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This property has sold on July 30, 2025. Looking for something similar? Contact us or browse available homes.

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$735,000
last listedWhy you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
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 Type
Residential
Year Built
1970
Lot Size
0.21 acres
$/Sq Ft
$457
Listed by Bethany Weigl, Broker
Property Details
Verified property facts
704 Emerald Wood Dr is listed at $735,000 with 4 bedrooms, 2 full bathrooms, 1,608 square feet, 0.21-acre lot. This places it above the 78745 median of $479,000.
704 Emerald Wood Dr is zoned for Austin ISD with assigned schools: St Elmo (6/10) (elementary), Bedichek (2/10) (middle), Travis (high). School assignments should be verified directly with the district.
704 Emerald Wood Dr is a Residential built in 1970 featuring 4 bedrooms, 2 full bathrooms, 1,608 square feet, 0.21-acre lot.
704 Emerald Wood Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($147,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 704 Emerald Wood Dr is around $5,161 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($147K)
$735,000
Luxury property intelligence
A sourced read on Emerald Forest Sec 2 pricing, timing, and property scale. No automated valuation claim.
List price
$735,000
Price per sqft
$457/sqft
Vs. Emerald Forest Sec 2 median
Not available
Days on market
506 days
Original to current
$64K reduction
$799K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $735,000, 704 Emerald Wood Dr is in the Emerald Forest Sec 2 market where there are currently 167 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
704 Emerald Wood Dr was built in 1970 (56 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$799,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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