About This Home

Discover this charming 3-bedroom, 2.5-bathroom condo, featuring a private gated yard and an ideal location just minutes from UT, the Triangle, and Central Market. This home boasts modern stainless steel appliances and a versatile third-floor loft, easily adaptable as 3rd bedroom or a cozy media room. Relish outdoor relaxation on the second-floor terrace, which overlooks the Intramural Fields, or step out from the first-floor covered patio into your own private gated yard. Please note that some photos are virtually staged.

At $445/sqft, this home is priced 14% 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

400 W 51 St #A, Austin, TX 78751

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Property Details

Price $675,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,516 sqft

Lot Size 0.08 acres (3,528.36 sqft)

Year Built 2014

Garage ,

Stories ,

Type Residential · Condominium

Subdivision 400 & 402 West 51st Street Con

County Travis

Zip Code 78751

$/sqft $445/sqft

Days on Market ,

HOA $250/Monthly

Annual Tax Est. $10,966.93

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT227589103

List Date May 11, 2026

Elementary School Ridgetop

Middle School Lamar (Austin ISD)

High School McCallum

School District ,

Have Questions About This Property?

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

4804 Westfield Dr
Highland Village Sec 02 Pt 02 $675,000 $348 3 bd / 2 ba 1,938 sqft , 2026-01-29

7702 Wynne Ln
Brownleaf Estates $675,000 $374 4 bd / 2 ba 1,803 sqft , 2026-02-18

2902 Dover Pl
Allandale Terrace Sec 03 $675,000 $386 3 bd / 2 ba 1,748 sqft , 2026-04-01

1900 Barton Springs Rd #5027
ZILKR ON THE PARK CONDOMINIUMS $675,000 $662 2 bd / 2 ba 1,019 sqft , 2024-07-18

400 W 51st St #A
400 & 402 West 51st Street Con $675,000 $445 3 bd / 3 ba 1,516 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

$3,240/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

$135,000

20% conventional investment loan

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

Estimated Gross Rent+$3,240

Principal + Interest−$3,684

Property Tax (~2.1% TX avg)−$1,181

Insurance (~0.5%)−$281

Est. Monthly Cash Flow $-1,906

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

400 W 51 St #A

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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