TX > Austin > Great Hills Sec 10
Austin, TX 78759,5705 Rain Creek PKWY
Austin, TX 78759,5705 Rain Creek PKWY
Austin, TX 78759,5705 Rain Creek PKWY
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Colbey Pfund

Colbey Pfund

+1(310) 433-6017
$629,000
Est. payment /mo
4 Beds
2 Baths
2,630 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,630 sqft

Price per Sqft $239

Subdivision Great Hills Sec 10

MLS Listing ID 8213922

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1984

Annual Tax Amount $15,473

Tax Year 2025

Lot Size 0.269 Acres

Acres 0.2693

Property Sub-Type Single Family Residence

Source actris

Property Description

Amazing Fix & Flip Opportunity in Austin's sought-after Great Hills neighborhood — 5705 Rain Creek Pkwy presents investors and rehabbers with a rare chance to acquire a well-positioned property with massive upside potential. Situated in the desirable Great Hills / Jollyville corridor, this 2,630 sq. ft., two-story home built in 1984 sits on a generous 0.27-acre lot, offering both solid square footage and outdoor space for expansion or lifestyle enhancements. The property is ready for a complete transformation and serves as a blank canvas for investors who can envision its future as a modernized, high-demand residence. Surrounded by strong comps, the neighborhood consistently supports high ARV values, with renovated homes in the area trading in the $975,000 to $1,170,000 range. With an estimated renovation investment of approximately $180,000, savvy investors can unlock compelling profit margins by bringing this home up to market standards. The location is unbeatable, with excellent access to major highways, retail hubs, restaurants, highly regarded schools, and the abundant amenities that make Great Hills one of Austin's most desirable residential enclaves. The spacious floor plan provides ample opportunity for reconfiguration, modernization, and the addition of luxury finishes that today's buyers demand—think open concept living, chef's kitchens, spa-inspired bathrooms, and seamless indoor-outdoor connections. This is not a turnkey property—it is an opportunity for an experienced investor ready to manage a full-scale renovation project from start to finish. With strategic upgrades, high-end finishes, and thoughtful design, this distressed asset can be transformed into a standout offering in one of Austin's most competitive and well-positioned neighborhoods. The combination of location, square footage, lot size, and market demand make this a true investor's gem. Don't miss your chance to capitalize on one of the best fix-and-flip opportunities in Northwest Austin.

Location

State TX

County Travis

Interior

Interior Features Ceiling Fan(s), Ceiling-High

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace No

Appliance Stainless Steel Appliance(s)

Exterior

Exterior Feature See Remarks

Garage Spaces 2.0

Fence Wood

Pool None

Community Features See Remarks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description None

View Neighborhood

Roof Type Metal

Porch Rear Porch

Total Parking Spaces 4

Private Pool No

Building

Lot Description See Remarks

Faces Northeast

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type,Stone

New Construction No

Schools

Elementary Schools Hill

Middle Schools Murchison

High Schools Anderson

School District Austin Isd

Others

Special Listing Condition See Remarks

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Listed by Compass RE Texas, LLC

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Colbey Pfund

Colbey Pfund

+1(310) 433-6017

Realtor | License ID: 741291

Realtor License ID: 741291

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