Beds 3
Baths 2
Sqft 2,630
Acres 0.27
Property Type Home
Heating Central
Parking Driveway, Garage, Garage Door Opener
Year Built 1984
Stories 2
Cooling Central Air
Days on Market 335
Garages 2

About 5705 Rain Creek Pkwy

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

Legal Description LOT 12 BLK A GREAT HILLS SEC X
Address 5705 Rain Creek Pkwy
County Travis
City Austin
Zip Code 78759
Subdivision Great Hills Sec 10
School District Austin ISD
MLS Area 1N

Size and Restrictions

Acres 0.27
Lot Description See Remarks
Horses Allowed No
$/Acre $2,224,285

Improvements

Parking Driveway, Garage, Garage Door Opener
Garage Spaces 2
Fence Wood
Exterior Features See Remarks

Features

View Neighborhood
Water Access None

Utilities

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

Amenities

Area Amenities See Remarks

Beds and Baths

Bedrooms 3
Bathrooms 2 full
Primary on Main No

Other Rooms

Kitchen Appliances Stainless Steel Appliance(s)
Laundry Facilities In Unit

Heating and Cooling

Heating Central
Air Conditioning Central Air
Fireplaces Family Room

Interior Features

Flooring Tile, Wood
Features Ceiling Fan(s), High Ceilings
Disability See Remarks

Building Information

Square Feet 2,630
Year Built 1984
# of Stories 2
Building Faces Northeast
Construction HardiPlank Type, Stone
Foundation Slab
Roof Metal

Energy Efficiency

Energy Efficiency Features See Remarks

Property Features

Exterior Features See Remarks

Garage and Parking

Garage Garage Door Opener
Parking Driveway, Garage, Garage Door Opener

Financial

$/Sq Ft $228
$/Acre $2,224,285
Special Conditions SeeRemarks
Documents Available See Remarks
Disclosures See Remarks

Property Taxes

Appraisal District Travis
Estimated Taxes $15,474
Tax ID 01580309150000
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 593-3138

Listing Map

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