5705 Rain Creek PKWY
Austin, TX, 78759
$599,000
3 Beds
2 Baths
2,630 SqFt
0.27 Acres
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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.

Property Details

Price:
$599,000
MLS #:
8213922
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Great Hills Sec 10
Listed Date:
Oct 20, 2025
Finished Sq Ft:
2,630
Lot Size:
11,731 sqft / 0.27 acres (approx)
Year Built:
1984
Great Hills Sec 10Austin IsdHillMurchisonAndersonNeighborhood

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Schools

School District:
Austin ISD
Elementary School:
Hill
Middle School:
Murchison
High School:
Anderson

Interior

Appliances
Stainless Steel Appliance(s)
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Flooring
Tile, Wood
Heating
Central

Exterior

Community Features
See Remarks
Exterior Features
See Remarks
Other Structures
See Remarks
Parking Features
Driveway, Garage, Garage Door Opener
Roof
Metal

Financial

Taxes
$15,474

Map

Community

Subdivisions in Austin

Market Summary

Current real estate data for Single Family in Austin as of Dec 13, 2025
3,025
Single Family Listed
118
Avg DOM
391
Avg $ / SqFt
$995,709
Avg List Price

Property Summary

    Located in the Great Hills Sec 10 subdivision, 5705 Rain Creek PKWY Austin TX is a Single Family for sale in Austin, TX, 78759. It is listed for $599,000 and features 3 beds, 2 baths, and has approximately 2,630 square feet of living space, and was originally constructed in 1984. The current price per square foot is $228. The average price per square foot for Single Family listings in Austin is $391. The average listing price for Single Family in Austin is $995,709. To schedule a showing of MLS#8213922 at 5705 Rain Creek PKWY in Austin, TX, contact your Stripe Realty agent at 512-439-2122.

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5705 Rain Creek PKWY
Austin, TX