Active Listing  ·  181 days on market

4510 Terry O Ln #419

Austin, TX 78745
$339,000
1 Bed 1 Bath 752 sqft $451/sqft Built 2023 0.02 acres Pool The Station at St Elmo

TOP-FLOOR PRIVACY + $10,000 IN BUYER CONCESSIONS!

Unit 419 offers a rare combination of privacy, natural light, and convenience. Located on the fourth and top floor, this courtyard-facing residence has no neighbors above and enjoys a quieter, more private setting than outward-facing units. South-facing natural light fills the space through 8-foot sliding glass doors that open to a spacious private balcony overlooking the pool and courtyard.

The elevated interior features 10-foot flat ceilings and 8-foot interior doors throughout, creating an open, airy feel. The functional U-shaped kitchen offers an ideal layout for cooking and entertaining, while a dedicated built-in office with floor-to-ceiling storage makes working from home effortless. The primary suite includes a dual vanity, walk-in shower, and walk-in closet.

Enjoy the added convenience of a generously sized garage parking space that accommodates a large vehicle and is located near the elevator.

? NEW BUYER INCENTIVE: $10,000 IN CONCESSIONS! Put this money toward your down payment or use it for a 2-1 mortgage rate buydown to help lower your monthly payments during the first two years of homeownership. Don't miss this opportunity to own a private top-floor residence with exceptional features and valuable savings!

Concessions are subject to lender approval, loan program guidelines, and applicable transaction terms.

At $451/sqft, this home is priced 16% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4510 Terry O Ln #419, Austin, TX 78745

Property Details

Price $339,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 752 sqft
Lot Size 0.02 acres (701.32 sqft)
Year Built 2023
Garage ,
Stories ,
Type Residential · Condominium
Subdivision The Station at St Elmo
County Travis
Zip Code 78745
$/sqft $451/sqft
Days on Market ,
HOA $252.69/Monthly
Annual Tax Est. $4,542.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230220952
List Date May 15, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
School District Austin ISD

Austin ISD

St Elmo · Bedichek · Travis

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 · May 15, 2026 $349,000
Current ask $339,000
▼ Reduced $10,000 (-2.9%) 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
4510 Terry O Ln #405
South Austin Industrial Park, Section A
$330,000 $383 1 bd / 1 ba 861 sqft , 2026-08-27
4315 S Congress Ave #315
Congress Lofts Condominiums
$350,000 $432 1 bd / 1 ba 811 sqft , 2026-11-05
4510 Terry O Ln #223
South Austin Industrial Park, Section A
$327,990 $381 1 bd / 1 ba 861 sqft , 2026-08-11
4510 Terry-O Ln #210
Station at St Elmo
$299,900 $399 1 bd / 1 ba 752 sqft , 2026-10-12
4802 S Congress Ave #215
The Bend Condominium
$299,000 $478 1 bd / 1 ba 625 sqft , 2026-03-27

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (assumed ~2.1%)−$593
Insurance (assumed ~0.5%)−$141
Est. Monthly Cash Flow $-957

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 · 41 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. The written content was last updated on October 30, 2026.

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

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