Active Listing  ·  175 days on market

407 E 45th St #108

Austin, TX 78751
$159,900
1 Bed 1 Bath 500 sqft $320/sqft Built 1979 0.03 acres Pool Spanish Oaks Condo Amd

Charming Hyde Park One-Bedroom with Pool

Welcome to your new home in the heart of historic Hyde Park — one of Austin’s most walkable, vibrant neighborhoods just north of the University of Texas at Austin. This inviting one-bedroom, one-bath condo offers smartly designed living in a coveted central location, making it ideal for professionals, graduate students, or anyone seeking a low-maintenance lifestyle with easy access to the city’s best.

Step inside to discover a comfortable, light-filled layout featuring an open living area that flows seamlessly from the kitchen — perfect for everyday living and entertaining. The well-appointed kitchen includes quality finishes and functional space that maximizes every square foot. Residents enjoy the convenience of central air, ensuring year-round comfort.

Outside your door, relax and unwind at the community pool — ideal for cooling off on warm Austin afternoons or gathering with friends.

Enjoy unparalleled walkability to local favorites like Central Market, Hyde Park Bar & Grill, Quack’s 43rd Street Bakery, Antonelli’s Cheese Shop, Flightpath Coffeehouse, and more — all within minutes of your front door.

Whether you’re heading to class, the office, or exploring downtown Austin’s eclectic dining and entertainment scene, this condo’s central Hyde Park location puts your lifestyle first with convenience, character, and community.

At $320/sqft, this home is 18% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

407 E 45th St #108, Austin, TX 78751

Property Details

Price $159,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 500 sqft
Lot Size 0.03 acres (1,163.05 sqft)
Year Built 1979
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Spanish Oaks Condo Amd
County Travis
Zip Code 78751
$/sqft $320/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $4,016.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219120198
List Date February 20, 2026
Elementary School Lee
Middle School Kealing
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.

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 · February 20, 2026 $169,900
Previous ask $164,900
Current ask $159,900
Reduced $10,000 (-5.9%) 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
909 Reinli St #240
Verandas at Uptown
$156,400 $258 1 bd / 1 ba 607 sqft , 2026-05-30
3316 Guadalupe St #309
Guadalupe Square Condo
$154,900 $368 1 bd / 1 ba 421 sqft , 2026-05-26
3316 Guadalupe St #213
Guadalupe Square Condo
$150,000 $376 1 bd / 1 ba 399 sqft , 2026-06-05
909 Reinli St #232
Verandas At Uptown Condo
$149,900 $258 1 bd / 1 ba 582 sqft , 2026-04-09
5300 Guadalupe St #108
northfeild
$149,000 $363 1 bd / 1 ba 410 sqft , 2026-01-29

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
$768/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
$31,980
20% conventional investment loan

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

Estimated Gross Rent+$768
Principal + Interest−$873
Property Tax (~2.1% TX avg)−$280
Insurance (~0.5%)−$67
Est. Monthly Cash Flow $-452

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 August 14, 2026.

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