




$779,806
605 Peacock LN 2, Austin, TX, 78704
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Quietly tucked into the back of a boutique complex in the heart of 78704, this stand-alone property serves as a peaceful & functional retreat with amazing proximity to Downtown Austin, the Airport, & the vibrant South Congress, 1st, and Lamar areas. Upon entering, you’re greeted by warm wood floors, views of greenery, & plenty of natural light provided by walls of windows. The living area features a custom fireplace surrounded by built-in bookshelves and cabinetry. The eat-in kitchen is fully renovated with quartz countertops, a large island, bar seating, a built-in bar & wine fridge, & a deep farm sink perfectly positioned to overlook the living, dining, and backyard. The oversized primary suite boasts vaulted ceilings, ample space for a king bed and sitting areas, & a lux bathroom with a walk-in shower, soaking tub, & dual vanities. Generously sized secondary bedrooms share a large bathroom with a bathtub. The spacious backyard includes a recently expanded patio covered by a shade sail and misters, custom welded planter boxes with native plants, & a large grassy area, all maintained by an automated irrigation system. Other features include a rare 2-car garage with built-in storage solutions and 2 guest parking spots for the complex. Sellers have done tasteful and functional updates including a fully renovated kitchen and living room with custom features, a complete backyard renovation, 2020 HVAC, window coverings, garage storage, and a built-out primary closet. This property’s prime location also offers excellent walkability to nearby parks, trails, and eateries. Enjoy easy walks to South Austin Park for pickleball & tennis, walking trails, and playgrounds, or local favorites like Toss Pizzeria & Pub and Summer Moon Coffee. Truly an incredible offering for the price! The HOA covers insurance, lawn maintenance, & water. HOA owners recently elected to increase fees from $250/mo to $400/mo to build reserves after an improvement project to lighting and landscaping.
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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.
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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