2704 Palomino Drive, Austin, TX

$650,000

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3

Beds

1

Bath

2,435

Square feet

0.31

Acres

About 2704 Palomino Drive

RARE 2 adjacent lots available!! The adjacent empty 0.30 acre VACANT LOT is available FOR SALE (separately or together with this home) under Unlock MLS # 3806772 for $500,000. This home is located in the highly desirable Cuernavaca neighborhood within Eanes ISD, the spacious lot for this home 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. There’s also a detached ADU that works perfectly as a home office, guest suite, or extra living space. This home + ADU (Casita) was leased till July 2025 for $3,800/month, providing a steady income while you plan your next move. 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. Whether you plan to move in, lease, or renovate, the possibilities are wide open. Enjoy peaceful days, starry skies at 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!

Features of 2704 Palomino Drive

MLS® # 7189010
Price $650,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 2,435
Acres 0.31
Year Built 1979
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 2704 Palomino Drive
Area 8W
Subdivision Austin Lake Estates Sec 02
City Austin
County Travis
State TX
Zip Code 78733

Amenities

Utilities Electricity Available, Phone Available
Features Clubhouse, Lake, Playground, Park, Pool, Planned Social Activities
Parking Off Street, Outside
View Trees/Woods
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Carpet, Laminate, Tile
Appliances Dishwasher, Free-Standing Range, Refrigerator
Heating Central, Electric
Fireplace No
Fireplaces None
Stories Three Or More

Exterior

Exterior Features Exterior Steps, Boat Slip
Lot Description Level, Trees Large Size
Roof Metal
Construction Frame, Concrete
Foundation Slab

School Information

District Eanes ISD
Elementary Barton Creek
Middle West Ridge
High Westlake

Additional Information

Date Listed June 16th, 2025
Days on Market 119
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePrem D Nasta, Broker
Contact Info(512) 577-9400

Listing Map

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