Active Listing  ·  103 days on market

200 W 56th St #2103

Austin, TX 78751
$489,999
3 Bed 3 Bath 1,525 sqft $321/sqft Built 2025 2-Car Garage Pool New Construction Koenig Townhomes

New Construction! *Builder offering up to 4% in closing costs of total sales price + Owners Title Policy w/ builders approved lender and Title company. * An incredible opportunity to be part of a 32 Unit Boutique community nestled in Central Austin. This 3 bedroom/3 bath townhome features high-end finishes like upgraded RevWood flooring, quartz countertops and stainless-steel appliances. This is affordable living with unmatched convenience to all that Austin has to offer. Residents are walking distance to N Lamar, all neighborhood shops, restaurants, and bars of 53rd street, the Triangle, and many other premier Austin hotspots. Easy access to I35, 290, and Mopac, and other major fairways, it truly is the epitome of high style Austin city living. Buyer to verify all info.

At $321/sqft, this home is 18% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

200 W 56th St #2103, Austin, TX 78751

Property Details

Price $489,999
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,525 sqft
Lot Size ,
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Koenig Townhomes
County Travis
Zip Code 78751
$/sqft $321/sqft
Days on Market ,
HOA $310/Monthly
Annual Tax Est. $10,647.27
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228991780
List Date May 11, 2026
Elementary School Reilly
Middle School Lamar (Austin ISD)
High School McCallum
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 11, 2026 $499,999
Current ask $489,999
Reduced $10,000 (-2.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6706 Isabelle Dr
Huntland Heights Sec 01
$499,000 $319 3 bd / 1 ba 1,564 sqft , 2026-07-23
200 W 56th St #1104
Koenig Townhomes
$499,999 $328 3 bd / 3 ba 1,525 sqft , 2026-05-11
200 W 56th St #8103
Koenig Townhomes
$519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11
200 W 56th St #8102
Koenig Townhomes
$519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11
503 Brentwood St
Plaza Place
$525,000 $446 3 bd / 2 ba 1,176 sqft , 2026-03-03

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
$2,352/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
$98,000
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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 August 20, 2026.

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