Active Listing  ·  117 days on market

4120 Valley View Rd #B

Austin, TX 78704
$550,000
2 Bed 3 Bath 1,385 sqft $397/sqft Built 2008 0.09 acres 1-Car Garage Pool 4120 Valley View Condo

Updated flooring throughout home, new carpet, fresh paint! Enjoy everything 78704 has to offer with this cute townhouse style condo super close to tons of shopping and restaurants (including Radio Coffee, End of an Ear Record Store and Uncommon Objects!) You are sure to love this open floor plan with high ceilings and polished concrete flooring. Coming in from the fully fenced front yard which is perfect for pets, you'll find living and dining which flows seamlessly to the back garden. Fully enclosed private yard with a deck that's perfect for grilling. Second floor offers a second living room which could be ideal for a home office, media room or playroom. Two bedrooms upstairs, one of which has an ensuite bathroom with both a stand-up shower and a deep soadking tub. The second bathroom also has a tub and both bathrooms are tiled.

At $397/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

4120 Valley View Rd #B, Austin, TX 78704

Property Details

Price $550,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,385 sqft
Lot Size 0.09 acres (3,963.96 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 4120 Valley View Condo
County Travis
Zip Code 78704
$/sqft $397/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231640933
List Date May 28, 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.

Schedule a Call →

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
4904 Enchanted Ln
Park Forest Sec 02
$550,000 $393 3 bd / 2 ba 1,400 sqft , 2026-09-10
411 W St Elmo Rd #24
Brookside Villas Condo Amd
$549,999 $308 3 bd / 3 ba 1,785 sqft , 2026-03-29
4617 Englewood Dr #2
Greenwood Forest
$549,000 $454 2 bd / 3 ba 1,210 sqft , 2026-08-04
4702 Everglade Dr
Park Forest Sec 01
$549,000 $371 3 bd / 2 ba 1,479 sqft , 2026-08-08
2003 Fair Oaks Dr
Southern Oaks Sec 01
$539,999 $343 3 bd / 2 ba 1,575 sqft , 2026-08-28

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 June 17, 2026.

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