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$849,999

Last List Price

2502 Colby CV, Austin, TX 78723

4

beds

3

baths

2,561

sqft

0.42

acres

Single Family Residence

About This Home

Welcome to this breathtaking, mid-century remodeled home in the highly sought after University Hills! This unique home offers many options with a 3 bedroom, 2 bath home AND 1 bedroom, 1 bathroom apartment. Colby Cove is located on a tree studded 0.42 acre corner lot on a private cul-de-sac. This meticulously redesigned home maintains the charm of the original 1960s’s architecture with modern amenities. The open-concept living and dining area is highlighted by the beautifully restored brick fireplace and flooded with natural light from large windows and skylight. The gourmet kitchen is a chef’s dream, featuring modern finishes, sleek quartz countertops, custom cabinetry, designer tile, and bar. The expansive living and dining area opens directly into the entertainment room with a wet bar and private courtyard, providing the perfect space for relaxing, hosting guests, a large office, or addition to the apartment suite. The massive master bedroom includes a large walk-in closet and gorgeous master bath with double floating vanity, custom tile work, and large walk-in shower. The apartment offers a self-contained living space, perfect for multi-generational living, guest retreat, or rental. Apartment is complete with a kitchen, bathroom, bedroom, and laundry. Apartment has its own private entrance and also adjoins the main house through the entertainment room with an option for additional square footage. The over-sized lot features mature trees, a private courtyard, patio with pergola overlooking the creek, perfect for bird watching and enjoying the tranquil sounds of nature. The property offers multiple opportunities to build an additional unit, pool or deck overlooking the creek (buyer to do own due diligence). Colby Cove is minutes from US183, US290 and I35, Mueller, HEB, and 5 miles to downtown Austin, and walking distance to bus stops. Book your showing TODAY!

Listings checked every few minutes. MLS# 6197072 was Last Updated: 03-20-2025.

Listed by Nicole Huisman, eXp Realty, LLC (512) 938-2939

Buyer Represented by Skylar Colley, eXp Realty, LLC (737) 284-4267

Neighborhood

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the University Hills neighborhood like?

University Hills is an established neighborhood in East Austin, located east of I-35 and north of US-290, within easy reach of both the University of Texas campus and the Mueller redevelopment district. The neighborhood was developed primarily in the 1950s and 1960s as one of Austin's early postwar suburban communities, and its tree-lined streets and mid-century homes reflect that era's residential character.

Explore University Hills

What employers are near 2502 Colby CV?

  • University of Texas at Austin (Higher Education)
  • Dell Seton Medical Center (Healthcare)
  • Samsung (Technology)

How does this property compare to others in University Hills?

2502 Colby CV is listed at $850K vs. the $580K median in University Hills. The neighborhood average is $313/sqft. Homes in University Hills average 35 days on market.

MetricUniversity Hills
Median List Price$580K
Median Sold Price$510K
Average Days on Market35
Average Price per Sqft$313
Active Listings19

Market data as of May 2026.

Frequently Asked Questions

How much is 2502 Colby CV?

2502 Colby CV is listed for $849,999. It features 4 bedrooms, 3 bathrooms, 2,561 square feet, 0.4154 acres. Built in 1964.

What neighborhood is 2502 Colby CV in?

2502 Colby CV is located in the University Hills neighborhood of Austin, Texas.

How does 2502 Colby CV compare to other homes in University Hills?

The asking price of $849,999 is 46.6% higher than the median home price of $580K in University Hills. At $332/sqft, it compares to the neighborhood average of $313/sqft.

What are the details of 2502 Colby CV?

2502 Colby CV was built in 1964, and sits on 0.4154 acres of land, and is a single family residence style home.