Active Listing  ·  41 days on market

4404 Mount Vernon Dr #B

Austin, TX 78745
$699,900
3 Bed 3 Bath 1,892 sqft $370/sqft Built 2021 0.09 acres 1-Car Garage Pool Hilltop Add

Modern Luxury with Downtown Views in the Heart of South Austin. Welcome to 4404 Mt Vernon Dr, an award-winning three-story home offering 3 bedrooms, 3 full bathrooms, modern design, and stunning downtown Austin views. Filled with natural light, this beautifully crafted home features an open-concept layout, premium flooring, sleek countertops, custom cabinetry, designer lighting, and automated blinds for effortless living. Located in the vibrant St. Elmo District, you'll enjoy quick access to South Congress, Downtown Austin, Zilker Park, Lady Bird Lake, Austin Airport, and major highways including I-35, US-290, and Hwy 71. Walk or bike to local restaurants, breweries, coffee shops, live music, and art spaces that make South Austin one of the city's most sought-after neighborhoods. Whether you're looking for a primary residence or a lock-and-leave lifestyle, this home offers modern luxury, breathtaking skyline views, and an unbeatable Austin location.

At $370/sqft, this home is 6% 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

4404 Mount Vernon Dr #B, Austin, TX 78745

Property Details

Price $699,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,892 sqft
Lot Size 0.09 acres (3,702.6 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hilltop Add
County Travis
Zip Code 78745
$/sqft $370/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,581.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239847800
List Date July 14, 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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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 · July 14, 2026 $750,000
Previous ask $725,000
Current ask $699,900
Reduced $50,100 (-6.7%) 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
4601 Hank Ave #1
Forest Oaks
$699,900 $403 3 bd / 3 ba 1,736 sqft , 2026-08-13
4101 Menchaca Rd #104
4101 Menchaca
$699,000 $406 3 bd / 4 ba 1,723 sqft , 2026-07-14
2111 Prather Ln #1
Greystone/Prather Condos
$699,000 $481 2 bd / 3 ba 1,452 sqft , 2026-07-17
3505 Villa Ct #11
Villa Court
$720,000 $390 3 bd / 3 ba 1,845 sqft , 2026-06-05
4608 Frontier Trl
Western Trails Sec 01
$675,000 $322 4 bd / 2 ba 2,094 sqft , 2025-11-03

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
$3,360/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
$139,980
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 23, 2026.

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