2503 Lehigh Drive

Austin, TX 78723

$525,000
Price
5
Beds
3
Baths
2,696 Sq. Ft.
$195 / Sq. Ft.
2,696
Sq. Ft.
$195
per Sq. Ft.

Description

Golden opportunity for investors and visionaries to transform this property into a luxury masterpiece! This potential remodel presents a 5-bedroom, 3-bathroom home offering 2,696 SQFT of living space with a pool, all set on an expansive 0.4-acre lot in a highly desirable location just minutes from Downtown Austin. Built in 2005, this home is packed with potential, boasting solid bones and a massive covered porch—an ideal space for conversion or enhancement to elevate its value and appeal. The seller...Golden opportunity for investors and visionaries to transform this property into a luxury masterpiece! This potential remodel presents a 5-bedroom, 3-bathroom home offering 2,696 SQFT of living space with a pool, all set on an expansive 0.4-acre lot in a highly desirable location just minutes from Downtown Austin. Built in 2005, this home is packed with potential, boasting solid bones and a massive covered porch—an ideal space for conversion or enhancement to elevate its value and appeal. The seller is including a comprehensive package of architectural and structural plans for a high-end remodel, complete with meticulously curated designer finishes, offering a seamless path to creating a show-stopping property. With After Repair Values (ARVs) in this sought-after area reaching upwards of $950K, this property promises substantial profit potential and flexibility for creative visionaries. Whether your goal is to expand, modernize, or reimagine the space as a luxury haven, this home provides the canvas to make it happen. Rare opportunities like this, in such a prime location, are hard to come by. Don't miss out—contact the agent today for access to plans, bids, and the full potential this property has to offer. This is your chance to capitalize on one of Austin’s hottest markets and turn a vision into reality!
  1. Listed by Darsh Parikh • TREC #0734449 • Compass RE Texas, LLC
    P: (512)-593-3138 C: (512)-593-3138 darsh.parikh@compass.com

Property Details for 2503 Lehigh Drive

Subdivision Name
University Hills Sec 02 Ph 05
Waterfront
No
Waterfront Description
SeeRemarks
Parcel Number
02242203200000
Tax Lot
28
Tax Block
9
Elementary School
Andrews
Elementary School District
Austin ISD
LISTING UPDATED: 01/11/2025 12:21 PM

Property Details for 2503 Lehigh Drive

StatusActive
MLS #2680642
Days on Market1
Taxes$11,203 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2005
Lot Size0.40 AC / 17,480 SF
CountyTravis County

Building Information for 2503 Lehigh Drive

Stories1Year Built2005Building Size-Lot Size0.40 AC / 17,480 SF

Property Information for 2503 Lehigh Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 2
  • Parking Features: See Remarks
  • Covered Spaces: 2
Interior
  • Interior Features: MainLevelPrimary, SeeRemarks
  • Flooring: See Remarks
  • Appliances: WineCooler, Washer
  • Fireplace Features: See Remarks
  • Laundry Features: SeeRemarks
  • Restrictions: See Remarks
Exterior
  • Exterior Features: See Remarks
  • Construction Materials: SeeRemarks
  • Foundation Details: Slab
  • Patio And Porch Features: SeeRemarks
  • Roof: See Remarks
  • Fencing: See Remarks
  • Direction Faces: North
  • Window Features: SeeRemarks
  • Accessibility Features: SeeRemarks
  • Community Features: See Remarks
Property Information
Lot Information
  • Lot Features: See Remarks
  • Horse: Yes
  • Horse Amenities: SeeRemarks
Utilities
  • Cooling: See Remarks
  • Heating: See Remarks
  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: See Remarks
Green Features
  • Green Energy Efficient: SeeRemarks
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
Room 2
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: Bar
Room 3
  • Room Type: PrimaryBathroom
  • Room Level: Main
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $565,270
  • Tax Year: 2024
  • Tax Rate: 1.77%
Showing Information
Showing Information
  • Security Features: See Remarks
  • Directions: From Downtown Austin, take I-35 N and exit 45th Street/51st Street. Head west on 45th Street to Burnet Road, then turn right. Continue north and turn left on Hancock Drive. Turn left on Lehigh Drive, and the property will be on your left.

Property History for 2503 Lehigh Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2503 Lehigh Drive

Taxable ValueLand$313,500Additions$251,770Total$565,270
Home Facts
Beds0Total Finished SqFt1,378 SqFtAbove Grade Finished SqFt1,378 SqFtStories1Lot Size17,481 SqFtStyleSingle Family ResidenceYear Built2005CountyTRAVISAPN0224220320

Schools near 2503 Lehigh Drive

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Andrews Elementary School
PublicPK to 5

Webb Middle School
Public6 to 8

Lbj High School
Public9 to 12

Sadler Means Ywla
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2503 Lehigh Drive is a single family home for sale in Austin, TX 78723. This property was listed for sale on January 11, 2025 by Compass RE Texas, LLC, it's currently listed at $525,000. It has been on the market for a total of 0 days and was last sold on January 27, 2005. This listing's school district is Austin Independent School District. Nearby schools include Andrews Elementary School, Webb Middle School and Lbj High School. 2503 Lehigh Drive is a 5-bed, 3-bath, 2,696 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass RE Texas, LLC, Darsh Parikh, TREC #0734449

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.