About This Home
Investor-focused opportunity in highly desirable Legend Oaks. This property presents a rare chance to secure a value-add project in one of Southwest Austin's most established and sought-after neighborhoods. Largely untouched for many years, the home offers a clean slate for investors seeking to maximize returns through a comprehensive renovation rather than paying for recent updates that may ultimately be removed during a remodel. With an estimated after-repair value of approximately $670,000-$700,000, buyers can acquire the property today, collect rental income through the current lease term, and begin renovation plans ahead of the tenant's anticipated move-out in April 2027. The home's original condition provides significant upside and flexibility to create a finished product tailored to current market demand. Opportunities to purchase a true renovation candidate in Legend Oaks are increasingly rare. Whether you're a seasoned flipper, builder, or long-term investor looking for equity upside, this property offers strong potential in a location with proven buyer demand and limited inventory. Opportunities like this don’t come along often. Automatic sprinkler system. Legend Oaks community residents enjoy access to a pool, tennis courts, splash pads for children (all only 1 block from home) and hike & bike trails! Highly rated/acclaimed schools, Mills, Small and Bowie schools. Home is walking distance to the community pool, playground, tennis courts, and a trailhead for the neighborhood greenbelt. 4 sides brick home for extra efficiency. Owner/Agent.
At $286/sqft, this home is 27% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
Property Details
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