Active Listing  ·  3 days on market

4211 Prevail Ln

Austin, TX 78731
$1,099,990
3 Bed 4 Bath 2,372 sqft $464/sqft Built 2019 0.06 acres 2-Car Garage Pool The Grove

This former model home has all the upgrades and interior design touches to WOW your friends, family and neighbors! Located within The Grove, one of Austin’s most dynamic mixed-use communities, this property offers a refined blend of modern living and urban convenience surrounded by parks, trails, and preserved green space along Shoal Creek. Residents enjoy a walkable lifestyle with boutique retail, fitness and wellness studios, and some of Austin’s most sought-after dining options just steps away. Designed for connection and outdoor enjoyment, the community features pedestrian friendly streets, gathering spaces, and direct access to nature, all in a highly central location. This thoughtfully designed Laurel B townhome by M Signature Homes features 2372 sq feet of living space across three levels with 3 bedrooms, 3 full baths, and 1 half bath. The main level features a chef’s kitchen with 10' cabinetry, elegant waterfall quartz countertops, Thermador appliances and elevated finishes that combine style with everyday usability. The expansive primary suite offers a custom closet, and a spa inspired bathroom featuring a gorgeous soaking tub and walk-in shower. The 3rd floor loft is the perfect area to entertain guests or simply relax. The private covered balcony has stunning views of Downtown Austin, as well as the adjacent beautifully manicured park and includes a well-appointed outdoor kitchen. The Grove places you just minutes from downtown Austin with exceptional access to the city’s top destinations, a pedestrian bridge connects directly to Central Market and nearby Shoal Creek trails offer miles of outdoor recreation.

At $464/sqft, this home is priced 19% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4211 Prevail Ln, Austin, TX 78731

Property Details

Price $1,099,990
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,372 sqft
Lot Size 0.06 acres (2,570.04 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision The Grove
County Travis
Zip Code 78731
$/sqft $464/sqft
Days on Market ,
HOA $437/Monthly
Annual Tax Est. $18,659.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT252148329
List Date November 9, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Bryker Woods · O Henry · Austin

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
3504 West Ave
Division D
$1,050,000 $567 3 bd / 2 ba 1,851 sqft , 2026-10-16
1204 W 39th St
L L Crane
$1,150,000 $418 4 bd / 4 ba 2,752 sqft , 2026-07-29
4415 Marathon Blvd
Rosedale
$1,200,000 $546 4 bd / 3 ba 2,198 sqft , 2026-11-05
2806 W 44th St #A
Highland Park
$995,000 $452 3 bd / 4 ba 2,201 sqft , 2026-10-15
4012 Emory Peak Pass
The Grove
$1,229,000 $391 4 bd / 5 ba 3,147 sqft , 2026-03-03

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
$5,280/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
$219,998
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (assumed ~2.1%)−$1,925
Insurance (assumed ~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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 · 41 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. The written content was last updated on November 10, 2026.

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

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