MLS# 540017 - 500 Terrace Drive, Austin, TX 78704

DIAMOND IN THE ROUGH! Located on a corner lot on a quiet street with downtown views from the 3rd story, the home was built in 2011 and never finished. The sale includes 95% (est.) of all the building materials needed to complete the home. Listed well below Travis CAD 2023 value, this home is a potential goldmine to the buyer who has finishing experience. The sellers spared no expense with building materials or appliances. The home includes a 6 burner DCS double convection oven range with built in grill, a DCS SS refrigerator, Bosch SS dishwasher, a Samsung SS stackable washer and dryer. High end materials were used in the construction and the seller started the Austin Green Building Program, but never finished. Marvin Integrity fiber glass windows were installed with screens still in the original packaging. A high efficiency fireplace is in the main living area surrounded by fossilized limestone from the Permian Basin. The home also includes a private outdoor shower, multiple hidden storage areas, a central vacuum system, rosewood, bamboo and oak flooring, double limestone sinks in the primary bath, and beautiful walnut bamboo cabinetry. The 3rd story 1/4 bath drain is in place to install a shower and make a full bath. The detached garage has 1/4 bath, and dog bath that can be converted to full bathroom with potential to build a studio apartment . This unique home is just steps away from Little Stacy Park, Blunn Creek Greenbelt Trail or a couple of blocks to South Congress, music, shops and dining including Perla's, Lucy's, C-Boys Heart & Soul, Magnolia Cafe, Torchy’s Tacos, Allen's Boots + SO MUCH MORE. Many stunning new builds nearby. Multiple surveys are available. Complete building plans will transfer with the sale.