7004 Millrace Dr, Austin, TX 78724
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Property image
OFF MARKET

7004 Millrace Dr
Austin, TX 78724

  • Studio
  • 1,905 sqft
Studio
1,905 sqft

Local Information

  • Map ViewExplore the area around 7004 Millrace Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1980
Living Area
1,905 sqft
Parking
Garage

About this House

Rare opportunity to acquire eight contiguous units (6904, 6908, 7002, 7004 Millrace Dr) in rapidly gentrifying East Austin for under $125,000 per unit. We've beautified the exteriors, as well as recently vacated units to give you a sense of what the potential is for these properties. Rents should be raised significantly as tenants move out. Must be sold as a package. Serious investors only, please; preference for cash or commercial-loan purchasers.
7004 Millrace Dr, Austin, TX 78724 is a studio, 1,905 sqft multi-family built in 1980. More recently, it was listed as a rental in August 2025 with an asking price of $1,495 per month. That rental listing was removed on March 27, 2026. It is currently off market. The Trulia Estimate rent is $2,007/month.

Home Details for 7004 Millrace Dr

Interior Features

Heating & Cooling
Heating: Other, GasAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 9016 sqft

Price History for 7004 Millrace Dr

DatePriceEventSource
03/27/2026$1,395ListingRemovedUnlock MLS #6402184
01/08/2026$1,395PriceChange
Unlock MLS #6402184
10/03/2025$1,450PriceChange
Unlock MLS #6402184
08/05/2025$1,495Listed For RentUnlock MLS #6402184
05/03/2018$249,900ListingRemovedAgent Provided
04/18/2018$249,900Listed For SaleAgent Provided
01/18/2008$148,000ListingRemovedAgent Provided
11/14/2007$148,000Listed For SaleAgent Provided

Market trends in Austin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$570K
$15.83KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$302
$7MoM
Available listings
5662
60MoM
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Property Tax and Assessment

Year2025
Tax$7,451
Assessment$364,086
Home facts updated by county records

Comparable Sales for 7004 Millrace Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5201 Raton Pass, Austin, TX
0.37
Multi-Family Home
-
05/15/26
3
2
975
8203 Riverstone Dr, Austin, TX
1.78
Multi-Family Home
-
10/08/25
-
2,356
8201 Riverstone Dr, Austin, TX
1.76
Multi-Family Home
-
06/22/26
4
4
780
2706 Wheless Ln, Austin, TX
1.46
Multi-Family Home
-
04/08/26
2
1
750
8412 Garcreek Cir, Austin, TX
1.84
Multi-Family Home
-
05/08/26
-
3,968
1306 E Saint Johns Ave, Austin, TX
2.57
Multi-Family Home
-
12/10/25
4
2
2,091
7406 Bethune Ave, Austin, TX
3.02
Multi-Family Home
-
03/22/26
1
1
764
6902 Carver Ave #B, Austin, TX
3.07
Multi-Family Home
-
02/06/26
2
3
1,100
9515 Aberdeen Way, Austin, TX
3.48
Multi-Family Home
-
04/24/26
-
1,983
6902 Carver Ave. #B, Austin, TX
3.30
Multi-Family Home
-
02/06/26
2
3
1,100

Nearby homes

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Assigned Schools

These are the assigned schools for 7004 Millrace Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Austin

At least 6450 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say parking is easy

