Active Listing  ·  189 days on market

4361 S Congress Ave #301

Austin, TX 78745
$290,000
2 Bed 2 Bath 1,305 sqft $222/sqft Built 2016 0.02 acres 2-Car Garage Pool Public Condos Bldg 1

Motivated Seller offering a $300/month credit toward HOA dues through the end of 2026, helping offset currently elevated HOA fees while community improvements are completed. The increased HOA dues are temporary and primarily driven by higher insurance costs related to a settled lawsuit and ongoing repairs. Renovations are expected to be completed by year-end, with HOA fees anticipated to decrease afterward.

Located in the heart of South Austin’s rapidly growing St. Elmo District, Public Condos at 4361 S. Congress Ave offers exceptional access to Downtown Austin, South Congress, and some of the city’s most popular entertainment destinations. Enjoy nearby favorites like Cosmic Coffee, Still Austin Whiskey Co., The Austin Winery, breweries, restaurants, live music venues, and creative workspaces — all just minutes from your front door.

Designed for low-maintenance urban living, the community provides easy access to I-35, Hwy 290, Downtown Austin, and major employers while surrounding you with the energy and culture that make South Austin so desirable.

The community pool and skyline-view deck are currently in the reconstruction planning process following a material failure and are expected to return as standout amenities for residents to enjoy.

At $222/sqft, this home is 43% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4361 S Congress Ave #301, Austin, TX 78745

Property Details

Price $290,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,305 sqft
Lot Size 0.02 acres (871.2 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Public Condos Bldg 1
County Travis
Zip Code 78745
$/sqft $222/sqft
Days on Market ,
HOA $760/Monthly
Annual Tax Est. $2,071
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218569475
List Date February 6, 2026
Elementary School Galindo
Middle School Bedichek
High School Travis
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
5007 Fort Clark Dr
Park At Battle Bend Amd
$290,000 $235 3 bd / 2 ba 1,235 sqft , 2026-05-26
5704 Cedardale Dr
Flournoys Sweetbriar Sec 04
$299,000 $311 3 bd / 1 ba 962 sqft , 2025-11-18
4004 Banister Ln #303
MESA CONDOMINIUMS
$279,000 $321 1 bd / 1 ba 870 sqft , 2026-06-27
4307 1st St S #101
Pharo Condo
$265,000 $270 2 bd / 2 ba 982 sqft , 2025-08-31
4510 Terry O Ln #207
Station at St Elmo Condos
$325,000 $377 1 bd / 1 ba 861 sqft , 2026-03-12

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
$1,392/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
$58,000
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (~2.1% TX avg)−$508
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-820

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 July 28, 2026.

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