Active Listing  ·  26 days on market

4510 Terry O Ln #344

Austin, TX 78745
$429,900
2 Bed 2 Bath 1,052 sqft $409/sqft Built 2024 3.06 acres 2-Car Garage Pool The Station at St. Elmo

Premier top-floor corner residence at The Station at St. Elmo—one of the community’s most desirable units with no neighbor above or on the west side, offering exceptional privacy, pool views, and an expansive balcony. This like-new 2BR/2BA is elevated by nearly $9,000 in custom Hunter Douglas remote-controlled shades, designer finishes, a professional-grade refrigerator, and two reserved spaces in the gated underground garage—including a private EV charger. A large private storage unit provides ample space for paddleboards, outdoor gear, and personal equipment, with additional bike storage available in the garage.

Enjoy resort-style amenities including a pool, fitness and yoga studios, dog park and pet spa, private coworking spaces, speakeasy-style library, and rooftop observation deck with community kitchen. Walk to The Yard, pickleball, breweries, wineries, food trucks, coffee, restaurants, entertainment, and Tesla, with SoCo, Downtown Austin, and the airport just minutes away. Premium location. Exceptional upgrades. The ultimate lock-and-leave South Austin lifestyle.

At $409/sqft, this home is priced 4% 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 #344, Austin, TX 78745

Property Details

Price $429,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,052 sqft
Lot Size 3.06 acres (133,424.28 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision The Station at St. Elmo
County Travis
Zip Code 78745
$/sqft $409/sqft
Days on Market ,
HOA $252.69/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245044387
List Date August 28, 2026
Elementary School Galindo
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 28, 2026 $439,900
Current ask $429,900
Reduced $10,000 (-2.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
509 Westmorland Dr
Greenwood Hills Sec 06
$432,500 $361 3 bd / 2 ba 1,199 sqft , 2026-07-03
4315 S Congress Ave #411
Congress Lofts Condominiums
$435,000 $447 2 bd / 2 ba 973 sqft , 2026-09-02
4510 Terry-O Ln #406
South Austin Indust Park Ph A
$419,900 $558 1 bd / 1 ba 752 sqft , 2024-10-02
307 Thistlewood Dr
Community Fairview Sec 04
$440,000 $364 3 bd / 2 ba 1,210 sqft , 2026-09-16
504 Heartwood Dr
Community Fairview Sec 02
$419,000 $309 3 bd / 2 ba 1,358 sqft , 2026-03-19

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
$2,064/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
$85,980
20% conventional investment loan

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

Estimated Gross Rent+$2,064
Principal + Interest−$2,346
Property Tax (~2.1% TX avg)−$752
Insurance (~0.5%)−$179
Est. Monthly Cash Flow $-1,213

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 September 11, 2026.

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