Active Listing  ·  68 days on market

4412 Banister Ln #1

Austin, TX 78745
$1,025,000
4 Bed 3 Bath 2,601 sqft $394/sqft Built 2025 0.24 acres Pool New Construction Banister Acres

A striking architectural statement in the heart of South Austin, this exceptional residence seamlessly blends modern sophistication with thoughtful design, creating a home that is as beautiful as it is livable. Framed by curated landscaping and expansive windows that fill the interiors with natural light, the home embraces an effortless indoor-outdoor lifestyle.

Inside, an open-concept floor plan connects the living, dining, and kitchen spaces with ease, creating an inviting atmosphere for both everyday living and entertaining. The chef-inspired kitchen showcases custom cabinetry, marble countertops, unlacquered brass fixtures, and designer lighting, delivering a refined balance of style and functionality. Large glass doors extend the living spaces to a spacious covered patio, perfect for al fresco dining, hosting guests, or enjoying quiet evenings outdoors. A well-appointed mudroom adds practical storage and organization, while a private guest suite with a full bath completes the main level.

Upstairs, the luxurious primary suite serves as a private retreat, offering direct access to its own outdoor deck and an adjoining flex space ideal for a home office, fitness studio, nursery, or dressing lounge. The spa-inspired ensuite features a soaking tub, walk-in shower, dual vanities, and timeless designer finishes. An impressive walk-in closet with custom built-ins, abundant natural light, and exceptional storage elevates the suite even further.

Two spacious secondary bedrooms, a beautifully appointed full bath, and a generous second living area complete the upper level.

This home offers convenient access to some of Austin’s favorite restaurants, breweries, coffee shops, boutiques, and entertainment destinations just minutes away. With nearby greenbelt trails and a location just 15 minutes from Downtown Austin and Austin-Bergstrom International Airport, this residence delivers the ideal blend of luxury, convenience, and quintessential Austin living.

At $394/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

4412 Banister Ln #1, Austin, TX 78745

Property Details

Price $1,025,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,601 sqft
Lot Size 0.24 acres (10,389.06 sqft)
Year Built 2025
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Banister Acres
County Travis
Zip Code 78745
$/sqft $394/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,707.47
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239308135
List Date July 16, 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 16, 2026 $1,125,000
Previous ask $1,075,000
Current ask $1,025,000
Reduced $100,000 (-8.9%) 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
3012 S 4th St #B
GROVE CONDO AMD
$975,000 $359 4 bd / 3 ba 2,713 sqft , 2026-05-07
4402 Banister Ln #1
Banister Acres
$1,099,000 $393 4 bd / 3 ba 2,800 sqft , 2026-09-10
3204 Overcup Oak Dr #A
South Terrace
$1,099,999 $491 4 bd / 5 ba 2,242 sqft , 2026-09-10
3700 Garden Villa Ln #2
3700 Garden Villa Condo
$950,000 $474 4 bd / 3 ba 2,005 sqft , 2026-09-13
5105 Woodgreen Cv
Southern Oaks Sec 05
$920,000 $427 4 bd / 3 ba 2,157 sqft , 2026-08-28

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
$4,920/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
$205,000
20% conventional investment loan

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

Estimated Gross Rent+$4,920
Principal + Interest−$5,594
Property Tax (~2.1% TX avg)−$1,794
Insurance (~0.5%)−$427
Est. Monthly Cash Flow $-2,895

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 20, 2026.

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