Active Listing  ·  118 days on market

219 Lessin Ln #10A

Austin, TX 78704
$549,000
2 Bed 3 Bath 1,152 sqft $477/sqft Built 2023 0.07 acres 1-Car Garage Pool New Construction Post Road

Discover modern living at its finest in this newly constructed end unit at The Reyna, nestled in the heart of South Austin's vibrant South Congress area. Designed by the renowned Davey McEthron Architecture, this home offers an exceptional blend of style, comfort, and convenience.

Boasting 2 bedrooms and 2.5 baths, this residence features a thoughtfully designed layout with high-end finishes throughout. The open floor plan is an inviting space, while the concrete and wood flooring lends a contemporary yet warm touch and the floor-to-ceiling windows invite abundant natural light.

Upstairs features two spacious bedrooms and two full baths with an ensuite bath in the primary bedroom. Step outside to your private back yard, ideal for pets or an evening retreat, a rare find in urban living. Whether hosting friends or enjoying quiet moments, the open living and dining spaces cater to your lifestyle with ease.

Located just moments from South Congress' eclectic dining, shopping, and entertainment, this community offers the perfect balance of city energy and personal sanctuary. Experience the best of South Austin living at The Reyna.

At $477/sqft, this home is priced 22% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

219 Lessin Ln #10A, Austin, TX 78704

Property Details

Price $549,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,152 sqft
Lot Size 0.07 acres (3,240.86 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Post Road
County Travis
Zip Code 78704
$/sqft $477/sqft
Days on Market ,
HOA $367.49/Monthly
Annual Tax Est. $11,436
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT225321425
List Date April 8, 2026
Elementary School Galindo
Middle School Lively
High School Travis
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 →

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 · April 8, 2026 $579,000
Current ask $549,000
Reduced $30,000 (-5.2%) 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
15101 DEXLER Dr
Cardinal Hills Estates Unit 12
$549,000 $439 1 bd / 2 ba 1,250 sqft , 2025-09-25
606 W Lynn St #21
West End Condo
$549,000 $479 2 bd / 3 ba 1,146 sqft , 2026-04-13
5921 Hiline Rd #1204
Waterfall On Lake Travis Condo
$549,000 $398 3 bd / 2 ba 1,379 sqft , 2026-01-09
1600 Barton Springs Rd #5103
Bartonplace Condo
$549,000 $551 2 bd / 2 ba 997 sqft , 2026-05-08
3403 King St
Gypsy Grove
$549,000 $607 2 bd / 1 ba 905 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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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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