$500,000
NAL Estimated Property Value909 Hill Wood DR A & B, Austin, TX, 78745
Property Lead Type:
About this property
Very large lot with opportunity to build more for highest and best use. Buyer to verify any plans they have. $36,900 in annual rents with long term tenants in both sides; side B is on month-to-month - great opportunity for an owner occupant or investor. Side A is in great shape, side B needs to be completely redone. Photos are of side A when it was vacant, now occupied. Do not disturb tenants, please call Broker for appointment. An owner-occupant can purchase using an FHA loan with 3.5% down AND has the ability to roll in costs to remodel side B using an FHA 203k loan This is a great opportunity for buyers looking to build their wealth through real estate.
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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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