Active Listing  ·  145 days on market

4361 S Congress Ave #402

Austin, TX 78745
$199,800
1 Bed 1 Bath 825 sqft $242/sqft Built 2016 0.01 acres 1-Car Garage Pool Public Condos

This stylish 1-bed, 1-bath condo is your chance to live the ultimate urban lifestyle at an affordable price! Designed for convenience and modern comfort, this turn-key unit features sleek upgrades, an open layout, and a prime location near Austin’s trendy St. Elmo Arts District. You’ll be within walking distance of The Yard with its restaurants, shops, and entertainment. Step inside to a bright and airy living space with a large covered balcony overlooking the energy of South Congress, offering a vibrant city view rather than facing another building—and with great west-facing exposure, you’ll enjoy beautiful sunset views each evening. Stainless steel appliances, marble-look countertops, and contemporary two-tone cabinetry create a kitchen everyone will love. The spacious bedroom features a walk-in closet with built-in organization and laundry, along with a large en-suite bath with a dual vanity and walk-in shower. Enjoy the convenience of a reserved parking spot on your floor in the gated garage and The Public Condo’s abundant amenities, including a fully equipped gym, yoga studio, dog park, and resident lounge and courtyard. The new owner can also look forward to future enjoyment of the building’s beautiful rooftop pool, currently being repaired. HOA fee covers common area and amenity maintenance, as well as insurance on the structure. Don’t miss this ideal blend of comfort, convenience, and value!

At $242/sqft, this home is 38% 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

4361 S Congress Ave #402, Austin, TX 78745

Property Details

Price $199,800
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 825 sqft
Lot Size 0.01 acres (522.72 sqft)
Year Built 2016
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Public Condos
County Travis
Zip Code 78745
$/sqft $242/sqft
Days on Market ,
HOA $458/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228456767
List Date May 1, 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.

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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 · May 1, 2026 $220,000
Previous ask $209,000
Current ask $199,800
Reduced $20,200 (-9.2%) 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
4307 S 1st St #108
Pharo Condo
$200,000 $337 1 bd / 1 ba 594 sqft , 2026-08-21
4361 S Congress Ave #322
Public Condos Bldg 2
$210,000 $255 1 bd / 1 ba 825 sqft , 2026-03-21
4361 S Congress Ave #527
Public Condos Bldg 2
$225,000 $300 1 bd / 1 ba 749 sqft , 2026-06-03
3417 Willowrun Dr #C
3417 WILLOWRUN DRIVE CONDOMINIUMS
$235,000 $399 1 bd / 1 ba 589 sqft , 2026-06-25
5701 Glen Meadow Dr
Flournoys Sweetbriar Sec 10
$235,000 $244 2 bd / 2 ba 962 sqft , 2026-07-20

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
$959/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
$39,960
20% conventional investment loan

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

Estimated Gross Rent+$959
Principal + Interest−$1,090
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

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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 4, 2026.

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