Active Listing  ·  266 days on market

4409 Banister Ln #BLDG 1

Austin, TX 78745
$1,225,000
4 Bed 4 Bath 2,217 sqft $553/sqft Built 2026 0.23 acres 1-Car Garage Pool New Construction Banister Acres

This award-winning modern homes by Joseph Design Build offers refined urban living in Austin's highly desirable South Manchaca neighborhood. The residences features modern architecture with expansive windows that bathe the space in natural light, complemented by premium finishes including custom walnut cabinetry, white oak flooring throughout, and elegant stone countertops in the kitchen and bathrooms.

Homes are under construction, expected completion is spring 2026.

Significant builder buydown promotion available. Ask how to lower your rate!

Full inventory available at jdb.homes

At $553/sqft, this home is priced 41% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4409 Banister Ln #BLDG 1, Austin, TX 78745

Property Details

Price $1,225,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,217 sqft
Lot Size 0.23 acres (10,018.8 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Banister Acres
County Travis
Zip Code 78745
$/sqft $553/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT211374839
List Date November 11, 2025
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.

Schedule a Call →

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
1813 Crooked Ln
Colorado Hills Estates
$1,225,000 $580 4 bd / 4 ba 2,112 sqft , 2026-06-23
1905 Stoneridge Rd
Countryside Sec 01
$1,225,000 $667 4 bd / 2 ba 1,837 sqft , 2026-07-10
308 W North Loop Blvd #1
North Loop
$1,230,000 $443 4 bd / 4 ba 2,776 sqft , 2026-07-28
410 Kayak Way
Westside Landing / Rough Hollow
$1,235,000 $479 3 bd / 4 ba 2,578 sqft , 2026-02-05
2300 S 3rd St
Bawcom
$1,245,000 $693 3 bd / 2 ba 1,797 sqft , 2025-04-01

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
$5,880/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
$245,000
20% conventional investment loan

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

Estimated Gross Rent+$5,880
Principal + Interest−$6,685
Property Tax (~2.1% TX avg)−$2,144
Insurance (~0.5%)−$510
Est. Monthly Cash Flow $-3,459

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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