About This Home

Cute and well-maintained condo in a great Hyde Park location. Ample natural light in this 3rd floor corner unit. Upgraded features throughout, with dual closets in each bedroom and built in desks, updated fixtures and more. Enjoy a small, well maintained community with covered parking included and communal laundry facility. HOA dues cover water, trash, and gas. Occupant pays for electric and internet. No STRs permitted. On UT bus route and minutes from neighborhood favorites, grocery stores, gyms, coffee shops, and restaurants. Great walkability! Currently leased through January 2027.

At $251/sqft, this home is 36% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4306 Avenue A Ave #114, Austin, TX 78751

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Property Details

Price $199,900

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 798 sqft

Lot Size 0.03 acres (1,089 sqft)

Year Built 1975

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Park Place Condo

County Travis

Zip Code 78751

$/sqft $251/sqft

Days on Market ,

HOA $367/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236302177

List Date June 14, 2026

Elementary School Lee

Middle School Kealing

High School McCallum

School District ,

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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

12166 Metric Blvd #2006
Edgecreek Condo Amd $199,900 $304 1 bd / 1 ba 657 sqft , 2026-05-14

3703 Harmon Ave #101
Johnsons L C Resub $199,900 $313 1 bd / 1 ba 638 sqft , 2026-06-17

11901 Swearingen Dr #110
Reflections Of Walnut Creek III $199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02

3815 Guadalupe St #303
Avenel At Hyde Park Condo $199,888 $317 1 bd / 1 ba 630 sqft , 2026-07-11

1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii $199,990 $192 2 bd / 3 ba 1,042 sqft , 2025-10-28

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

$960/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

$39,980

20% conventional investment loan

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

Estimated Gross Rent+$960

Principal + Interest−$1,091

Property Tax (~2.1% TX avg)−$350

Insurance (~0.5%)−$83

Est. Monthly Cash Flow $-564

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

4306 Avenue A Ave #114

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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