Active Listing  ·  47 days on market

404 W 55th 1/2 St

Austin, TX 78751
$1,395,000
4 Bed 3 Bath 2,482 sqft $562/sqft Built 2026 0.16 acres Pool New Construction Northfield Annex 02

Situated in the heart of North Loop, 404 W 55th 1/2 St presents a rare new construction opportunity blending classic architecture with modern livability. Developed by TOPOS Collective with interiors by Veronica Avery, this four-bedroom, three-bathroom residence spans 2,482 square feet and showcases thoughtful design, elevated finishes, and impeccable craftsmanship throughout. Tudor-inspired architecture sets the tone, while the interior delivers a seamless balance of timeless design and everyday functionality. Expansive windows fill the home with natural light, highlighting curated designer selections and refined details at every turn. The open layout is designed for both comfortable living and effortless entertaining. The private backyard with a pool creates a true retreat, offering an ideal setting for outdoor living in one of Austin’s most established and sought-after neighborhoods. Enjoy the North Loop lifestyle with close proximity to local coffee shops, vintage boutiques, and some of Austin’s most beloved neighborhood spots. This is a rare opportunity to own a design-forward home in a prime central location.

At $562/sqft, this home is priced 43% 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

404 W 55th 1/2 St, Austin, TX 78751

Property Details

Price $1,395,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,482 sqft
Lot Size 0.16 acres (6,956.53 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Northfield Annex 02
County Travis
Zip Code 78751
$/sqft $562/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,003.63
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241761821
List Date August 6, 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.

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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 · August 6, 2026 $1,445,000
Current ask $1,395,000
Reduced $50,000 (-3.5%) 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
5317 McCandless St
Skyland
$1,400,000 $532 5 bd / 4 ba 2,631 sqft , 2026-09-10
5513 Duval St
Highlands
$1,499,000 $596 4 bd / 3 ba 2,517 sqft , 2026-09-03
1803 PALO DURO Rd
Vallejo
$1,499,999 $471 4 bd / 5 ba 3,188 sqft , 2026-08-13
6210 Camino Real None
Brentwood
$1,525,000 $519 5 bd / 7 ba 2,937 sqft , 2026-09-03
503 E 46th St
Staehely
$1,185,000 $667 3 bd / 2 ba 1,777 sqft , 2026-04-12

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
$6,696/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
$279,000
20% conventional investment loan

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

Estimated Gross Rent+$6,696
Principal + Interest−$7,613
Property Tax (~2.1% TX avg)−$2,441
Insurance (~0.5%)−$581
Est. Monthly Cash Flow $-3,939

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 22, 2026.

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