About This Home

Top floor condo at Public Lofts in New St. Elmo's District features a great location only 8 minutes from town. Large

balcony with Southern views. Beautiful kitchen with GE Profile appliances. Large bedroom with walk-in closet and

utility room with large full-size washer and dryer. TWO assigned garage parking spaces with controlled access.

Community amenities include a huge workout room and a large gathering area with a kitchen and dog park.

At $300/sqft, this home is 23% 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

4361 S Congress Ave #527, Austin, TX 78745

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Property Details

Price $225,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 749 sqft

Lot Size 0.01 acres (479.16 sqft)

Year Built 2018

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Public Condos Bldg 2

County Travis

Zip Code 78745

$/sqft $300/sqft

Days on Market ,

HOA $430/Monthly

Annual Tax Est. $3,995.97

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT231566956

List Date June 3, 2026

Elementary School Galindo

Middle School Bedichek

High School Travis

School District ,

Have Questions About This Property?

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

2450 Wickersham Ln #501
Chamonix Condo Amd $225,000 $241 2 bd / 1 ba 935 sqft , 2024-07-30

2425 Ashdale Dr #81
Summit Condo Amd $225,000 $229 2 bd / 2 ba 984 sqft , 2026-03-27

4361 S Congress Ave #427
Public Condos Bldg 2 $225,000 $300 1 bd / 1 ba 749 sqft , 2025-05-02

3204 Menchaca Rd #105
Ivy 78704 Condo Amd The $225,000 $245 2 bd / 2 ba 920 sqft , 2026-04-18

910 Duncan Ln #50
Pointe Condominiums Amended The $225,000 $359 1 bd / 1 ba 626 sqft , 2026-03-08

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

$1,080/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

$45,000

20% conventional investment loan

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

Estimated Gross Rent+$1,080

Principal + Interest−$1,228

Property Tax (~2.1% TX avg)−$394

Insurance (~0.5%)−$94

Est. Monthly Cash Flow $-636

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

4361 S Congress Ave #527

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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