Active Listing  ·  91 days on market

2519 E 4th St #2

Austin, TX 78702
$359,000
1 Bed 1 Bath 480 sqft $748/sqft Built 1951 0.05 acres Pool M. E. CHERNOSKY SUBD

The Casita. Living small is the way!

The tour: A private steel-reinforced, locked gate leads to a crushed granite path overhung by soaring heritage pecan trees. As you round the corner, the Casita entry offers a shady porch with wrap-around steps, copper gutter, oversized rain chain and bowl, and a crushed granite apron suitable for grilling and dining or raised garden beds. The petite lawn, lined with nine irrigated rocket juniper trees leads to a permeable concrete patio housing a temperature-controlled, professionally-maintained Cowboy Pool, shaded by a canvas sail and the spreading canopy of a heritage pecan tree recently trimmed and cabled to insure it’s safety and health for years to come.

A heavy wooden door with new, aged brass hardware leads into the Casita galley kitchen painted Farrow + Ball Yearbridge Green and featuring a Smeg fridge, Café microwave, Prestige range, Ilian knife rack, Pooky lighting, Hawkins New York hardware, concrete counter and deep stainless steel sink.

The bright Casita bathroom is finished with an All Modern vanity with Kohler hardware, lacquered West Elm medicine cabinet, steel barn light, white tiled tub, oak hooks, and custom lofted towel storage bins.

The main Satillo-tiled living area is sized to house a queen fold-out couch and features a new ceiling fan, Tala pendant light and laundry nook with stacked Electrolux washer and dryer. Open re-finished wood stairs are lighted by a giant Pooky star pendant light and lead to a loft floored with Hudson + Vine vinyl floor mats and featuring a barn red gable wall.

The Casita offers simple living in the coolest of Austin neighborhoods. Walk to La Barbecue, Austin Oyster Co., The Pershing Café, Sweet Chive, Bufalina, La Holly, and even UPS and HEB! Best of all, the Ann and Roy Butler Hike and Bike Trail is just blocks away.

At $748/sqft, this home is priced 91% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2519 E 4th St #2, Austin, TX 78702

Property Details

Price $359,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 480 sqft
Lot Size 0.05 acres (2,051.68 sqft)
Year Built 1951
Garage ,
Stories ,
Type Residential · Condominium
Subdivision M. E. CHERNOSKY SUBD
County Travis
Zip Code 78702
$/sqft $748/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,111.22
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236816534
List Date June 23, 2026
Elementary School Brooke
Middle School Martin
High School Eastside Early College
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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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
1139 1/2 Poquito St #3
Chernosky
$335,000 $537 2 bd / 2 ba 624 sqft , 2026-01-08
1909 College Row
Grandview Place
$425,000 $805 1 bd / 1 ba 528 sqft , 2026-03-20
67 Anthony St
Driving Park Add
$435,000 $906 2 bd / 1 ba 480 sqft , 2026-06-08
1800 E 4th St #223
Fourth & Condos
$239,000 $467 1 bd / 1 ba 512 sqft , 2026-03-02

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
$1,723/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
$71,800
20% conventional investment loan

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

Estimated Gross Rent+$1,723
Principal + Interest−$1,959
Property Tax (~2.1% TX avg)−$628
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,014

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 July 12, 2026.

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