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$779,806

605 Peacock LN 2, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,947 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$459.68 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Electric Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,036 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04050513030000
Lot Number2
SubdivisionPeacock Condominiums Four Amended
Land UseResidential
Legal DescriptionUNT 2 PEACOCK CONDOMINIUMS FOUR AMENDED PLUS 25.0 % INT IN COM AREA
Census Tract001307
Assessed Land Value$164,063
Assessed Improvement Value$615,743
Assessment Year2025

About this property

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.

Investor Tools

Property Icon
$779,806
Estimated Property Value
$0Estimated Mortgage Balance
$779,806Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,431/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,273
$779,806
2025
$164,063
$615,743
$779,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,273
$779,806

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$779,806
100%
0%
$0/mo

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

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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605 Peacock LN 2 | Property Details | No Agent List