sec 01

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: Yes

Tax Info

  • Tax Block: B
  • Tax Year: 2025
  • Tax Annual Amount: 17037.71
  • Tax Filled Sqft Total: 936
  • Tax Rate: 1.90000000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,568 $859,703 $300,000 $559,703
2023 $7,568 $452,794 $350,000 $102,794
2022 $10,083 $510,559 $350,000 $160,559
2021 $6,689 $307,315 $150,000 $157,315
2020 $5,542 $258,402 $150,000 $108,402
2018 $5,336 $241,000 $150,000 $91,000
2017 $4,682 $209,933 $100,000 $109,933
2016 $4,387 $196,695 $100,000 $96,695
2015 $3,970 $170,633 $75,000 $95,633
2014 $3,970 $166,836 $75,000 $91,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 For Sale $949,000 -- $424 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- Independence Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,678,500 Construction
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1228621

Unlock MLS (Austin Board of REALTORS®)

APN: 316624