Active Listing  ·  134 days on market

200 W 56th St #8102

Austin, TX 78751
$518,000
3 Bed 3 Bath 1,525 sqft $340/sqft Built 2026 2-Car Garage Pool Koenig Townhomes

New construction - One of three residences left that have it's own private courtyard entrance. *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 is an incredible opportunity to be part of a 32-unit boutique community in the heart of Central Austin. The 3-bedroom, 3-bath townhome features high-end finishes, including upgraded RevWood flooring, quartz countertops, and stainless-steel appliances. It offers affordable living with everyday convenience, placing residents within walking distance of N Lamar, neighborhood shops, restaurants, bars along 53rd Street, the Triangle, and other favorite Austin spots. With easy access to I-35, 290, and MoPac, this location keeps you connected to the best of the city while offering a fresh, low-maintenance place to call home. Buyer to verify all info.

At $340/sqft, this home is 13% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

200 W 56th St #8102, Austin, TX 78751

Property Details

Price $518,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,525 sqft
Lot Size ,
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Koenig Townhomes
County Travis
Zip Code 78751
$/sqft $340/sqft
Days on Market ,
HOA $310/Monthly
Annual Tax Est. $3,206.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229202734
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 $549,999
Previous ask $519,999
Current ask $518,000
Reduced $31,999 (-5.8%) 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
200 W 56th St #8103
Koenig Townhomes
$519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11
4800 Evans Ave #A
Patterson Heights
$515,000 $455 2 bd / 1 ba 1,132 sqft , 2026-09-04
5505 Duval St #B
North Loop
$539,000 $508 2 bd / 2 ba 1,061 sqft , 2026-04-16
939 E 52nd St #2
Ridgetop
$540,000 $475 2 bd / 3 ba 1,138 sqft , 2026-07-09
200 W 56th St #1104
Koenig Townhomes
$495,000 $325 3 bd / 3 ba 1,525 sqft , 2026-05-11

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
$2,486/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
$103,600
20% conventional investment loan

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

Estimated Gross Rent+$2,486
Principal + Interest−$2,827
Property Tax (~2.1% TX avg)−$907
Insurance (~0.5%)−$216
Est. Monthly Cash Flow $-1,464

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 September 19, 2026.

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