Active Listing  ·  85 days on market

200 W 56th St #8103

Austin, TX 78751
$519,999
3 Bed 3 Bath 1,525 sqft $341/sqft Built 2025 2-Car Garage Pool Koenig Townhomes

Under construction in Central Austin with a July-Aug completion, this new townhome comes with a builder incentive of up to 3% toward closing costs, plus an owner’s title policy when using the approved lender and title company. 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 $341/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

200 W 56th St #8103, Austin, TX 78751

Property Details

Price $519,999
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 $341/sqft
Days on Market ,
HOA $310/Monthly
Annual Tax Est. $3,206.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229246121
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.

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 #8102
Koenig Townhomes
$519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11
4809 Westfield Dr
Highland Village Sec 02 Pt 02
$520,000 $394 3 bd / 2 ba 1,320 sqft , 2026-07-24
2400 Braemar Cv
Onion Creek Sec 05-A
$519,900 $261 3 bd / 2 ba 1,995 sqft , 2026-01-30
1708 Raven Dr
Creekside
$519,900 $263 4 bd / 3 ba 1,980 sqft , 2026-06-18
1113 Lawson Ln
Rosewood Village
$519,000 $510 3 bd / 2 ba 1,018 sqft , 2026-06-21

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
$2,496/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
$104,000
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,838
Property Tax (~2.1% TX avg)−$910
Insurance (~0.5%)−$217
Est. Monthly Cash Flow $-1,469

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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