Active Listing  ·  126 days on market

704 Buckingham Pl

Austin, TX 78745
$360,000
3 Bed 2 Bath 1,552 sqft $232/sqft Built 1973 0.15 acres Pool Buckingham Estates Sec 01

Welcome to your turnkey South Austin retreat! This beautifully remodeled 3-bed, 2-bath home is bright, airy, and completely move-in ready. You'll love the high ceilings, sun-drenched living areas, and sleek updated kitchen. Best of all, you can skip the renovation headaches. The heavy lifting is already done with major system upgrades—including new electrical, a replaced sewer line, sealed AC ducts, and a new French drain—giving you total peace of mind.

Need extra room? The fully converted garage is a total game-changer. Whether you're dreaming of a spacious home office, a dedicated gym, a creative studio, or want to tap into South Austin's rental market for extra income, this massive flex space has you covered.

The neighborhood vibe is exactly what you want—especially the walkability. Leave the car in the driveway and take a quick stroll over to Thicket Food Park, DK Sushi, and Taquerias Arandas, plus everyday conveniences right down the street. When you do want to venture further, you're a super quick drive to the amazing food and scenes in Bouldin Creek, South Congress, and Downtown. With Sunset Valley shopping, ABIA, and your local H-E-B just minutes away, everything you need is right in your backyard.

At $232/sqft, this home is 41% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

704 Buckingham Pl, Austin, TX 78745

Property Details

Price $360,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,552 sqft
Lot Size 0.15 acres (6,664.68 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Buckingham Estates Sec 01
County Travis
Zip Code 78745
$/sqft $232/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,048.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224194445
List Date March 31, 2026
Elementary School Williams
Middle School Bedichek
High School Crockett
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
707 Great Britain Blvd
Buckingham Estates Ph III Sec
$360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17
16019 Agua Vis
NA
$360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13
5510 Manor Rd #A
Fairey Oaks Sec 2
$360,000 $232 3 bd / 2 ba 1,555 sqft , 2026-03-13
2301 Lawnmont Ave #1
Heritage Square Condo
$360,000 $316 2 bd / 2 ba 1,141 sqft , 2026-03-05
10604 Menominee Falls Ln
PIONEER CROSSING EAST
$360,000 $189 4 bd / 2 ba 1,908 sqft , 2026-05-08

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,728/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$72,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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