Active Listing  ·  86 days on market

4006 Shoal Creek Blvd #B

Austin, TX 78756
$449,500
2 Bed 2 Bath 1,398 sqft $322/sqft Built 1986 0.10 acres 1-Car Garage Pool Shoal Creek Park 02

Tucked into the trees along Shoal Creek, this beautifully updated multi-level condominium offers a rare combination of privacy, character, and an unbeatable central Austin location. Soaring vaulted ceilings, rich hardwood flooring, and abundant natural light create an inviting atmosphere throughout the main living spaces. The living room is anchored by a slate fireplace with a wood mantel and custom built-in cabinetry, while oversized sliding glass doors open to a covered balcony overlooking the peaceful creek and mature trees. The open-concept kitchen has been thoughtfully renovated with granite countertops, shaker-style cabinetry, stainless steel appliances, recessed lighting, and a breakfast bar that flows seamlessly into the dining and living areas, making entertaining effortless. Elevated above the living room, the dining space enjoys treetop views and an airy, open feel. Conveniently located on the main living level, the private primary suite features an oversized walk-in closet and an updated en-suite bathroom with granite countertops and a beautifully tiled tub/shower surround. Upstairs, the spacious secondary bedroom opens to its own private covered patio overlooking Shoal Creek and is complemented by a stunning remodeled bathroom featuring a floating dual-sink vanity with vessel sinks, quartz countertops, a frameless glass walk-in shower, and designer finishes. Additional highlights include a covered attached carport, generous storage throughout, and a low-maintenance lock-and-leave lifestyle. Ideally situated just minutes from Downtown Austin, The University of Texas, The Domain, major employers, shopping, dining, and entertainment, this exceptional home offers the perfect balance of peaceful creekside living and urban convenience. Schedule a showing today!

At $322/sqft, this home is 18% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4006 Shoal Creek Blvd #B, Austin, TX 78756

Property Details

Price $449,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,398 sqft
Lot Size 0.10 acres (4,495.39 sqft)
Year Built 1986
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Shoal Creek Park 02
County Travis
Zip Code 78756
$/sqft $322/sqft
Days on Market ,
HOA $295.46/Monthly
Annual Tax Est. $9,603.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239712607
List Date July 14, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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 · July 14, 2026 $480,000
Previous ask $475,000
Current ask $449,500
▼ Reduced $30,500 (-6.4%) 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
4514 Highland Ter
Highland Park
$549,000 $357 3 bd / 1 ba 1,536 sqft , 2026-05-01
3016 Guadalupe St #217
Guadalupe 31 Condo
$349,900 $318 2 bd / 2 ba 1,100 sqft , 2026-07-14
304 W 42nd St
Hyde Park
$550,000 $558 1 bd / 1 ba 986 sqft , 2026-07-16
2300 Hancock Dr #5
2300 Hancock Drive Condo
$325,000 $319 2 bd / 2 ba 1,020 sqft , 2026-09-02
3200 Grandview St #11
Verdance Condo
$589,000 $323 1 bd / 2 ba 1,826 sqft , 2026-10-06

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
$2,158/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
$89,900
20% conventional investment loan

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

Estimated Gross Rent+$2,158
Principal + Interest−$2,453
Property Tax (~2.1% TX avg)−$787
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,269

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 4, 2026.

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