Active Listing  ·  21 days on market

704 Buckingham Pl

Austin, TX 78745
$325,000
3 Bed 2 Bath 1,552 sqft $209/sqft Built 1973 0.15 acres Pool Buckingham Estates Sec 01

A South Austin address this walkable rarely comes with two living areas and a fenced lot shaded by mature oaks. Sitting in Buckingham Estates just off South 1st and William Cannon, this remodeled single-story home puts Thicket Food Park, DK Sushi, and Taquerias Arandas within a short stroll, with Bouldin Creek, South Congress, and Downtown a quick drive away.

Three bedrooms, two full baths, and 1,552 square feet per tax records sit on one level with no stairs anywhere. High ceilings and wide windows keep the main living room bright, and it opens directly to the dining area and the updated kitchen with stainless steel appliances, gray subway tile backsplash, light cabinetry, and a window over the sink. Sliding glass doors connect the living space to the backyard.

The primary bedroom sits privately at the back of the plan with its own bath and closet. Two more bedrooms and a full bath with a subway tile tub surround anchor the front, and a laundry closet keeps the layout efficient.

The fully converted garage is the difference maker. At roughly 18 by 21 feet, this flex space works as a home office, gym, creative studio, or second living area, and it carries income potential in South Austin's rental market down the road.

The heavy lifting is already done. Major system upgrades include updated electrical, a replaced sewer line, sealed AC ducts, and an updated French drain.

Out back, the fully fenced 0.153-acre yard and mature shade trees give you room to entertain, garden, or let the dog run. Armadillo Park sits minutes away, the South 1st H-E-B and Sunset Valley shopping are close, and ABIA is an easy drive. Austin ISD serves the neighborhood.

Built in 1973 and updated for how buyers live now, this is 78745 value with the renovation work already behind it. Schedule your private showing today.

At $209/sqft, this home is 47% 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 $325,000
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 $209/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,512.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246375446
List Date September 17, 2026
Elementary School Williams
Middle School Covington
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 17, 2026 $325,000
Previous ask $350,000
Current ask $325,000
▲ Increased , (+0.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
5800 Breezewood Dr
Flournoys Sweetbriar Sec 06
$325,000 $278 4 bd / 2 ba 1,170 sqft , 2026-06-25
512 Eberhart Ln #1905
Sweetbriar Garden Homes Condominium
$320,000 $233 2 bd / 3 ba 1,372 sqft , 2026-09-03
6001 Leisure Run Rd
Turtle Creek Estates Sec 01
$315,000 $245 3 bd / 2 ba 1,287 sqft , 2026-02-12
142 Thelonious Dr
7300 South Congress
$339,999 $213 3 bd / 3 ba 1,594 sqft , 2026-02-19
7106 Moat Cv
Buckingham Estates Ph 2 Sec 2
$348,900 $318 3 bd / 2 ba 1,096 sqft , 2026-06-04

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 7, 2026.

📞 (254) 718-2567 [email protected] More about Luke →