704 Emerald Wood DR, Austin TX 78745

Austin, TX 78745 | Emerald Forest

Ed's Opinion of Value

$249,830 Ed's Estimate: $450,720 $639,000
Lowest Comp Recommended List: $550,000 to $599,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $450,720. If we were to list this property today, I'd recommend a list price in the $550,000 to $599,000 range. Buyers shopping in EMERALD FOREST right now would see this as a well positioned option among 5 comparable homes. Being 259 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 7 of the comps had one. With 5 similar homes currently listed in EMERALD FOREST (a buyer's market), competition is a factor to consider. The 6 month price trend in EMERALD FOREST: fallen 44.8%. The best comp here is 817 Glen Oak DR, Austin TX 78745 at an adjusted value of $411,336, with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in EMERALD FOREST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
2 Baths 2 Full
1,608 Sq Ft
0.208 Acres
1970 Built

About This Property

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!

Property Highlights

Pool Electric Heat, Fiberglass, In Ground, Outdoor Pool

Features

  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Quartz Counters
  • High Speed Internet
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat

Location

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Schools

School District Austin ISD
Elementary St Elmo
Middle School Bedichek
High School Travis

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior Gutters Full, Lighting, Private Yard
County Travis
MLS # 9793191

Tax Information

Annual Taxes $8,542 (2023)

Listing History

MLS# 9793191 - Updated Mar 16, 2026 182 days (245 CDOM)
Jul 31, 2025 Off Market
May 27, 2025 Price Change $735,000
Jan 12, 2025 Listed $799,000

Frequently Asked Questions About 704 Emerald Wood DR, Austin TX 78745

When was 704 Emerald Wood DR, Austin TX 78745 built?

704 Emerald Wood DR, Austin TX 78745 was built in 1970.

How much does 704 Emerald Wood DR, Austin TX 78745 cost?

704 Emerald Wood DR, Austin TX 78745 sold on July 31, 2025. Contact us for sale price details.

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