5705 Rain Creek PKWY, Austin, TX 78759

• 4 beds |
• 2 baths |
• 2,630 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

Compass RE Texas, LLC : (512) 575-3644

Listing Agent:

Darsh Parikh : (512) 593-3138

MLS ID:

8213922

Interior

• General: Ceiling Fan(s)Ceiling-High
• Appliances: Stainless Steel Appliance(s)
• Laundry: In Unit
• Flooring: TileWood
• A/C: Central Air
• Heating: Central
• Fireplace: Family RoomFireplaces: 1
• Eco/Green Feature: See RemarksOther/See Remarks

Exterior

• General: See Remarks
• Other Structures: See RemarksRear Porch
• Pool: None
• Parking: DrivewayGarageGarage Door OpenerParking spaces: 4

Construction

• Roofing: Metal
• Windows: See Remarks
• General: TwoSlab

Location

• HOA Amenities: See Remarks
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: LOT 12 BLK A GREAT HILLS SEC X01580309150000
• View: Neighborhood
• Fencing: Wood

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris

This listing courtesy of Darsh Parikh, Compass RE Texas, LLC