Active Listing  ·  41 days on market

4101 Menchaca Rd #104

Austin, TX 78704
$699,000
3 Bed 4 Bath 1,723 sqft $406/sqft Built 2026 Pool New Construction 4101 Menchaca

Announcing a limited collection of luxury residences in 78704 - 4101 Menchaca! Delivering This Spring and Now Scheduling Tours! Immerse yourself in the timeless charm of Scandinavian-inspired architecture infused with modern design in this new 10-unit enclave of stylish three-story residences with floor plans optimized for livability. Our designer-selected finishes by Urbanspace interiors offer a sophisticated, contemporary aesthetic. Enjoy the classic elegance of natural stone countertops, warm wood floors, and subtly textured tile, illuminated by ample natural light. Discover the allure of an unbeatable location along the vibrant South Lamar "SOLA" corridor in the coveted 78704 area. All residences will be 3 bed / 3.5 bath with individual small yard spaces ranging from 1723 SF - 1829 SF. All residences will come with 2 parking spaces either with attached carport, carport + garage, or 2 attached garage spaces. The common areas will include a seating/picnic area with outdoor grill that offers a charming space for relaxing and entertaining, while the fenced-in dog park provides a spacious outdoor retreat for you and your four-legged friends. Contact listing agents today to learn more about pre-construction opportunities at 78704s newest condo development scheduled to deliver in the spring of 2026! More information available at 4101menchaca.com.

At $406/sqft, this home is priced 4% 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

4101 Menchaca Rd #104, Austin, TX 78704

Property Details

Price $699,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,723 sqft
Lot Size ,
Year Built 2026
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 4101 Menchaca
County Travis
Zip Code 78704
$/sqft $406/sqft
Days on Market ,
HOA $289/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239879940
List Date July 14, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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
2111 Prather Ln #1
Greystone/Prather Condos
$699,000 $481 2 bd / 3 ba 1,452 sqft , 2026-07-17
4404 Mount Vernon Dr #B
Hilltop Add
$699,900 $370 3 bd / 3 ba 1,892 sqft , 2026-07-14
4601 Hank Ave #1
Forest Oaks
$699,900 $403 3 bd / 3 ba 1,736 sqft , 2026-08-13
5100 Plumas Ln
Southern Oaks Sec 04
$700,000 $307 3 bd / 2 ba 2,283 sqft , 2026-08-21
2505 Bluebonnet Ave #5
Bluebonnet Lofts
$685,900 $452 2 bd / 3 ba 1,519 sqft , 2025-05-09

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 23, 2026.

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