Active Listing  ·  5 days on market

4400 Mount Vernon Dr #B

Austin, TX 78745
$590,000
3 Bed 3 Bath 1,574 sqft $375/sqft Built 2021 0.09 acres Pool Hilltop Add

Modern condo with easy access to Ben White and all that 78704 and 78745 have to offer! Cowboy pool included! Only 12 minutes to downtown or to ABIA. 3 bedrooms and 3 full bathrooms. The owner's suite has a beautiful sizable private deck with an oak tree overlooking it. Enjoy an open living design downstairs with a view of the mature tree in the private side yard. Stylish kitchen with custom cabinetry, quartz countertops, stainless appliances, and gas range, perfect for entertaining. Downstairs offers one bedroom and one full bath, upstairs offers 2 bedrooms with private bathrooms, each with its own balcony offering abundant natural light! No HOA dues or STR restrictions offer flexibility whether you’re looking for a primary residence or an investment opportunity. The outdoor setup truly stands out, with multiple spaces designed for relaxing, hosting, and enjoying the mature trees and privacy. From the cowboy pool to the private deck and side yard, every corner invites you to slow down and stay awhile. A rare blend of location, lifestyle, and versatility in the heart of South Austin.

At $375/sqft, this home is 4% 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

4400 Mount Vernon Dr #B, Austin, TX 78745

Property Details

Price $590,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,574 sqft
Lot Size 0.09 acres (3,746.16 sqft)
Year Built 2021
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Hilltop Add
County Travis
Zip Code 78745
$/sqft $375/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242946471
List Date August 19, 2026
Elementary School St Elmo
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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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
411 W St Elmo Rd #24
Brookside Villas Condo Amd
$589,999 $331 3 bd / 3 ba 1,785 sqft , 2026-03-29
4709 Mount Vernon Dr
Greenwood Forest Sec 02
$594,992 $361 3 bd / 2 ba 1,649 sqft , 2026-01-12
3700 Clawson Rd #301
Clawson Ridge
$595,000 $354 2 bd / 3 ba 1,680 sqft , 2026-08-14
4702 Lasso Path
Western Trails Sec 01
$599,000 $291 3 bd / 2 ba 2,061 sqft , 2026-04-02
5400 Salem Hill Dr
Salem Walk Sec 02
$599,000 $319 4 bd / 3 ba 1,880 sqft , 2026-06-11

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
$2,832/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
$118,000
20% conventional investment loan

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

Estimated Gross Rent+$2,832
Principal + Interest−$3,220
Property Tax (~2.1% TX avg)−$1,033
Insurance (~0.5%)−$246
Est. Monthly Cash Flow $-1,667

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 22, 2026.

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