Active Listing  ·  140 days on market

4510 Terry-O Ln #205

Austin, TX 78745
$326,500
1 Bed 1 Bath 716 sqft $456/sqft Built 2024 1-Car Garage Pool New Construction South Austin Indust Park Ph A

Discover elevated urban living at 4510 Terry-O Ln #205 in Austin, TX 78745. Completed in 2024, this newly constructed condominium blends modern design with effortless comfort, offering a refined living experience in one of Austin’s most desirable locations.

Thoughtfully designed with clean lines and contemporary finishes, the residence delivers a fresh, sophisticated aesthetic throughout. Residents enjoy access to an impressive suite of amenities, including a fully equipped fitness center, resort-style pool, library, sky lounge, and a dedicated yoga and ballet studio—creating a lifestyle that seamlessly balances wellness, relaxation, and social connection.

Whether you're seeking a low-maintenance lifestyle or a stylish city retreat, this exceptional condominium offers the perfect blend of form, function, and elevated living. Experience modern Austin at its finest.

At $456/sqft, this home is priced 16% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4510 Terry-O Ln #205, Austin, TX 78745

Property Details

Price $326,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 716 sqft
Lot Size ,
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision South Austin Indust Park Ph A
County Travis
Zip Code 78745
$/sqft $456/sqft
Days on Market ,
HOA $215/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229054738
List Date May 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
4510 Terry O Ln #223
South Austin Industrial Park, Section A
$327,990 $381 1 bd / 1 ba 861 sqft , 2026-08-11
4315 S Congress Ave #317
Congress Lofts Condominiums
$329,000 $406 1 bd / 1 ba 811 sqft , 2026-08-18
4510 Terry O Ln #419
The Station at St Elmo
$339,000 $451 1 bd / 1 ba 752 sqft , 2026-05-15
4315 S Congress Ave #330
Congress Lofts Condominiums
$307,500 $404 1 bd / 1 ba 761 sqft , 2026-09-02
4510 Terry O Ln #405
South Austin Industrial Park, Section A
$349,000 $405 1 bd / 1 ba 861 sqft , 2026-08-27

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
$1,567/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
$65,300
20% conventional investment loan

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

Estimated Gross Rent+$1,567
Principal + Interest−$1,782
Property Tax (~2.1% TX avg)−$571
Insurance (~0.5%)−$136
Est. Monthly Cash Flow $-922

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 May 7, 2026.

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