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5705 Rain Creek PKWY
Austin TX 78759 US

$629,000

Active Listing ID 8213922
bed icon
4 bed
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2.00 Bath (2 Full)
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Lot: 0.27 Acres
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Single Family Residence

$629,000

Active Listing ID 8213922
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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.

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Property Features

  • Facts
  • Lot Size: 0.27 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Fencing
  • Floor Covering: Tile, Wood
  • Roof Type: Metal
  • Heating Fuels: Central, Fireplace(s)
  • Additional Features
  • Fireplace

School Information

  • School
  • Hill(Elementary)
  • Murchison(MiddleSchool)
  • Anderson(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 629000
  • unparsedaddress: 5705 Rain Creek PKWY
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78759
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2693
  • lotsizeunits: Acres
  • lotsizearea: 0.2693
  • livingarea: 2630
  • livingareaunits: Square Feet
  • latitude: 30.40586241
  • longitude: -97.7598559
  • listagentfullname: Darsh Parikh
  • listagentemail: darsh.parikh@compass.com
  • listagentkey: 3yd-ABORTX-734449
  • listagentmlsid: 734449
  • listagentpreferredphone: 5125933138
  • listagentofficephone: 5125753644
  • listofficekey: 3yd-ABORTX-700459
  • listofficemlsid: 700459
  • disclaimer: Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 1984
  • listingcontractdate: 2025-10-20
  • listagenturl: https://www.compass.com/
  • countyorparish: Travis
  • parcelnumber: 01580309150000
  • elementaryschool: Hill
  • highschool: Anderson
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • cooling: Central Air
  • constructionmaterials: HardiPlank Type, Stone
  • flooring: Tile, Wood
  • heating: Central, Fireplace(s)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • parkingfeatures: Driveway, Garage
  • roof: Metal
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fan(s), Ceiling-high
  • exteriorfeatures: Fencing
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.75986, 30.405863
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass RE Texas, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"darsh.parikh@compass.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass RE Texas, LLC", "ListBrokeragePhone":"(214) 814-8100", "ListBrokeragePostalCode":"78704", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"801 Barton Springs Rd.", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2500 Bee Caves Road", "ListOfficeAddress2":"Building 3, Suite 200", "ListOfficeBrokerMlsId":"484652", "ListOfficeCity":"Austin", "ListOfficeCountry":"US", "ListOfficeEmail":"Support@Compass.com", "ListOfficePostalCode":"78746", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - Austin, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5705-Rain-Creek-Pkwy_Austin_TX_78759_M86639-46226?f=listhub&s=ABORTX&m=8213922&c=rexren", "MLSModificationTimestamp":"2025-10-25T14:08:09Z", "Neighborhoods":[{"Description":null, "Name":"1N"}], "PostalCode":null, "RawPropertySubType":"Single Family Residence", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15473.69, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/26/2025 7:06:09 PM GMT
Source Updated Date: 12/11/2025 12:37:41 PM GMT

Courtesy of: Darsh Parikh, Compass RE Texas, LLC, darsh.parikh@compass.com

Copyright © 2025 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.