Active Listing  ·  5 days on market

1301 Casey St #A

Austin, TX 78745
$475,000
3 Bed 3 Bath 1,401 sqft $339/sqft Built 2014 0.07 acres 1-Car Garage Pool Banister Acres Condo Am

Why pay 78704 prices when the best of South Austin is right outside your door? This move-in-ready three-bed, 2.5-bath home in 78745 is designed for the way Austin lives. The spacious open floor plan flows easily from kitchen to living, setting the stage for relaxed weeknights and effortless entertaining. The main-floor primary suite with ensuite bath offers a private retreat, while the generous backyard invites slow weekend mornings, evening gatherings, and room to unwind. Start your day with a stroll to Radio Coffee, spend afternoons at Zilker Park or Barton Springs, and end the night on South Congress or South Lamar, with Matt’s El Rancho just minutes away. Downtown, the airport, and St. David’s South Austin Medical Center are all close at hand via Ben White. Set in a neighborhood alive with new development, this is South Austin living at its most convenient and its most fun.

At $339/sqft, this home is 13% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1301 Casey St #A, Austin, TX 78745

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,401 sqft
Lot Size 0.07 acres (3,110.18 sqft)
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Banister Acres Condo Am
County Travis
Zip Code 78745
$/sqft $339/sqft
Days on Market ,
HOA $145/Monthly
Annual Tax Est. $11,036.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250246727
List Date October 19, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1406 Camelot Cir #2
Greenwood Forest Sec 02
$475,000 $418 3 bd / 2 ba 1,136 sqft , 2026-06-25
4415 Hank Ave
Banister Acres Sec 2
$475,000 $491 3 bd / 2 ba 967 sqft , 2026-08-11
400 Chippendale Ave
Greenwood Hills Sec 02
$479,000 $327 4 bd / 2 ba 1,464 sqft , 2026-10-01
1600 Grayford Dr
Southridge West
$465,000 $397 3 bd / 1 ba 1,171 sqft , 2026-09-02
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$490,000 $324 3 bd / 3 ba 1,514 sqft , 2026-06-24

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,280/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$95,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →