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Single Family ResidenceResidential
$1,005,436$622 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $521,300 on Oct 13, 2020

508 TERRACE DR

AUSTIN, TX 78704
2
Baths
1,616 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1M
$749K low$1.3M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$521,300 · Oct 13, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$16,287 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$985,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$606,955
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$378,045
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$954,570
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$985,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyTRAVIS
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 438 ft²Porch · 266 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Travis Heights Elementary SchoolB-
Elementary · Grades EE–5 · 0.1 mi
M
Lively Middle SchoolC-
Middle · Grades 6–8 · 0.2 mi
H
Travis Early College SchoolF
High · Grades 9–12 · 0.7 mi

District: Austin Independent School District

Neighborhood · ZIP 78704These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.145
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.44%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.52,756
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,985 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,469
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$138,438
Average tempThe average temperature here across a full year.68°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

508 Terrace Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 86% of homes in Travis County
  • Costs more per square foot than 94% of homes in Travis County
  • Newer than 82% of homes in Travis Heights / South River City

What homes are worth in Austin 78704

Each bar is how many homes fall in that price range. The marker is this home.

This home
$218K$2.7M

This home is worth more than 67% of homes in Austin 78704.

How it measures up in Austin 78704

The dot is this home. The mark in the middle is the typical home in Austin 78704.

Estimated value$1,005,436
CheaperTypical $781,905Pricier

Pricier than 67% of homes nearby

Price per ft²$622
CheaperTypical $518Pricier

Pricier than 71% of homes nearby

Living area1,616 ft²
SmallerTypical 1,586 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.16 ac
SmallerTypical 0.14 acBigger

Bigger than 58% of homes nearby

Year built2006
OlderTypical 1980Newer

Newer than 66% of homes nearby

How 508 Terrace Dr ranks against every home in each area.
MeasureThis homeTravis Heights / South River CityAustin 78704Travis County
Estimated valuepricier than$1,005,43656% of homes67% of homes86% of homes
Price per ft²pricier than$62265% of homes71% of homes94% of homes
Living areabigger than1,616 ft²46% of homes51% of homes38% of homes
Lot sizebigger than0.16 ac50% of homes58% of homes37% of homes
Year builtnewer than200682% of homes66% of homes65% of homes

About 508 Terrace Dr

How much is 508 Terrace Dr, Austin, TX worth?

The TopHap Estimate for 508 Terrace Dr, Austin, TX is $1,005,436 as of Oct 21, 2026. The likely range is $748,525 to $1,262,347. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 Terrace Dr, Austin, TX last sell?

508 Terrace Dr, Austin, TX last sold on Oct 13, 2020 for $521,300, according to the county's recorded deed.

How big is 508 Terrace Dr, Austin, TX?

508 Terrace Dr, Austin, TX has 2 bathrooms, 1,616 square feet of living space and a 0.16-acre lot.

When was 508 Terrace Dr, Austin, TX built?

508 Terrace Dr, Austin, TX was built in 2006, making it 20 years old. The building has 2 stories.

What schools serve 508 Terrace Dr, Austin, TX?

508 Terrace Dr, Austin, TX is assigned to Travis Heights Elementary School (elementary), rated B-; Lively Middle School (middle), rated C-; Travis Early College School (high), rated F. All sit in Austin Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Terrace Dr, Austin, TX compare to other homes in Austin 78704?

Among the 14,136 homes in Austin 78704, it is worth more than 67% of them ($1,005,436 against a typical $781,905), its price per square foot is higher than 71% of them ($622 against a typical $518), it is bigger than 51% of them (1,616 ft² against a typical 1,586 ft²), its lot is bigger than 58% of them (0.16 ac against a typical 0.14 ac) and it is newer than 66% of them (2006 against a typical 1980). Measured against all of Travis County, it is worth more than 86% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 508 Terrace Dr, Austin, TX?

The 2025 property tax bill for 508 Terrace Dr, Austin, TX was $16,287. The county assessed it at $985,000.

More homes on Terrace Dr

Closest homes

More homes in Austin 78704

Assigned schools

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