2704 Palomino Drive
Austin, TX 78733
2435 sqft | 3 beds | 1 bath | 0.31 acres | #7189010
Description
Located in the highly desirable Cuernavaca neighborhood within Eanes ISD, this spacious lot offers a rare blend of privacy, natural beauty, and investment potential. Situated in Austin’s 2-mile ETJ, the property benefits from lower property taxes (1.49%) and fewer building restrictions.
Just a short walk to Lake Austin and minutes from Commons Ford Park, the home is ideally located—20 minutes to Downtown Austin, 15 mins to the Hill Country Galleria, and 20 mins to Barton Creek Square Mall.
The main home was leased till July 2025 for $3,800/month, providing immediate rental income. A separate ADU offers flexible space for a home office, guest suite, or additional living area.
Whether you plan to move in, lease, or renovate, the possibilities are wide open. Enjoy peaceful surroundings with deer by day, starry skies by night, and access to a voluntary HOA with private lake access and a lakefront community pool.
Live in it, rent it out, or reimagine it—this property is full of potential. Reach out today to schedule a tour!
Property Details
- InteriorBreakfast Bar, Interior Steps, Multiple Living Areas
- Utility FeaturesElectricity Available, Phone Available
- SubdivisionAustin Lake Estates Sec 02
- Exterior MaterialsBoat Slip, Exterior Steps
- Utility SourceMunicipalUtilityDistrict
- Lot DescriptionLevel, Trees Large Size
- Property SubtypeSingleFamilyResidence
- Elementary SchoolBarton Creek
- ViewTrees Woods
- Sewer InformationSeptic Tank
- Middle SchoolWest Ridge
- School DistrictEanes ISD
- Property TypePurchase
- High SchoolWestlake
- Original List Price$650,000
- Taxes Annual$10,705
- MLS #7189010
- MLS #7189010
- CountyTravis
- Cost650000
- Property ConditionResale
- Acres0.305
- Square Feet2435
- Year Built1979
- FoundationSlab
- Hoa Fees350
- Days on Market (Cumulative)80
- Bedrooms3
- Bathrooms1
- Full Baths1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-09-04 18:41:12 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated:Â . Source: ACTRIS
Listing Courtesy
Listing Agent: Amit Shanghvi (#655723), Phone: (512) 577-9400
Listing Office: Prem D Nasta, Broker (#2353)

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