Active Listing  ·  46 days on market

4200 Valley View Rd #B

Austin, TX 78704
$599,000
3 Bed 3 Bath 1,644 sqft $364/sqft Built 2012 0.08 acres 2-Car Garage Pool Valley View Condos

78704 lifestyle awaits you at this fully renovated townhome in the heart of South Central Austin. The gourmet kitchen is a true showpiece, featuring European overlay cabinets, Quartz counters, a custom large-format tile backsplash, a matte black undermount sink, and high-end stainless steel appliances. Luxury vinyl floors run throughout — ultra-durable, easy to clean, and with no carpet anywhere in the home. Step outside to a private, fully-fenced yard with fresh grass, perfect for entertaining and keeping your furry friends happy; the home faces west, so the backyard stays shaded through the evenings, ideal for after-work relaxing. This lock-and-leave townhome offers super-convenient access to both MoPac and I-35, and you're just a budget-friendly rideshare from the airport, making it a perfect fit for on-the-go travelers. Behind the walls, everything has been redone: all-new electrical, plumbing, HVAC, and a standing-seam metal roof, plus a full spray-foam envelope for exceptional energy efficiency, and new MI windows throughout — including large picture windows that flood the home with natural light. The location is unbeatable: walk to Radio Coffee & Beer for legendary caffeinated libations, cold craft beers, and live music, all while sitting right between the South Lamar District and SoCo. You're also a short, budget-friendly rideshare from iconic live music venues like Saxon Pub and C-Boys, plus downtown and Rainey Street, and an easy bike ride to the Sunset Valley Farmers Market, Central Market, and countless dining and entertainment destinations nearby. Looking ahead, this home sits just blocks from the planned Brodie Oaks development at the intersection of Lamar and Ben White — a 37-acre mixed-use project reported to rival The Domain and further elevate South Austin's appeal.

At $364/sqft, this home is 7% 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

4200 Valley View Rd #B, Austin, TX 78704

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,644 sqft
Lot Size 0.08 acres (3,685.18 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Valley View Condos
County Travis
Zip Code 78704
$/sqft $364/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. $4,890.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238189923
List Date July 9, 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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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 9, 2026 $650,000
Previous ask $624,500
Current ask $599,000
Reduced $51,000 (-7.8%) 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
4702 Lasso Path
Western Trails Sec 01
$599,000 $291 3 bd / 2 ba 2,061 sqft , 2026-04-02
2002 Glen Allen St #104
Glen Allen Condos
$599,900 $323 2 bd / 3 ba 1,858 sqft , 2026-01-02
3700 Clawson Rd #301
Clawson Ridge
$595,000 $354 2 bd / 3 ba 1,680 sqft , 2026-08-14
4709 Mount Vernon Dr
Greenwood Forest Sec 02
$594,992 $361 3 bd / 2 ba 1,649 sqft , 2026-01-12
4400 Mount Vernon Dr #B
Hilltop Add
$590,000 $375 3 bd / 3 ba 1,574 sqft , 2026-08-19

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 17, 2026.

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