Active Listing  ·  14 days on market

4515 Unity Cir

Austin, TX 78731
$865,000
4 Bed 4 Bath 2,178 sqft $397/sqft Built 2019 0.06 acres 2-Car Garage Pool Grove Master Condos

Tucked inside The Grove, 4515 Unity Circle sits a short walk from the park and the neighborhood's tree-lined trails, with a layout that works for the way you actually live. As an end unit, natural light pours in from every level, complemented by timeless shutters throughout.

Out front, a fenced grassy yard and extended paver porch give room to play and gather, framed by planted trees and potted greenery against a modern exterior.

The first floor is built for flexibility. A private bedroom with tile floors and great natural light makes an easy guest room, home office, or space for extended family, with a full bath just steps away featuring a floating vanity, white quartz counters, and a walk-in glass shower. The two-car garage has a tankless water heater and generous storage.

Upstairs, the second floor is where life happens. The living room is wrapped in windows, finished with a neutral palette, built-in speakers, and balcony access for morning coffee. The kitchen anchors the home with a huge quartz island, breakfast bar seating, and a full Thermador appliance suite, including a five-burner gas cooktop, microwave, and dishwasher, alongside a Samsung fridge and reverse osmosis filtration. White cabinetry runs to the ceiling, and the dining area looks out over the front maple tree, with a walk-in pantry and half bath nearby.

The third floor keeps the bedrooms together while giving everyone their own space. The primary suite offers double closets, an oversized window, and an ensuite bath with modern tile, double sinks, and a walk-in shower with a bench. Two additional bedrooms, a third full bath, and the laundry room round out the floor, with two desk nooks for homework or work from home.

This is a home where every level has a purpose, from quiet mornings to full house dinners, set in an iconic Central Austin neighborhood. Favored restaurants, coffee shops, parks, playscapes, and trails are all part of the community, making it easy living at its finest.

At $397/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,588 active listings. View Austin market report →

Location

4515 Unity Cir, Austin, TX 78731

Property Details

Price $865,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,178 sqft
Lot Size 0.06 acres (2,570.04 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Grove Master Condos
County Travis
Zip Code 78731
$/sqft $397/sqft
Days on Market ,
HOA $438.6/Monthly
Annual Tax Est. $16,235.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246152212
List Date September 8, 2026
Elementary School Bryker Woods
Middle School O Henry
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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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
3905 Vantage Dr
The Grove
$875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03
3806 Bull Creek Rd #B
3806 Bull Crk Condos
$879,000 $487 3 bd / 3 ba 1,804 sqft , 2026-08-07
4412 Authentic Dr #206
The Grove
$845,000 $388 4 bd / 4 ba 2,178 sqft , 2026-06-24
1206 North St
GEORGIAN TERRACE
$895,000 $505 3 bd / 2 ba 1,771 sqft , 2026-09-18
2811 W Fresco Dr
Rosedale
$899,000 $426 4 bd / 3 ba 2,109 sqft , 2026-06-26

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
$4,152/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
$173,000
20% conventional investment loan

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

Estimated Gross Rent+$4,152
Principal + Interest−$4,721
Property Tax (~2.1% TX avg)−$1,514
Insurance (~0.5%)−$360
Est. Monthly Cash Flow $-2,443

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 21, 2026.

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