Active Listing  ·  113 days on market

4510 Terry-O Ln #210

Austin, TX 78745
$299,900
1 Bed 1 Bath 752 sqft $399/sqft Built 2024 1-Car Garage Pool Station at St Elmo

Grab a cold brew at Spokesman and walk across the street to your new home at this Station at St. Elmo 1-bedroom, 1-bathroom condo, where a pool-facing balcony and immediate access to The Yard’s brewery scene define the South Austin lifestyle. This 2nd-floor residence sits in the center of the city’s most talked-about industrial district, offering a layout that emphasizes social spaces and quick access to the best nightlife in 78745. The Station at St. Elmo neighborhood is the go-to spot for those who want to be steps away from local icons like St. Elmo Brewing and Still Austin Whiskey Co. The interior of this condo is designed to feel wide open, with a kitchen that features a stainless gas stove and dishwasher, modern cabinetry tile backsplash and under cabinet lighting, all looking out across the living room. This layout is great for having people over, especially since the living space extends directly onto a private balcony overlooking the pool. It is a view that keeps you connected to the energy of the complex while offering your own personal outdoor corner. Storage closets are tucked away throughout the floor plan along with the in-unit washer and dryer. Station at St. Elmo is more of a social club than a standard complex, featuring a rooftop lounge with views and beautifully landscaped courtyards. These outdoor spaces act as a picturesque backyard, complete with gas grills, a fireplace, and plenty of seating for hanging out under the Texas sky. For your daily routine, the building offers a yoga studio, a quiet library, and onsite office workspaces. Your pets are just as catered to with a private dog park and an onsite dog spa for easy cleanup. Gated garage parking with assigned space 162 keeps your car secure, and the available EV charging stations are a major perk for electric vehicle owners. Located just 4 miles from the heart of Downtown Austin and 7 miles from the airport, the Station at St. Elmo neighborhood puts you exactly where you need to be.

At $399/sqft, this home is priced 2% 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

4510 Terry-O Ln #210, Austin, TX 78745

Property Details

Price $299,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 752 sqft
Lot Size ,
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Station at St Elmo
County Travis
Zip Code 78745
$/sqft $399/sqft
Days on Market ,
HOA $218/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225836685
List Date April 13, 2026
Elementary School Galindo
Middle School Mendez
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.

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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
745 E Oltorf St E #201
Council Ridge Condominia Amd
$299,900 $325 2 bd / 1 ba 923 sqft , 2025-08-22
2509 Pearl St #7
Valencia Condo
$299,900 $335 2 bd / 2 ba 895 sqft , 2026-02-05
2804 Rio Grande St #208
Westview Condo
$299,900 $368 2 bd / 2 ba 814 sqft , 2026-06-24
2907 Pearl St #102
Pearl Street Condo Ph 01
$299,900 $320 2 bd / 2 ba 936 sqft , 2026-07-23
3709 Tower View Ct
Manor Hill
$299,990 $338 2 bd / 1 ba 888 sqft , 2025-08-13

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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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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