1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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  9. Similar
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Status: Active

2704 Palomino Dr 
Austin, TX 78733

$650,000

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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!
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Bedrooms
3
Baths
1
House Size
2,435 sqft
Year Built
1979
Lot Size
0.31 ac
School District
Eanes ISD

Location

Market Insights

In the last 30 days, homes for sale in Lake Hills, TX were on the market for a median of 103 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Free-standing Range
Refrigerator
cooling
Central Air
Wall/window Unit(s)
features
Breakfast Bar
fireplace
None
flooring
Carpet
Laminate
Tile
heating
Central
Electric
laundry features
Laundry Closet
view
Trees/woods
window features
Blinds

Exterior Information

features
Boat Slip
Dock
fence
Fenced
Partial
patio and porch
None
pool
None
roof
Metal

Property Information

architectural style
1st Floor Entry
Multi-level Floor Plan
community
Clubhouse
Lake
Park
Playground
Pool
construction
Concrete
Frame
foundation
Slab
hoa fees
$350.00
Annually
lot
Level
other structures
Storage
parking
Off Street
Outside
sewer
Septic Tank
subdivision name
Austin Lake Estates Sec 02
utilities
Electricity Available
Phone Available
  • Listed By Amit Shanghvi
  • (512) 577-9400
  • Prem D Nasta, Broker
  • (512) 577-9400
  • prem.nasta@gmail.com
  • MLS 7189010

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$15,100 (+12.4%)$630,000$379,608$1,009,608 (+11.6%)
2023$13,429 (0%)$455,000$449,629$904,629 (+6.9%)
2022$13,429 (+37.3%)$455,000$391,022$846,022 (+47.2%)
2021$9,779$325,000$249,792$574,792

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$4,912

30 year fixed·6.9% interest rate
Principal & Interest
$3,425
Property Taxes
$1,258
Home Insurance
$200
HOA Fees
$29
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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