ActiveMLS# 3266989
$3,900,000
5.67 Acres · Residential · $687,831/acre
501 Drawbridge Rd
Austin, TX 78746 (Travis County)
5
Bedrooms
2
Bathrooms
2,466
Sq Ft
1967
Year Built

About this property

Discover a truly exceptional opportunity to embrace expansive living and build your dream home on a remarkable 5.67-acres in Austin, Texas. This property offers a unique blend of privacy and convenience, providing a serene retreat from the bustling city while maintaining easy access to urban amenities. The generous acreage presents endless possibilities, from creating a personal oasis to exploring potential developmental ventures. This single-story residence is likely a tear down or template for renovation, but does encompasses 2466 square feet of thoughtfully designed living space with a stone exterior. Nestled in a desirable Austin location, this property provides a canvas for crafting your ideal living environment. The vast outdoor space invites exploration and enjoyment, promising a harmonious balance with nature. Experience the tranquility and potential that this magnificent acreage provides, a rare find that combines spaciousness with a prime address.

Property details

Property TypeResidential
Acreage5.67 acres
StatusActive
Days on Market0 days
ListedMay 30, 2026
CountyTravis
ZIP Code78746
Living Area2,466 sq ft
Price per Acre$687,831/acre
Year Built1967
Stories1
Garage Spaces2
SubdivisionCamelot
FireplaceYes
HOANo
FencingNone
ViewSee Remarks, Downtown, Hill Country, Panoramic
MLS Number3266989
Listed ByAllure Real Estate

Location

Area & Lifestyle

About the Area

501 Drawbridge Rd is located in Austin, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.

The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.

Austin had an estimated population of 967,862 as of 2023. The 78746 zip code has a median household income of $183,028, a median home value of $1,352,500, and a median age of 42.4. The average household size is 2.54 people.

Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Allure Real Estate.

T
X
R
L
Barron Johnson
Broker Associate · Spyglass Realty