Backup offers
$10,000 Closing Credit¹
#4787037, Katie Lane, Listing Office: Keller Williams Realty
$9,488
closing credit¹
704 Emerald Wood Dr Austin, TX 78745
$799,000 List price
$9,488
Closing credit¹
4 beds
2 full
1,608 sqft
0.2 acres
$497 / sqft
House
Property details
About 704 Emerald Wood Dr
This impeccably remodeled 4-bedroom, 2-bathroom home is a rare find, combining exceptional efficiency of design with outstanding investment potential. Fully permitted and operating as a high-performing short-term rental, this property is consistently booked, with AirDNA projecting $108k/year in income. For investors, it’s a turn-key opportunity, cash-flowing even with 20% down, thanks to its prime location, gorgeous finishes, and undeniable guest appeal. The home has been completely transformed inside and out, featuring new windows, insulation, drywall, finishes, fixtures, millwork, and appliances. Major systems, including the roof and HVAC, have been replaced, ensuring low maintenance for years to come. The newly renovated pool and landscaping create a tranquil backyard retreat, complete with a spacious pool deck and a huge private lawn, making it a favorite among guests and perfect for entertaining. Inside, you’ll find a stunning kitchen, luxurious bathrooms, and modern touches throughout, with top-tier craftsmanship in every detail. For buyers not looking to continue short-term rentals, this home is also ideal for a primary residence or vacation property, offering a move-in-ready space with premium upgrades and unbeatable convenience to downtown. Whether you’re seeking a profitable investment or a beautifully renovated home, this property delivers on every level. Schedule your private showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,608 sqft
Lot size0.208 Acres
Year built1970
ParkingDriveway, Outside
MLS #9793191
ViewPool
Private poolYes
Summary
- MLS Number: 9793191
- MLS Name: ACTRIS
- Office Name: Bethany Weigl, Broker
- Office Phone: (512) 585-4321
- Listing Agent: Bethany Weigl
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/31/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,000
704 Emerald Wood Dr
$9,488
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $472,124 | $3,180 |
| 2023 | $578,084 | $3,180 |
| 2022 | $628,065 | $3,180 |
| 2021 | $371,865 | $3,316 |
| 2019 | $307,326 | $7,250 |
| 2018 | $279,387 | $5,623 |
| 2017 | $253,988 | $5,149 |
History based on county public records data.
Nearby schools
7
St. Elmo Elementary School
Public District PK-5
0.7 mi
•600 W Saint Elmo Rd
6
Odom Elementary School
Public District PK-5
0.8 mi
•1010 Turtle Creek Blvd
5
Pleasant Hill Elementary School
Public District EE-5
1.2 mi
•6405 Circle S Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,369. The majority of Austin, TX residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
62%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
12%
Single, with Kids
26%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Music Concerts
Where do the neighbors shop?
IKEA
Crate & Barrel
H&M
Where do the neighbors go to eat?
Quiznos
Starbucks
Chipotle
What do the neighbors drive?
Lexus
BMW
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 704 Emerald Wood Dr
This home is located at 704 Emerald Wood Dr in Austin, TX and zip code 78745 in the Emerald Forest neighborhood. This 1,608 square foot home, which was built in 1970, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 12, 2025 and is currently priced at $799,000.
In December 2024 more than 68 listings in Austin, TX were sold above the asking price. During the same period more than 88 listings were sold at asking price, while more than 510 were sold below. Between November and December 2024, Austin, TX real estate market has seen decrease in the number of listings by 5.2%. In December 2024 median list price was $571,744 and the average listing age was 71 days.
From Rocket Homes Real Estate and based on county public records data.