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$339,668
5114 Waterbrook Dr, Austin, TX, 78723
3 Beds
1 Bath
915 Sq Ft
Single Family Residence
$327.87 / sqft
Built in 1958Property Lead Type:
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage AvailableExterior
Private PoolBuilding Information
Land Information
About this property
INVESTOR SPECIAL - Prime Development Opportunity! - This property is a terrific find for savvy investor looking to capitalize on its prime location and buildable lot. Situated less than a mile from the vibrant Mueller Development, Dell Children's Hospital, and the scenic Morris Williams Golf Course, and backing to the serene Bartholomew Park and Pool, this lot offers incredible potential. The existing house requires complete renovation or tear-down, making it an ideal candidate for a new build or redevelopment project. The value lies in the oversized deep lot, which has been cleared and is ready for your vision. Don’t miss this chance to create something new in a highly desirable area!
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Learn About the Market: Opportunity in Austin
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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.
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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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