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$350,000

704 E Austin Ave, Round Rock, TX, 78664

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$394.14 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree Standing Gas Range, Free Standing Refrigerator
FlooringConcrete, See Remarks, Wood

Exterior

Exterior FeaturesNone
Lot Size10,350 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APNR-16-5500-000B-0010A
Lot Number10
SubdivisionStarkfield
Land UseResidential
Legal DescriptionSTARKFIELD, BLOCK B, LOT 10 PT 11 PT
Census Tract020701
Assessed Land Value$221,180
Assessed Improvement Value$133,835
Assessment Year2025

About this property

Come discover a prime Downtown Round Rock redevelopment opportunity on an approximately .1983-acre lot offering 8,640 square feet of land! The existing 2-bedroom, 1-bath residence requires substantial renovation, and the property is being marketed primarily for its land, location, and future potential. Recently rezoned from SF-2 to MU-L, Mixed-Use Limited, the property may support Downtown Residential uses, including multi-unit or clustered housing, a townhome-style concept, or other permitted mixed-use development, subject to City review and approval. Current MU-L standards may allow up to three principal buildings and up to 60% building coverage, subject to site-specific requirements. Located approximately one-half mile from the heart of Downtown Round Rock, including Main Street, Prete Plaza, the Round Rock Public Library, restaurants, shopping, and community events, roughly a 3-minute drive or 10-to-12-minute walk. Convenient access to IH-35 and US-79. Buyer to independently verify zoning, permitted uses, density, setbacks, utilities, easements, and all development requirements with the City of Round Rock. Bring your vision and become part of Downtown Round Rock’s next chapter!

Investor Tools

$0Estimated Mortgage Balance
$383,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

Interested in this property?

Ron Natal

Hart of Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,270
$355,015
2025
$221,180
$133,835
$355,015
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,270
$355,015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Round Rock

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