Active Listing  ·  119 days on market

1405 Casey St #B

Austin, TX 78745
$525,000
3 Bed 3 Bath 1,776 sqft $296/sqft Built 2019 0.08 acres 2-Car Garage Pool Banister Acres 2nd Resub Pt Lt

Welcome to 1405 Casey St. #B, a light-filled modern home in the heart of South Austin's highly desirable 78745. Perfectly positioned just minutes from South Congress (SoCo), South Lamar, Downtown Austin, Zilker Park, Barton Springs, and Austin-Bergstrom International Airport, this home offers the ideal blend of style, convenience, and location.

Step inside to discover an airy, open-concept floor plan designed to maximize natural light. Expansive windows flood the living spaces with sunshine, creating a warm and inviting atmosphere throughout the home. The thoughtfully designed layout seamlessly connects the living, dining, and kitchen areas, making it ideal for both everyday living and entertaining.

The kitchen features modern finishes, ample cabinetry, and generous counter space, while the spacious bedrooms provide comfortable retreats filled with natural light. Whether you're enjoying your morning coffee by the windows or hosting friends for dinner, every space feels bright, fresh, and welcoming.

Location is everything, and this home truly delivers. Enjoy quick access to some of Austin's favorite restaurants, coffee shops, breweries, boutique shopping, live music venues, and local hotspots. Spend weekends exploring South Congress, dining along South Lamar, cooling off at Barton Springs, or enjoying the vibrant energy of Downtown Austin. With grocery stores, parks, fitness studios, and everyday conveniences just minutes away, you'll enjoy everything that makes South Austin one of the city's most desirable places to call home.

Whether you're searching for a primary residence, a lock-and-leave home, or an investment opportunity in one of Austin's most sought-after neighborhoods, 1405 Casey St. #B offers modern comfort, abundant natural light, and an unbeatable South Austin location.

Schedule your private showing today and experience everything this exceptional 78745 home has to offer.

At $296/sqft, this home is 24% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1405 Casey St #B, Austin, TX 78745

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,776 sqft
Lot Size 0.08 acres (3,628.55 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Banister Acres 2nd Resub Pt Lt
County Travis
Zip Code 78745
$/sqft $296/sqft
Days on Market ,
HOA $315/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240105607
List Date July 16, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
School District Austin ISD

Austin ISD

Joslin · Covington · Crockett

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.

Schedule a Call →

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
4702 Everglade Dr
Park Forest Sec 01
$525,000 $355 3 bd / 2 ba 1,479 sqft , 2026-08-08
2013 Southern Oaks Dr
Fairmont Park Sec 1
$534,900 $352 3 bd / 2 ba 1,520 sqft , 2026-07-24
2003 Fair Oaks Dr
Southern Oaks Sec 01
$539,999 $343 3 bd / 2 ba 1,575 sqft , 2026-08-28
4904 Enchanted Ln
Park Forest Sec 02
$540,000 $386 3 bd / 2 ba 1,400 sqft , 2026-09-10
610 Clifford Dr #B
Harkins C E
$509,000 $440 2 bd / 3 ba 1,158 sqft , 2026-11-01

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (assumed ~2.1%)−$919
Insurance (assumed ~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 · 41 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. The written content was last updated on July 26, 2026.

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

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