5705 Rain Creek Pkwy, Austin, TX 78759
Local realty services provided by:ERA Experts
Listed by: darsh parikh
Office: compass re texas, llc.
MLS#:8213922
Source:ACTRIS
5705 Rain Creek Pkwy,Austin, TX 78759
$599,000Last list price
- 3 Beds
- 2 Baths
- - sq. ft.
- Single family
- Sold
Sorry, we are unable to map this address
Price summary
- Price:$599,000
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.
Contact an agent
Home facts
- Year built:1984
- Listing ID #:8213922
- Updated:January 08, 2026 at 07:20 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1984
Schools
- High school:Anderson
- Elementary school:Hill
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Tax amount:$15,474 (2025)
New listings near 5705 Rain Creek Pkwy
- New
$314,900Active2 beds 3 baths1,461 sq. ft.14815 Avery Ranch Blvd #403/4B, Austin, TX 78717
MLS# 2605359Listed by: KELLER WILLIAMS REALTY - New
$1,100,000Active2 beds 2 baths1,600 sq. ft.210 Lee Barton Dr #401, Austin, TX 78704
MLS# 6658409Listed by: VAN HEUVEN PROPERTIES - Open Sat, 2 to 4pmNew
$349,900Active2 beds 1 baths720 sq. ft.1616 Webberville Rd #A, Austin, TX 78721
MLS# 7505069Listed by: ALL CITY REAL ESTATE LTD. CO - New
$156,900Active4 beds 2 baths1,333 sq. ft.4516 Felicity Ln, Austin, TX 78725
MLS# 7874548Listed by: LUXELY REAL ESTATE - Open Sat, 11am to 1pmNew
$1,300,000Active4 beds 3 baths2,679 sq. ft.1301 Madison Ave, Austin, TX 78757
MLS# 9224726Listed by: BRAMLETT PARTNERS - Open Sat, 11am to 3pmNew
$2,199,990Active5 beds 3 baths3,201 sq. ft.2607 Richcreek Rd, Austin, TX 78757
MLS# 1537660Listed by: TEXAS CROSSWAY REALTY , LLC - Open Sat, 12 to 2pmNew
$1,650,000Active5 beds 5 baths4,686 sq. ft.6304 Bon Terra Dr, Austin, TX 78731
MLS# 6618206Listed by: KUPER SOTHEBY'S INT'L REALTY - Open Sun, 1 to 3pmNew
$525,000Active4 beds 3 baths2,060 sq. ft.2817 Norfolk Dr, Austin, TX 78745
MLS# 8582843Listed by: PEAK REAL ESTATE ADVISORS LLC
$824,900Active4 beds 4 baths2,835 sq. ft.9516 Wiggy Way, Austin, TX 78744
MLS# 3065065Listed by: PERRY HOMES REALTY, LLC- New
$260,000Active2 beds 3 baths1,100 sq. ft.1827 River Crossing Cir, Austin, TX 78741
MLS# 3498917Listed by: KELLER WILLIAMS REALTY