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Crystal Olenbush

512-344-6000
  • 704 Emerald Wood Drive

  • $775,000 REDUCED
  • 4 Beds, 2 Bath, 1608 SQ. Feet, 0.21 Acres Residential Austin, TX 78745

JUST RATED IN THE TOP 10% OF ALL AUSTIN AIR BNB LISTINGS BY AIR BNB!!! - THIS IS CURRENTLY A FULLY PERMITTED ACTIVE SHORT TERM RENTAL BUSINESS. This impeccably remodeled 4-bedroom, 2-bathroom home is a rare find, combining exceptional efficiency of design with outstanding investment potential. Fully permitted and operating as a high-performing short-term rental, this property is consistently booked, with AirDNA projecting $108k/year in income. For investors, it’s a turn-key opportunity, cash-flowing even with 20% down, thanks to its prime location, gorgeous finishes, and undeniable guest appeal. The home has been completely transformed inside and out, featuring new windows, insulation, drywall, finishes, fixtures, millwork, and appliances. Major systems, including the roof and HVAC, have been replaced, ensuring low maintenance for years to come. The newly renovated pool and landscaping create a tranquil backyard retreat, complete with a spacious pool deck and a huge private lawn, making it a favorite among guests and perfect for entertaining. Inside, you’ll find a stunning kitchen, luxurious bathrooms, and modern touches throughout, with top-tier craftsmanship in every detail. For buyers not looking to continue short-term rentals, this home is also ideal for a primary residence or vacation property, offering a move-in-ready space with premium upgrades and unbeatable convenience to downtown. Whether you’re seeking a profitable investment or a beautifully renovated home, this property delivers on every level. Schedule your private showing today!

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Essential Information

  • MLS® #9793191
  • Price$775,000
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,608
  • Acres0.21
  • Year Built1970
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address704 Emerald Wood Drive
  • SubdivisionEmerald Forest Sec 2
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78745

Amenities

  • FeaturesNone, Curbs
  • ParkingDriveway, Outside
  • ViewPool
  • WaterfrontNone
  • Has PoolYes

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Appliances

Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Disposal, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Wine Refrigerator, Washer

Exterior

  • WindowsDouble Pane Windows, Screens
  • RoofComposition
  • ConstructionMasonry, Vinyl Siding
  • FoundationSlab

Exterior Features

Lighting, Private Yard, Rain Gutters

Lot Description

Front Yard, Landscaped, Few Trees, Trees Small Size, Xeriscape

School Information

  • DistrictAustin ISD
  • ElementarySt Elmo
  • MiddleBedichek
  • HighTravis

Map & Directions

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Price Change History for 704 Emerald Wood Drive, Austin, TX (MLS® #9793191)

Date Details Price Change
Price Reduced (from $799,000) $775,000 $24,000 (3.00%)

Property Listed by: Bethany Weigl, Broker

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 18th, 2025 at 4:31am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.