  • 75 % Say there are sidewalks

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 58 % Say kids play outside

  • 52 % Say streets are well-lit

  • 51 % Say it's walkable to restaurants

  • 51 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tom Barnett
    "Our park on the lake is great for many big events during the year such as July 4th or Easter. "
    0
    Flag
  • EM
    "love this area! People are kind, dogs are all well behaved and mostly quiet, good walking spots! feels safe even in the evening"
    0
    Flag
  • Nick Sicam
    "Plenty of sidewalks for dog walking and wide neighborhood streets . Plenty of parks as well"
    0
    Flag
  • B.sells
    "We absolutely love living in this neighborhood! Everyone here is incredibly friendly and welcoming. People take great pride in their homes and lawns, which makes the entire area feel beautiful and well cared for. It’s also very dog-friendly, and the walking trails surrounding the neighborhood are perfect for daily walks and getting outside. Our neighbors are polite, respectful, and the community is generally very quiet and peaceful. It’s been such a wonderful place to call home!"
    0
    Flag
  • Adriana
    "A solid, unpretentious neighborhood where people genuinely look out for each other. It feels safe enough that early morning solo runs before sunrise are no big deal, and you’ll often cross paths with neighbors walking their dogs. Kids play outside, which says a lot about a place. It’s quiet and green, with mature trees that give it a settled, established feel. For all that calm, you’re still just minutes from downtown Austin and the shops and restaurants at Mueller. Commuters will appreciate the easy access to major freeways — it’s one of those rare spots where you get peaceful streets without sacrificing convenience. I’ve lived here for 9 years."
    0
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  • Trulia User
    "Neighbors actually look out for each other - the kind of place where someone sets out seeds and dried plants for anyone who wants them. Kids play outside, and people say hello when they pass. It’s a good spot to call home."
    0
    Flag
  • Trulia User
    "Convenient and easy to commute to and from, close to downtown and the lake. Easy shopping and some restaurants close."
    1
    Flag
  • Niyiriss
    "I have lived in this neighborhood for over 3 years and I love it here. We are a family of 5 and I have kids, all my family loves it here."
    0
    Flag
  • Diana Figueroa
    "Lots of families and dog walkers. Close to lots of shopping centers and grocery stores. Good schools nearby. Houses are a little pricey."
    0
    Flag
  • Ashlynncoffee
    "We have such friendly & caring neighbors! People with children who love to garden & care for animals. Always saying hello and asking if we need anything. It’s a great place to live!"
    0
    Flag
  • Anne Marie Ioliver
    "It is very quiet in Pflugerville. It is very peaceful here. I enjoy walking in the parks and by Lake Pflugerville."
    0
    Flag
  • Klsbean
    "My son and family have lived in Brentwood for over 10 years. This neighborhood is fabulous, a real sense of community. My grandsons go to the elementary school and they love it. "
    0
    Flag
  • Katherine Tarr
    "Wonderview Preschool is an excellent preschool. This neighborhood is filled with families, walking there, dogs, and pushing strollers. It’s just a fun place to be."
    1
    Flag
  • Sharptopbear
    "Waste stations provided and serviced by HOA. Low traffic area with sidewalks. Friendly neighbors……."
    0
    Flag
  • JLMB
    "A close to key conveniences- grocery, pharmacy , clothes shopping , library. etc. Good walking but no dry cleaner, bank etc. Quality Public transportation is lacking . This is not a real traditional large city . It is a sunbelt city grafted in to an older smaller community ."
    0
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  • Rhemnaq
    "The neighborhood kids seem to love it I saw a few of them playing on the block safely and the other parents seem to be very attentive "
    0
    Flag
  • Jake Finsta
    "There is a high school next door and the neighborhood is always very lively. Not a ton of specific events that are thrown, but great city "
    0
    Flag
  • Daniel.becka
    "Lots of dogs in the neighborhood, walking and running. Lots of green space for them to explore. Very pet friendly. "
    1
    Flag
  • Chad Yokum
    "This neighborhood is not near public transportation. During peak hours, 7:30am-9am and 3:45-6:30 it can take 45-50 minutes to get downtown. It’s just 20 minutes when traffic is flowing. "
    1
    Flag
  • Crystal Sheffield
    "I live in this area commute to work, no problems and privacy. Apartment is very attentive to service calls. "
    0
    Flag
  • Karina Mendoza
    "Super close to the freeway and honestly tucked away so hardly any traffic ever and I love it and would definitely recommend the area. The only downside is is sometimes the homeless population gets a little out of control and can be quite aggressive. They also dumpster dive very frequently, but for the most part, they are really nice and respectful."
    1
    Flag
  • Crystal Sheffield
    "Not a bad neighborhood, there are kids for couples with children. I haven’t had any packages stolen. Or maintenance problems."
    0
    Flag
  • Shery Abbassi
    "Aggressive dogs not on leash and owners making you feel like it’s your fault an your dogs issue and they are entitled "
    0
    Flag
  • Unspecified
    "It’s family friendly and plenty of things to do for all ages. Many restaurants to choose from and lots of choices for retail shopping and grocery shopping. "
    0
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  • Vivian Balderas
    "Food truck really close walkable distance to anything and everything. Friendly neighborhood. I’ve met half the people on my block. A lot of people walk their dogs. It’s a family friendly neighborhood. I see the neighbors walking with their children and their families are comfortable visiting them here in this neighborhood. I feel safe in this neighborhood. It’s a quiet neighborhood. There’s the capital Metro rail and it’s not loud. It’s Neighbourhood friendly. I recently had a tree farm in my yard and someone visiting a neighbor on my block, called the police department for me and notified me right away during the storm."
    0
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  • Colleen Kerstein
    "Highpointe of Dripping Springs is a great family development.There are schools and shopping nearby. "
    0
    Flag
  • Raychen2
    "A lot of churches within walking distance. And a very safe community with primary school within walking distance. It has a community park within walking distance, a very friendly neighborhood."
    0
    Flag
  • Masters.smh
    "Large homes and lots with quiet streets. 15 minutes to downtown! Lots of trees and cul de sacs. We love our neighborhood! "
    0
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  • Chadyokum
    "Nice, has all shopping, nice homes, trees, everything you need. Great schools too. Tons of families and kids run free in our hood. "
    0
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  • Katy Glazebrook
    "Good during off season of school. Not great once school in session as there is really only one way in and out to here."
    0
    Flag
  • Jenniemgloyd
    "Tons of ppl walking dogs. Very dog friendly. Lots of poop stations. People and dogs friendly. Clean parks. "
    0
    Flag
  • Carol Higgins
    "Pet friendly, quiet and clean Safe area and well lit, stable neighborhood Walking is easy and close to a park "
    0
    Flag
  • Angela D. Jenkins-bey
    "Parks close by. Futsal court at high school. Bike to mueller. Close to everything. Bus access is good. "
    0
    Flag
  • Kate.mettam
    "Commute once a week to the airport and it’s a very quick drive cutting under the main congestion of the city. "
    2
    Flag
  • Kait
    "I live 40 minutes away from downtown Austin, and have to drive. Traffic can make the drive longer. There is no public transportation that would get me from my neighborhood near Lake Travis to downtown."
    0
    Flag
  • Rdvnv4mn5n
    "Community events in many different areas around Lake Travis such as art and craft fairs, farmers markets, concerts, etc"
    0
    Flag
  • Manoj.vastrad
    "Quiet and tree lined. Not crowded but easy access to amenities. Close to shopping, restaurants, grocery, movie theatre. "
    0
    Flag
  • Khonnick
    "This is a dog loving neighborhood. Most of my neighbors have dogs. People seem to take good care of their pets and clean up after them properly. "
    0
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  • Cliff Tayliam
    "I do no know . People walk their dogs no problem. The dogs are friendly. Totally normal and safe. People also pick up after their dogs"
    0
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  • Heather N.
    "Galindo is very community oriented. We often have block parties and neighborhood get togethers. The neighborhood association is very active as well."
    0
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Homes for sale near 7004 Millrace Dr

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Off Market Homes Near 7004 Millrace Dr

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