5705 Rain Creek Pkwy, Austin, TX 78759
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: darsh parikh
Office: compass re texas, llc.
MLS#:8213922
Source:ACTRIS
5705 Rain Creek Pkwy,Austin, TX 78759
$599,000
- 3 Beds
- 2 Baths
- 2,630 sq. ft.
- Single family
- Active
Price summary
- Price:$599,000
- Price per sq. ft.:$227.76
About this home
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.
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Home facts
- Year built:1984
- Listing ID #:8213922
- Updated:December 14, 2025 at 04:22 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,630 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1984
- Building area:2,630 sq. ft.
Schools
- High school:Anderson
- Elementary school:Hill
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$227.76
- Tax amount:$15,474 (2025)
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