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508 Elmwood Place

Austin, TX 78705 - Travis County

House

2 beds

1 baths

850 sqft

About 508 Elmwood Place

Welcome to this charming 2-bedroom, 1-bathroom home located in the vibrant city of Austin, TX. This property boasts a range of desirable features that make it a standout choice for those seeking a comfortable and convenient lifestyle. The interior is adorned with beautiful hardwood flooring, adding a touch of elegance and warmth to the space. The living room is complemented by a cozy fireplace, perfect for those cooler evenings. The home also offers the convenience of reserved parking, ensuring your vehicle is always conveniently parked. The gated yard provides an added layer of privacy, while also offering a great space for outdoor activities. The crowning glory of this property is the rooftop patio, a perfect spot to enjoy the Texas sunsets or entertain guests. This home truly offers a unique blend of comfort, convenience and charm. Fireplace, Reserved Parking, Gated Yard, Hardwood flooring, Roof Top Patio, Fridge, Stove, Dishwasher, Washer, Dryer & Over The Range.

RentalSource last checked: June 12, 2026 · 2:19 PM ET

Last updated: June 6, 2026 at 2:39 PM ET

Managed by: Ely Properties · (512) 476-1976 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	House
Rental Fee:	$2,395
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	850 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	83765136

Property Amenities

• Balcony/Patio

• Dishwasher

• Fireplace

• Hardwood Floors

• Refrigerator

• Washer/Dryer Hk-up

Community Features

• Parking

Additional Details

House for rent in Austin for $2,395 with 2 beds, 1 bath, 850 sqft and located at 508 Elmwood Place in Austin, TX 78705. The rental price of $2,395 is 33.8% ($605) higher than the average rent of $1,790 for a 2 bedroom house in Austin, TX and 35.8% ($631) higher than the average rent of $1,764 for a 2 bedroom house in Travis County. 508 Elmwood Place was advertised by Ely Properties on June 6, 2026 at 11:07 AM ET and last checked today at 2:19 PM ET.

Affordability Calculator

Can I afford to live at 508 Elmwood Place?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$95,800 /year

With your chosen rent-to-income ratio, an annual income of $95,800 is recommended to comfortably afford this 2-bedroom rental priced at $2,395 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

House for rent

$2,395

Rent Affordability Calculator

Interested in 508 Elmwood Place?

Find out more about this property & see if it's available now.

Property managed by:

Ely Properties
(512) 476-1976

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 508 Elmwood Place

508 Elmwood Place, Austin, TX 78705 - House for Rent

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