Active Listing  ·  124 days on market

4507 E Martin Luther King Jr Blvd #133

Austin, TX 78721
$199,990
2 Bed 2 Bath 1,210 sqft $165/sqft Built 2017 0.06 acres Pool Eagle View Place

Beautifully designed condo in Austin featuring a bright, open layout ideal for modern living. A welcoming foyer leads into a spacious living area filled with natural light and serene golf course views. The all white kitchen stands out with shaker style cabinetry, quartz countertops, stainless steel appliances, a breakfast bar, center island, and pantry, with all major appliances, including washer and dryer conveying. The primary suite offers a peaceful retreat with continued golf course views, a spacious closet, and an ensuite bath featuring dual sinks and a tub/shower combo. Low maintenance flooring throughout adds both style and convenience. Perfectly positioned just minutes from downtown, this home sits directly across from Morris Williams Golf Course and is only a short drive to the vibrant Mueller Development, known for its parks, trails, shopping, dining, and community events. Enjoy quick access to popular restaurants, local coffee shops, fitness studios, and entertainment venues, along with nearby schools and everyday essentials. With unbeatable location, thoughtful design, and elevated finishes throughout, this condo delivers the ideal blend of comfort, convenience, and lifestyle. Schedule your tour today, opportunities like this don’t last. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

At $165/sqft, this home is 58% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4507 E Martin Luther King Jr Blvd #133, Austin, TX 78721

Property Details

Price $199,990
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,210 sqft
Lot Size 0.06 acres (2,408.87 sqft)
Year Built 2017
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Eagle View Place
County Travis
Zip Code 78721
$/sqft $165/sqft
Days on Market ,
HOA $288/Monthly
Annual Tax Est. $8,192.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224696518
List Date April 2, 2026
Elementary School Norman-Sims
Middle School Martin
High School Northeast Early College
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
1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii
$199,990 $192 2 bd / 3 ba 1,042 sqft , 2025-10-28
4500 E Oltorf St #D410
Monaco Condo Amd
$199,999 $199 2 bd / 2 ba 1,004 sqft , 2026-04-06
6006 Palm Cir
Country Club Gardens Sec 04
$200,000 $176 3 bd / 2 ba 1,135 sqft , 2026-07-16
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14
11901 Swearingen Dr #110
Reflections Of Walnut Creek III
$199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02

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
$960/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
$39,998
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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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