Active Listing  ·  131 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

Unit 419 is the top floor — the fourth floor — with no one above you and a courtyard-facing orientation that sets it apart from every outward-facing unit in the building. The result is a noticeably quieter, more private feel, with south-facing natural light flooding through 8-foot sliding glass doors that open to a large private balcony overlooking the pool and courtyard. Inside, 10-foot flat ceilings and 8-foot interior doors throughout give the space an open, elevated quality that you immediately notice.

The large, functional U-shaped kitchen is one of the best layouts in the building — designed for someone who actually cooks and entertains. The dedicated built-in office area with floor-to-ceiling storage makes this a very comfortable work-from-home environment, and the primary bath features a dual vanity, walk-in shower, and walk-in closet.

The garage parking spot is a standout — sized to fit a large vehicle and positioned close to the elevator, just like the unit itself, making daily life genuinely convenient.

At $451/sqft, this home is priced 15% 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 #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 ,

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
4315 S Congress Ave #317
Congress Lofts Condominiums
$329,000 $406 1 bd / 1 ba 811 sqft , 2026-08-18
4510 Terry O Ln #405
South Austin Industrial Park, Section A
$349,000 $405 1 bd / 1 ba 861 sqft , 2026-08-27
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 #205
South Austin Indust Park Ph A
$326,500 $456 1 bd / 1 ba 716 sqft , 2026-05-06
4315 S Congress Ave #330
Congress Lofts Condominiums
$307,500 $404 1 bd / 1 ba 761 sqft , 2026-09-02

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 (20% down · 7.25% rate)

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~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 · 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 12, 2026.

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