Active Listing  ·  18 days on market

200 W 56th St #7104

Austin, TX 78751
$549,999
3 Bed 3 Bath 1,520 sqft $362/sqft Built 2025 2-Car Garage Pool New Construction Koenig Townhomes

Model Home now for sale. New Construction! *Builder offering up to 3% 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. 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 $362/sqft, this home is 7% 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

200 W 56th St #7104, Austin, TX 78751

Property Details

Price $549,999
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,520 sqft
Lot Size ,
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Koenig Townhomes
County Travis
Zip Code 78751
$/sqft $362/sqft
Days on Market ,
HOA $310/Monthly
Annual Tax Est. $10,829.14
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240148987
List Date July 17, 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.

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
200 W 56th St #8101
Koenig Townhomes
$549,999 $361 3 bd / 3 ba 1,525 sqft , 2026-05-11
200 W 56th St #8104
Koenig Townhomes
$549,999 $361 3 bd / 3 ba 1,525 sqft , 2026-05-11
8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS
$550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13
306 Cartwheel Bnd #130
The Vineyards at Rough Hollow
$550,000 $272 4 bd / 4 ba 2,022 sqft , 2026-04-07
1702 S Lamar Blvd #12
Sage Condo
$550,000 $362 2 bd / 3 ba 1,521 sqft , 2026-03-15

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,553

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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