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$465,000

Last List Price

503 Allen ST #503A, Austin, TX 78702

3

beds

3

baths

1,382

sqft

0.09

acres

Single Family Residence

About This Home

RECENT PRICE REDUCTION! Open Houses this weekend!! Discover this 3-bedroom, 2.5-bath home tucked on a quiet street in the heart of East Austin. Located just off East 5th and walking distance to Justine's, Central Machine Works, Kinda Tropical and Sunny's. But also close to so many great East Austin restaurants, coffee shops, and food trucks with the nearby neighborhood H-E-B and the larger East Riverside H-E-B just across the river. Inside you'll find a clean interior with polished concrete floors that give the home a nice, modern feel. All major appliances—including refrigerator, washer, and dryer—are included, making move-in seamless. Great as a low maintenance home for an East Austin professional or as investment property - perfect as an STR but also has a proven record as a long-term rental.

Listings checked every few minutes. MLS# 3094500 was Last Updated: 02-25-2026.

Listed by Jay Nolan, Agency Texas Inc (512) 636-5465

Buyer Represented by Jesper Taktblad, Compass RE Texas, LLC (512) 657-2250

Neighborhood

Assigned Schools

Comments

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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 Govalle neighborhood like?

Govalle is an East Austin neighborhood located east of I-35 between Airport Boulevard and the Colorado River, adjacent to the Mueller redevelopment and the growing East Cesar Chavez corridor. Originally a historically affordable community with roots dating back to the early 1900s, Govalle has experienced significant gentrification over the past decade as East Austin's proximity to downtown has attracted new investment, restaurants, and higher-income buyers.

Explore Govalle

What employers are near 503 Allen ST?

  • Downtown Austin Employers (Technology & Professional Services)
  • Austin-Bergstrom International Airport (Aviation & Transportation)
  • Mueller Development Employers (Retail & Healthcare)

How does this property compare to others in Govalle?

503 Allen ST is listed at $465K vs. the $775K median in Govalle. The neighborhood average is $512/sqft. Homes in Govalle average 64 days on market.

MetricGovalle
Median List Price$775K
Median Sold Price$625K
Average Days on Market64
Average Price per Sqft$512
Active Listings51

Market data as of May 2026.

Frequently Asked Questions

How much is 503 Allen ST?

503 Allen ST is listed for $465,000. It features 3 bedrooms, 3 bathrooms, 1,382 square feet, 0.0857 acres. Built in 2006.

What neighborhood is 503 Allen ST in?

503 Allen ST is located in the Govalle neighborhood of Austin, Texas.

How does 503 Allen ST compare to other homes in Govalle?

The asking price of $465,000 is 40.0% lower than the median home price of $775K in Govalle. At $336/sqft, it compares to the neighborhood average of $512/sqft.

What are the details of 503 Allen ST?

503 Allen ST was built in 2006, and sits on 0.0857 acres of land, and is a single family residence style home.