Active Listing  ·  12 days on market

4402 Banister Ln #1

Austin, TX 78745
$1,099,000
4 Bed 3 Bath 2,800 sqft $393/sqft Built 2023 0.12 acres 1-Car Garage Pool Banister Acres

Fresh new price! Easy, modern Austin living starts here. Built in 2023 by award winning Cedar and Oak team, and move-in ready, 4402 Banister #1 offers a thoughtfully designed floor plan with the space and flexibility to fit the way you live today—all in a convenient South Austin location.

Light-filled, open living spaces create an easy flow for everyday life and entertaining, while the flexible bedroom arrangement provides room for family, guests or a dedicated home office. A separate fitness room makes it easy to fit a morning workout into the day without ever leaving home.

With a one-car garage plus covered carport, private outdoor space and newer construction, the home offers the lock-and-leave convenience and low-maintenance lifestyle so many buyers are looking for. Spend less time on projects and upkeep and more time enjoying Austin.

Move right in, settle into a home that works from day one, and enjoy the best of South Austin just beyond your door.

At $393/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

4402 Banister Ln #1, Austin, TX 78745

Property Details

Price $1,099,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,800 sqft
Lot Size 0.12 acres (5,192.35 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Banister Acres
County Travis
Zip Code 78745
$/sqft $393/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $17,762.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245525728
List Date September 10, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
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 · September 10, 2026 $1,125,000
Current ask $1,099,000
Reduced $26,000 (-2.3%) 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
3204 Overcup Oak Dr #A
South Terrace
$1,099,999 $491 4 bd / 5 ba 2,242 sqft , 2026-09-10
4412 Banister Ln #1
Banister Acres
$1,025,000 $394 4 bd / 3 ba 2,601 sqft , 2026-07-16
4804 Richmond #1 Ave
Glenwood Square
$1,188,000 $419 4 bd / 5 ba 2,833 sqft , 2025-10-23
4806 Richmond Ave #1
Glenwood Square
$1,199,000 $414 4 bd / 5 ba 2,896 sqft , 2025-10-22
4806 Richmond #2 Ave
Glenwood Square
$1,200,000 $398 4 bd / 5 ba 3,014 sqft , 2025-10-22

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
$5,275/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
$219,800
20% conventional investment loan

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

Estimated Gross Rent+$5,275
Principal + Interest−$5,998
Property Tax (~2.1% TX avg)−$1,923
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,104

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 September 21, 2026.

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