Active Listing  ·  55 days on market

4400 Vaughan St #B

Austin, TX 78723
$399,000
2 Bed 3 Bath 1,230 sqft $324/sqft Built 2020 0.04 acres 1-Car Garage Pool Mueller

Mueller living means stepping out your front door onto vibrant park trails, walking to brunch on Aldrich Street, and enjoying a genuinely connected Austin neighborhood in this elevated two-story, two-bedroom condo. It starts the moment you walk up! The home sits up on an elevated lot with beautiful landscaping and a great front porch that’s made for a couple of chairs and a morning coffee. Step inside, and the whole main floor opens up into a spacious, bright living room that flows right into the kitchen and dining areas. With tile flooring and neutral walls, the space feels incredibly welcoming and holds plenty of room for hosting friends. The kitchen is set up perfectly for socializing, featuring a generous breakfast bar, wood cabinetry, stainless appliances, and a tile backsplash. Heading upstairs, you'll find both bedrooms filled with great natural light and spacious closets. The primary bedroom feels like its own private getaway with an attached ensuite bath. The laundry closet is also on the second floor. Out back, the rear-facing garage opens to an alleyway, which keeps the front of the home looking clean and pedestrian-friendly. The location within Mueller really gives you the best of the neighborhood. You can leave the car in the garage and walk over to the Texas Farmers’ Market at Mueller Lake Park on weekends, grab dinner at L'Oca d'Oro, or catch a movie at the Alamo Drafthouse on Aldrich Street. Everyday stops like the H-E-B and Mary Elizabeth Branch Park are just minutes away. When you do need to commute, you have quick access to I-35 and Airport Boulevard, putting you just 3 miles from Downtown Austin and a quick 15-minute drive from the Austin airport.

At $324/sqft, this home is 17% 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

4400 Vaughan St #B, Austin, TX 78723

Property Details

Price $399,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,230 sqft
Lot Size 0.04 acres (1,894.86 sqft)
Year Built 2020
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Mueller
County Travis
Zip Code 78723
$/sqft $324/sqft
Days on Market ,
HOA $255.41/Monthly
Annual Tax Est. $5,258.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235542336
List Date June 10, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Northeast Early College
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 →

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 · June 10, 2026 $495,000
Previous ask $449,000
Current ask $399,000
Reduced $96,000 (-19.4%) 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
204 Chippendale Ave
Greenwood Hills Sec 02
$399,000 $334 3 bd / 1 ba 1,196 sqft , 2026-03-29
2612 San Pedro St #112
Treehouse Condominiums
$399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19
11105 Avery Station Loop #25
Northwoods Avery Station Condo
$399,000 $278 2 bd / 3 ba 1,435 sqft , 2026-04-23
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05
1701 Simond Ave #612
Parkside/Mueller Condos
$399,000 $459 1 bd / 1 ba 870 sqft , 2026-05-12

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 →

Neighborhood Context

About Mueller

Mueller was built on the site of Austin's old Robert Mueller Municipal Airport, which closed in 1999. What replaced it is one of the most thoughtfully planned urban neighborhoods in Texas - a mix of single-family homes, townhomes, condos, and apartments built around parks, trails, and walkable retail.

The neighborhood is anchored by Mueller Lake Park, a 30-acre park and pond at its center, and the Mueller Farmers' Market (one of Austin's best) runs every Sunday. Aldrich Street - Mueller's main commercial strip - has restaurants, coffee shops, and retail that serve the neighborhood without overwhelming it.

🌿
Mueller Lake Park

30-acre park with a pond, walking trails, splash pad, and dog park at the center of the neighborhood. Feels like a central park for the community.

🛒
Sunday Farmers Market

One of Austin's most attended farmers markets runs every Sunday year-round on Aldrich Street. A true neighborhood institution.

🏗️
Built Green

Mueller has one of the highest concentrations of green-certified homes in Austin. Many homes feature solar panels, rainwater collection, and energy-efficient construction.

🚲
Trail Network

Extensive internal trail system connects the neighborhood, plus connections to the larger Austin trail network. Cycling and walking are genuinely practical here.

Full Mueller Guide →

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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