2704 palomino dr

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!