Active Listing  ·  8 days on market

4510 Terry O Ln #112

Austin, TX 78745
$285,000
1 Bed 1 Bath 752 sqft $379/sqft Built 2023 0.02 acres 1-Car Garage Pool The Station at St. Elmo

Welcome to The Station at St. Elmo #112, a rare opportunity to own one of the community's most desirable one-bedroom residences. Unlike most units in the building, this first-floor home features soaring 13-foot ceilings, creating an expansive, light-filled living space that feels significantly larger than its 752 square feet.

One of the biggest advantages of Unit #112 is its unbeatable location within the community. Skip the elevator entirely and enjoy direct access to the resort-style pool, outdoor grilling area, fitness center, and beautifully designed courtyard amenities just steps from your front door. Whether you're heading out for a morning workout, relaxing by the pool, or entertaining friends, the convenience is unmatched.

Inside, the thoughtfully designed floor plan offers modern finishes, an open-concept kitchen with ample storage, spacious living and dining areas, a generous primary suite, and a private outdoor patio. The impressive ceiling height elevates every room, giving the home a custom, loft-like feel rarely found in condo living.

Residents of The Station at St. Elmo enjoy an exceptional collection of amenities including a rooftop sky lounge with downtown views, private coworking spaces, conference rooms, yoga studio, dog park, dog wash station, resident lounge, and secure garage parking with EV charging.

Located in the heart of Austin's thriving St. Elmo District, you're just steps from The Yard, St. Elmo Brewing, Still Austin Whiskey Co., Spokesman Coffee, restaurants, fitness studios, and some of South Austin's most exciting destinations. With Downtown Austin, South Congress, The Domain, and Austin-Bergstrom International Airport all within easy reach, this is lock-and-leave living at its finest.

At $379/sqft, this home is 3% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4510 Terry O Ln #112, Austin, TX 78745

Property Details

Price $285,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 752 sqft
Lot Size 0.02 acres (696.96 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Station at St. Elmo
County Travis
Zip Code 78745
$/sqft $379/sqft
Days on Market ,
HOA $218/Monthly
Annual Tax Est. $4,115.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242559370
List Date August 6, 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.

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
2409 Leon St #307
Stoneleigh Condo
$285,000 $375 2 bd / 2 ba 761 sqft , 2026-02-13
5332 Balcones Dr #B
Highland Park West Condo Amd
$285,000 $286 2 bd / 2 ba 995 sqft , 2026-04-19
7104 Villita Avenida St
Frontier At Montana Amd
$285,000 $302 2 bd / 1 ba 944 sqft , 2026-04-29
2815 Rio Grande St #204
Gazebo Condo
$285,000 $560 2 bd / 1 ba 509 sqft , 2026-05-13
2308 Enfield Rd #204
Tarrytown Terrace Condo
$284,000 $452 1 bd / 1 ba 628 sqft , 2026-04-11

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (~2.1% TX avg)−$499
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-805

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 13, 2026.

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