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- 💼 Invest in Austin – Homes with Growth Potential in Hot Neighborhoods
💼 Invest in Austin – Homes with Growth Potential in Hot Neighborhoods
From the tech corridor to up-and-coming areas, these properties offer great rental opportunities and long-term value.

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NEW OR NEWISH BUILDS

Property Overview:
Price: $1,650,000
Property Type: Single Family Residence
Year Built: 2023
Size: 4 beds, 3 baths, 3,066 sqft
Key Features & Selling Points:
A custom-built, "Modern Tudor" by the award-winning firm Cedar & Oak, blending classic charm with contemporary design.
The home features high-end amenities, including a heated pool, turfed backyard, and a chef's kitchen with a marble island.
It is also equipped with smart home technology and energy-efficient systems for comfort and sustainability.
Financial Details:
Price per square foot: $538/sqft
Annual Tax Amount: $7,943
Est. Monthly Payment: $10,233/mo
HOA: None
Summary:
This 3,066 sqft, 4-bed, 3-bath custom-built "Modern Tudor" home is listed for $1,650,000. Completed in 2023, the property features a blend of classic design elements and modern luxury, including a heated pool, a chef's kitchen, and smart home technology. The home's "showpiece" status and high-end craftsmanship, combined with its significant increase in value, position it as a desirable and premium residence in Austin.
LAP OF LUXURY

Property Overview:
Price: $3,250,000
Property Type: Single Family Residence
Year Built: 2017
Size: 4 beds, 5 baths, 3,415 sqft
Key Features & Selling Points:
A modern luxury home designed by Cornerstone Architects, located in the historic Pemberton Heights neighborhood.
Features a private outdoor oasis with a heated pool, spa, outdoor kitchen, and gas fire pit.
The home includes a guest suite with a private entrance and a master bath with a "wet room" and heated floors.
Financial Details:
Price per square foot: $952/sqft
Annual Tax Amount: $49,442
Est. Monthly Payment: $21,285/mo
HOA: None
Summary:
This 3,415 sqft, 4-bed, 5-bath home is a modern luxury residence located in the prestigious Pemberton Heights neighborhood. Listed for $3,250,000, the home was designed by a reputable Austin architectural firm and features high-end amenities, including a private pool, spa, and outdoor kitchen. The property's high price per square foot is indicative of its premium location and sophisticated design, which is reflected in its high annual tax assessment.
RENTAL POTENTIAL

Property Overview:
Price: $925,000
Property Type: Single Family Residence
Year Built: 1969
Size: 4 beds, 3 baths, 1,644 sqft
Key Features & Selling Points:
A "stylishly remodeled" main home and a fully licensed garage apartment, offering a unique investment opportunity for rental income or a multi-generational living setup.
Features a single-level layout in the main house with an open kitchen, dining, and living area with wood floors and Silestone counters.
The home is located on a quiet cul-de-sac in the iconic 78704 ZIP code, known for its walkability and proximity to South Congress and downtown Austin.
Financial Details:
Price per square foot: $563/sqft
Annual Tax Amount: $17,683
Est. Monthly Payment: $5,736/mo
HOA: None
Summary:
This 1,644 sqft home is a rare investment opportunity in Austin's desirable 78704 ZIP code, listed for $925,000. It includes a tastefully remodeled 1969 single-family home and a key value-add: a fully licensed, income-producing garage apartment. The property's high price per square foot is justified by its potential for rental income and its prime location near popular Austin attractions, with a tax-assessed value of over $1 million.
BEST OVERALL

Property Overview:
Price: $639,000
Property Type: Single-Family Residence
Year Built: 2007
Size: 4 beds, 2 baths, 2,257 sqft
Key Features & Selling Points:
A single-story home with a flexible layout on a private half-acre wooded lot with a creek.
Features a chef's kitchen with a large island, a private primary suite, and an oversized 3-car garage.
Located in the Apache Shores community, offering access to Lake Austin via a private boat ramp and other amenities like a pool and tennis courts.
Financial Details:
Price per square foot: $283/sqft
Annual Tax Amount: $10,223
Est. Monthly Payment: $4,077/mo
HOA: $135 annually
Summary:
This 2,257 sqft, 4-bed, 2-bath home is listed for $639,000 and is situated on a private half-acre lot in the Apache Shores community. Built in 2007, the property features a single-story layout, solar panels, and an oversized 3-car garage. Its price per square foot is well below the city's median, which, combined with the low HOA fees and access to a private Lake Austin boat ramp and top-rated Lake Travis ISD schools, makes it an attractive offering.
VALUE FOR THE MONEY

Property Overview:
Price: $365,000
Property Type: Single-Family Residence
Year Built: 2004
Size: 3 beds, 2 baths, 1,609 sqft
Key Features & Selling Points:
A remodeled single-story home on a corner lot, featuring new wood flooring, freshly painted cabinets, and a spacious layout.
Includes a large, private backyard with a privacy fence and patio.
Located in a community with amenities such as parks, walking trails, and greenbelts, offering easy commuter access to downtown Austin.
Financial Details:
Price per square foot: $227/sqft
Annual Tax Amount: $7,112
Est. Monthly Payment: $2,312/mo
HOA: $25/mo
Summary:
This 1,609 sqft, 3-bed, 2-bath home is a well-priced, updated property in the Parkside at Slaughter Creek subdivision. Listed for $365,000, the home offers a single-story layout, a large backyard, and is located on a desirable corner lot. Its price per square foot is notably below the city's median, making it a competitive option for buyers seeking an affordable, move-in-ready home with a strong sense of community and convenient access to South Austin amenities and downtown.