Active Listing  ·  5 days on market

4209 Prevail Ln

Austin, TX 78731
$1,699,990
4 Bed 6 Bath 3,958 sqft $430/sqft Built 2019 0.06 acres 2-Car Garage Pool Grove Master Condos

This M-Signature model home is a sophisticated Four-Story Townhome featuring Four Bedrooms, Four Full Baths, and Two Half Baths, masterfully crafted for modern living and refined comfort. This is the final opportunity to buy the most sought-after floor plan in The Grove—The Olivette. A private elevator provides seamless access throughout, while a first-floor bedroom suite offers flexibility for guests or multigenerational living. The chef-inspired kitchen serves as the centerpiece, highlighted by soaring 10-foot cabinetry, a quartz island, and contemporary finishes that balance elegance with everyday function. Two covered balconies invite outdoor relaxation, with stunning views of Pocket Park and the Austin skyline. The Primary bedroom and bathroom offer a spa-like retreat and the 4th-floor gameroom is perfect for entertaining guests. With its striking modern European exterior, this residence makes an architectural statement within a dynamic, established community. Surrounded by premier dining, retail, wellness, and recreation—and located just minutes north of downtown Austin—this home blends luxury with an unmatched lifestyle.

At $430/sqft, this home is priced 10% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4209 Prevail Ln, Austin, TX 78731

Property Details

Price $1,699,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths 2
Living Area 3,958 sqft
Lot Size 0.06 acres (2,570.04 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Grove Master Condos
County Travis
Zip Code 78731
$/sqft $430/sqft
Days on Market ,
HOA $437/Monthly
Annual Tax Est. $26,819.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241725731
List Date July 30, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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
17207 Raynham Hill Dr
Lake Country Estates
$1,699,990 $359 5 bd / 5 ba 4,740 sqft , 2026-03-05
10200 Birdlip Cir
Birdlip
$1,700,000 $476 4 bd / 3 ba 3,570 sqft , 2026-07-15
3305 Skylark Dr
Allandale Park Sec 04
$1,699,000 $627 4 bd / 3 ba 2,708 sqft , 2026-05-01
1901 W Saint Johns Ave
Crestview Add Sec 01
$1,699,000 $519 5 bd / 5 ba 3,272 sqft , 2026-07-15
7507 Hart Ln
Northwest Hills Northwest Oaks
$1,699,000 $553 5 bd / 5 ba 3,073 sqft , 2026-07-28

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
$8,160/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
$339,998
20% conventional investment loan

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

Estimated Gross Rent+$8,160
Principal + Interest−$9,278
Property Tax (~2.1% TX avg)−$2,975
Insurance (~0.5%)−$708
Est. Monthly Cash Flow $-4,801

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →