Active Listing  ·  105 days on market

4513 Hank Ave

Austin, TX 78745
$1,650,000
4 Bed 4 Bath 3,086 sqft $535/sqft Built 2026 0.21 acres 2-Car Garage Pool New Construction Forest Oaks

Located in South Austin, this newly constructed residence blends modern architecture, thoughtful design, and exceptional indoor-outdoor living. Spanning 3,086 square feet, the home offers four bedrooms, four full bathrooms, and a private backyard retreat complete with a heated pool and generous outdoor living space. A smooth stucco exterior accented by cream Lueders stone creates striking curb appeal and timeless modern design.

A dramatic vaulted ceiling anchors the main living area, complemented by wide-plank white oak flooring, designer lighting, statement chandeliers, and oversized all-aluminum windows with energy-efficient E-glass that fill the home with natural light. Expansive accordion glass doors seamlessly blend the living area with the covered patio, creating an effortless connection between indoor and outdoor spaces. Glass entry doors create a striking first impression, while mirrored garage doors add a distinctive architectural touch.

The chef's kitchen is designed for both everyday living and entertaining, featuring quartz countertops, a spacious island, Bosch oven and gas cooktop, wine refrigerator, wet bar, and an adjacent butler's pantry with matching quartz surfaces and abundant storage.

The primary suite offers a refined retreat with a spa-inspired bath finished in warm natural tones. Throughout the home, all bathrooms feature floor-to-ceiling tile, creating a clean and sophisticated aesthetic.

Outdoor living is equally impressive, with a covered patio, built-in grill, cream Lueders stone accents, and a large backyard surrounding the heated pool, an ideal setting for entertaining or relaxing year-round.

Combining elevated finishes, energy-efficient construction, and a sought-after South Austin location, this exceptional new construction home delivers modern luxury with thoughtful attention to detail throughout.

At $535/sqft, this home is priced 36% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4513 Hank Ave, Austin, TX 78745

Property Details

Price $1,650,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,086 sqft
Lot Size 0.21 acres (8,995.14 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest Oaks
County Travis
Zip Code 78745
$/sqft $535/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $23,438.6
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237476256
List Date June 25, 2026
Elementary School St Elmo
Middle School Bedichek
High School Austin
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 · June 25, 2026 $1,695,000
Previous ask $1,600,000
Current ask $1,650,000
▼ Reduced $45,000 (-2.7%) 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
908 Redd St
Forest Oaks
$1,649,950 $545 4 bd / 5 ba 3,028 sqft , 2026-08-28
4700 Banister Ln
Greenwood Forest Sec 02
$1,665,000 $541 4 bd / 5 ba 3,078 sqft , 2026-08-22
1509 Grayford Dr
Southridge West
$1,895,000 $682 4 bd / 3 ba 2,777 sqft , 2026-10-07
3412 South Oak Dr #A
South Oak
$1,349,000 $565 3 bd / 3 ba 2,389 sqft , 2026-05-07
404 Krebs Ln
Williamson Sec 02
$1,995,000 $642 4 bd / 4 ba 3,109 sqft , 2026-09-09

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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 13, 2026.

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