512 Powell CIR Austin, TX 78704

Amazing opportunity in prized 78704 just south of Downtown! This property provides many options for an income producing property, remodel, or build your dream home. Sitting on a large 7000+ square foot flat lot, this prime property is ready for its next chapter. The main home has 3 bedrooms, 1 full bathroom, with a spacious living area and kitchen. The studio in the back has a half bath and a stylish outdoor shower. This property is currently zoned SF-3. Recent updates include fresh interior paint (2023), HVAC (2021), plumbing drain lines with PVC (2017), tankless water heater (2017). The main house offers an abundance of natural light and an open floor plan with bamboo and tile flooring throughout - no carpet! The front door opens to a comfortable living room with large windows and views into the dining room and kitchen. The kitchen has solid concrete countertops, a gas range and generous storage space. The main bedroom features bamboo flooring, a ceiling fan, and direct access to a secondary bedroom - great for a bedroom, den, or office. The shared hall bathroom has a modern vanity, a mirror with additional storage, and a tub/shower combo with a sliding glass enclosure. The private backyard has space for entertaining with a covered patio, hot tub, fire pit area, and an additional uncovered patio connecting to the backyard studio. The studio space has endless possibilities - perfect for your short term or long term guests, a home office, music room, gym, tenant rental, etc. New construction lines the street with prime location living for renters and owners. Walk to local favorites- Summer Moon Coffee, Toss Pizzeria & Pub, and more. Just 3 miles to Downtown Austin! And the new multi-level, 145,000 square foot HEB grocery store is currently being constructed at Oltorf and South Congress and will be completed in the years to come. This neighborhood is truly unique and has everything you need to make 512 Powell your new home!