5704 Parkwood DR, Austin, TX — photo 1
Price CutEstimated by HomeLocating
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$850,000
4 beds3 baths2,033 sqft

5704 Parkwood DR, Austin, TX 78735

MLS #248195817 · Keller Williams Realty · Tana Campbell

Residential
Built in 1971
0.36 Acres Lot
$418/sqft

About this home

More than a remodel—this home has been thoughtfully reimagined from the inside out with over $250,000 in permitted renovations and major system upgrades. Situated on an oversized .3+ acre lot with mature oak trees, backing to greenspace on a quiet dead-end street, this 4-bedroom, 3-bath home offers the rare combination of an established setting with the feel and functionality of a newly rebuilt interior. The open-concept floor plan was professionally engineered with a structural engineer and features dramatic vaulted ceilings, abundant natural light, and all-new finishes throughout. Behind the walls, extensive improvements include a new plumbing system with PVC and PEX throughout, complete electrical rewire with upgraded main panel and subpanel, new HVAC ductwork, new blown-in insulation, new sheetrock, and triple-pane windows. Inside, enjoy all-new texture and paint, fixtures, stainless steel appliances, beautifully updated bathrooms, and a completely transformed living space designed for modern living. The finished 2-car garage includes new garage door openers. A standout feature is the separate bonus room and full bathroom with its own private entrance—ideal for a home office, guest or mother-in-law suite, multigenerational living, or potential income-producing space. Outside, the expansive lot and mature trees provide privacy and room to enjoy the outdoors, while the greenspace behind the property creates an especially peaceful setting. Located within highly rated schools, 5704 Parkwood delivers the character and lot size of an established neighborhood with extensive infrastructure, systems, and interior upgrades already completed.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1971
Full baths
3
Lot size
0.3595
Subdivision
Oak Park Resub Sec 02 & Sec 03
MLS area
W
MLS #
248195817

Features

Interior features

  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Multiple Dining Areas
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Garden
  • Private Yard

Additional details

Parking
Attached
Garage spaces
2
Roof
Composition
Foundation
Slab
Annual tax
$10,448

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Oak Hill
Middle
Small
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 5704 Parkwood DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
6.7 mi
Austin-Bergstrom Airport
11.5 mi

Straight-line distance, not drive time.

Market insights

Compared with 103 active homes in ZIP 78735 · HomeLocating listings

Area median price
$873,700
This home vs. median
3% below
Homes with a price cut
44%

At $850,000, this home is priced 3% below the $873,700 median across 103 active homes in ZIP 78735.

Estimated monthly payment

$5,523/mo
Principal & interest$4,298/mo
Property taxes
Home insurance (est.)

Home price

$850,000

Down payment

20% ($170,000)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Keller Williams Realty · Tana Campbell

Listing data last updated Oct 24, 2026, 11:46 PM

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