Active Listing  ·  159 days on market

4418 Red River St #1

Austin, TX 78751
$1,475,000
4 Bed 4 Bath 1,884 sqft $783/sqft Built 2023 0.11 acres 1-Car Garage Pool Ridgetop Annex

Ember House is a modern, design-forward residence in the heart of Austin built with short-term rental performance, lifestyle, and flexibility in mind. Whether you’re searching for a turnkey investment, second home, or primary residence, this property delivers a rare combination of location, design, and income potential. Over $56K in bookings since late February 2026 launch.

Sold fully furnished and professionally curated, this home offers a boutique hotel experience with a clean, modern aesthetic and a true resort-style feel in the city.

Inside, you’ll find a light-filled, open-concept floor plan featuring white oak flooring, designer lighting, and a warm neutral palette that creates an elevated yet inviting atmosphere. The chef’s kitchen is outfitted with Bosch appliances, sleek cabinetry, quartz countertops, and a large entertainer’s island, perfect for hosting guests.

The thoughtfully designed layout includes multiple private bedroom suites offering privacy and flexibility for STR and MTR guests, while also functioning seamlessly for full-time living.

Step outside to your own private courtyard retreat, designed for both relaxation and entertainment:

- Hot tub

- Fire pit lounge

- Outdoor dining + seating areas

- Ping pong + entertainment space

- Covered patios + private balcony

This is the type of “experience-driven” property that commands premium nightly rates and strong guest reviews.

Unbeatable Central Austin location minutes from:

- University of Texas

- Downtown Austin + Rainey Street

- East Austin restaurants, bars, and nightlife

- Mueller District shopping + dining

- Major hospitals and tech employers

For investors, this location supports year-round STR and MTR demand with strong booking potential tied to:

- SXSW

- ACL Festival

- Formula 1

- UT football + campus events

- Medical and corporate travel

Turnkey, fully furnished, and strategically located, this is a rare opportunity to own a high-performing STR in Austin.

At $783/sqft, this home is priced 100% 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

4418 Red River St #1, Austin, TX 78751

Property Details

Price $1,475,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 1,884 sqft
Lot Size 0.11 acres (4,913.57 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ridgetop Annex
County Travis
Zip Code 78751
$/sqft $783/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,428.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220076452
List Date February 26, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
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
800 W 5th St #1008
Downtown
$1,455,000 $587 3 bd / 2 ba 2,478 sqft , 2026-02-25
1410 Woodlawn Blvd #B
14ten Condos
$1,495,000 $681 3 bd / 4 ba 2,196 sqft , 2026-03-12
11309 Zyle Ln
Wilkerson Estates
$1,495,000 $598 3 bd / 2 ba 2,500 sqft , 2026-05-28
4004 Ridgelea Dr
Ridgelea
$1,495,000 $802 4 bd / 2 ba 1,865 sqft , 2026-06-12
800 Embassy Dr #605
Tyndall
$1,498,000 $757 3 bd / 3 ba 1,978 sqft , 2026-02-12

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
$7,080/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
$295,000
20% conventional investment loan

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

Estimated Gross Rent+$7,080
Principal + Interest−$8,050
Property Tax (~2.1% TX avg)−$2,581
Insurance (~0.5%)−$615
Est. Monthly Cash Flow $-4,166

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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