Active Listing  ·  13 days on market

4415 Hank Ave

Austin, TX 78745
$475,000
3 Bed 2 Bath 967 sqft $491/sqft Built 1952 0.20 acres Pool Banister Acres Sec 2

Hank is a charming 1950s cottage just two blocks south of 78704/Ben White. The neighborhood has great connectivity for easy commutes and a mix of redevelopment and updated originals. The Hank house is a pier and beam home with original wood floors that has been owner-occupied and updated. Off the kitchen is a large screened back patio with Hardi-type siding, added storage and a laundry closet with a gray water diversion option. Hank also has had electrical upgrades, the roof replaced in 2020, upgraded windows throughout, drain lines replaced from the house to the street, a "tread" style drive way added, an irrigation system installed, the water heater has been updated to a tankless, and the front/west side has been changed to Hardi-type siding. The prior owner’s backside room addition has been used as guest area with separate entry. Even with updates, the value is in the land. Hank has a large, mostly level lot - 8,533 square feet (per TCAD). Owner/agent’s adjacent 8542 square feet (per TCAD) at 4414 Jinx Avenue is also available.

At $491/sqft, this home is priced 25% 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

4415 Hank Ave, Austin, TX 78745

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 967 sqft
Lot Size 0.20 acres (8,537.76 sqft)
Year Built 1952
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Banister Acres Sec 2
County Travis
Zip Code 78745
$/sqft $491/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,091
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242834596
List Date August 11, 2026
Elementary School St Elmo
Middle School Covington
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
4414 Jinx Ave
Banister Acres Sec 02
$475,000 $640 2 bd / 1 ba 742 sqft , 2026-08-11
2015 Fair Oaks Dr
Southern Oaks Sec 01
$497,900 $428 3 bd / 2 ba 1,164 sqft , 2026-06-02
3303 Doolin Dr #A
Valleyridge
$499,900 $543 2 bd / 1 ba 920 sqft , 2026-07-27
4315 S Congress Ave #332
Congress Lofts Condominiums
$450,000 $427 2 bd / 2 ba 1,055 sqft , 2026-08-19
806 Philco Dr #2
Greenwood Forest Sec 01
$449,900 $392 3 bd / 3 ba 1,149 sqft , 2026-06-06

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 12, 2026.

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