Active Listing  ·  74 days on market

4704 Sunset Trl #1201

Austin, TX 78745
$399,000
2 Bed 2 Bath 1,073 sqft $372/sqft Built 2020 0.07 acres Pool Grange Condominiums

Welcome to The Grange! An incredible resort style condo development in the heart of Westgate/Sunset Valley. Unit #1201 is a 1073ft second floor corner unit with two bedrooms and two bathroom, and an SE facing living space and patio it's a natural light magnet in the morning and protects from the afternoon sun.

These units rarely hit the market, with only four units re-sold since the 2020 construction delivery date. The owner made a significant upgrade to each closet space with full Elfa adjustable shelving and additionally, the water heater was replaced last year and is under warranty.

There are two covered parking spaces and the elevator to the second level is close to both the parking spaces on the ground floor and the unit door.

You'll love the tight knit community, which centers around the incredible resort-style pool. There's a shaded pool house with bathroom and BBQ grills. There's a separate fully fenced dog park area as well on the south side of the property.

Inquire about our preferred lender rate buy down program. Minimum lease length 180 days (no STR's).

Some photos have been virtually staged to help illustrate the property’s potential.

At $372/sqft, this home is 5% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4704 Sunset Trl #1201, Austin, TX 78745

Property Details

Price $399,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,073 sqft
Lot Size 0.07 acres (2,857.54 sqft)
Year Built 2020
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Grange Condominiums
County Travis
Zip Code 78745
$/sqft $372/sqft
Days on Market ,
HOA $414/Monthly
Annual Tax Est. $8,137.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231099477
List Date May 22, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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.

Schedule a Call →

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 22, 2026 $439,000
Previous ask $419,000
Current ask $399,000
Reduced $40,000 (-9.1%) 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
204 Chippendale Ave
Greenwood Hills Sec 02
$399,000 $334 3 bd / 1 ba 1,196 sqft , 2026-03-29
2612 San Pedro St #112
Treehouse Condominiums
$399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19
11105 Avery Station Loop #25
Northwoods Avery Station Condo
$399,000 $278 2 bd / 3 ba 1,435 sqft , 2026-04-23
3110 Red River St #C-402
Sterling Crest Condo Am
$399,000 $421 2 bd / 2 ba 947 sqft , 2026-05-05
1701 Simond Ave #612
Parkside/Mueller Condos
$399,000 $459 1 bd / 1 ba 870 sqft , 2026-05-12

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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