Active Listing  ·  137 days on market

4414 Banister Ln #2

Austin, TX 78745
$608,000
2 Bed 2 Bath 1,100 sqft $553/sqft Built 2025 0.24 acres Pool New Construction Banister Acres

Contemporary Sanctuary | Quiet, Stylish Living in South Austin Newly built by TCC Builders, this modern back residence blends striking architectural design with warm, livable comfort. Nestled on a private lot, it offers a rare balance of tranquility and style. A welcoming covered courtyard and soaring walls of windows set the tone upon arrival, creating an airy sense of connection between indoor and outdoor living. Inside, the open floor plan feels both intentional and inviting. The chef’s kitchen is the heart of the home—featuring a generous island, solid oak cabinetry, marble countertops, unlacquered brass fixtures, and designer lighting. It flows seamlessly into the living area, where expansive glass doors frame a stunning view of the courtyard. A main-level guest bedroom (also ideal as a home office) and a beautifully designed full bathroom complete the first floor. Upstairs, the light-filled primary suite offers a serene escape. The spa-inspired bathroom includes a walk-in shower, double vanity, and luxurious lighting and plumbing fixtures. Vaulted ceilings, natural light, and private deck access create a calming retreat that invites relaxation. Outdoors, a spacious shaded backyard provides an incredible setting for entertaining, gardening, or simply enjoying peaceful afternoons—privacy like this is truly rare in South Austin. Additional features include a side-by-side laundry area, wiring for sound and security, and convenient parking. Located minutes from St. Elmo and Westgate, this home keeps you close to vibrant dining, local breweries, and boutique shopping, while still feeling tucked away. Just 15 minutes from Downtown Austin and Austin-Bergstrom Airport, it offers convenience without compromise.

At $553/sqft, this home is priced 41% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4414 Banister Ln #2, Austin, TX 78745

Property Details

Price $608,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,100 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 $553/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,707.47
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224621143
List Date April 9, 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 · April 9, 2026 $615,000
Previous ask $612,500
Current ask $608,000
Reduced $7,000 (-1.1%) 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
4502 S 1st St
Hartkopf Annex
$619,000 $697 3 bd / 1 ba 888 sqft , 2026-06-26
2507 Western Trails Blvd
Western Trails Sec 06
$589,990 $424 3 bd / 2 ba 1,391 sqft , 2025-12-14
4315 S Congress Ave #105
Congress Lofts Condominiums
$585,000 $537 1 bd / 1 ba 1,089 sqft , 2026-07-17
4904 Enchanted Ln
Park Forest Sec 2
$649,946 $464 3 bd / 2 ba 1,400 sqft , 2026-04-24
4617 Englewood Dr #2
Greenwood Forest
$565,000 $467 2 bd / 3 ba 1,210 sqft , 2026-08-04

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
$2,918/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
$121,600
20% conventional investment loan

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

Estimated Gross Rent+$2,918
Principal + Interest−$3,318
Property Tax (~2.1% TX avg)−$1,064
Insurance (~0.5%)−$253
Est. Monthly Cash Flow $-1,717

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 10, 2026.

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