




$632,000
1903 Cannonwood Ln, Austin, TX, 78745
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About this property
Located in one of Austin's most sought-after zip codes, 78745, this property presents an unparalleled investment opportunity. Featuring 4 spacious bedrooms and 2 well-appointed bathrooms, this home is both functional and inviting. Notably, the roof was replaced in 2017, providing a strong foundation for any future renovations. Most recently leased at $1800 per month in its present condition, the property's potential is undeniable. With homes in the same neighborhood fetching prices upwards of $800K, this residence is ideally positioned as a prime candidate for a remodel or a savvy flip. Whether you're looking to capitalize on the robust Austin market or create a dream home, this opportunity is ripe with promise. Don't miss your chance to invest in the future of 78745!
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Learn About the Market: Opportunity in Austin




Explore
Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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