Active Listing  ·  53 days on market

4801 S Congress Ave #H1

Austin, TX 78745
$348,000
1 Bed 2 Bath 900 sqft $387/sqft Built 2008 0.03 acres 1-Car Garage Pool Bel Air Condominiums

Will consider a 12-month lease purchase, see flyer for details. Discover unparalleled urban living in this sophisticated two-story townhome, where modern design seamlessly blends with industrial chic aesthetics. This residence, part of a secure gated community, offers a private entrance for an exclusive feel. The dynamic open-concept living area boasts soaring high ceilings and an industrial-chic staircase that creates an immediate visual impact, flowing effortlessly into a contemporary kitchen. Here, you will find stainless steel appliances, a gas range, microwave, refrigerator, a convenient breakfast bar, and a kitchen island, all complemented by wood and concrete flooring throughout. The multi-level layout enhances the sense of space and modern elegance, perfect for both relaxation and entertaining. Ascend the striking modern staircase with its diamond plate stairs and minimalist handrails, featuring tile flooring, leading to the upper levels. The versatile work-from-home space, with its exposed ductwork and polished hardwood flooring, offers a productive and inspiring environment. Bedrooms are designed as serene retreats, featuring high ceilings, warm wood or bamboo flooring, and abundant natural light, with some offering direct access to a private balcony. The bathrooms maintain a sleek, contemporary style with basin sinks, streamlined vanities, and recessed lighting, while a clever laundry area integrates a stacked washer/dryer for ultimate convenience. Located in Austin, this home provides an ideal blend of style, comfort, and accessibility.

At $387/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,642 active listings. View Austin market report →

Location

4801 S Congress Ave #H1, Austin, TX 78745

Property Details

Price $348,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths 1
Living Area 900 sqft
Lot Size 0.03 acres (1,481.04 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Bel Air Condominiums
County Travis
Zip Code 78745
$/sqft $387/sqft
Days on Market ,
HOA $190/Monthly
Annual Tax Est. $4,623.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231803672
List Date June 12, 2026
Elementary School Galindo
Middle School Mendez
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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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
2302 East Side Dr #28
Travis Heights Terrace Condomi
$348,500 $362 2 bd / 2 ba 964 sqft , 2026-01-28
2505 Thornton Rd #2204
Thornton Trails
$349,000 $475 1 bd / 1 ba 735 sqft , 2026-05-27
54 Rainey St #811
Milago Condo Amd
$349,000 $462 1 bd / 1 ba 756 sqft , 2026-06-05
2124 E 6th St E #205
Twentyone24 Condo Amd
$349,000 $419 1 bd / 1 ba 832 sqft , 2026-06-18
1807 Poquito St #30
Willow Branch Lofts
$349,000 $403 2 bd / 2 ba 866 sqft , 2026-07-14

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
$1,670/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
$69,600
20% conventional investment loan

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

Estimated Gross Rent+$1,670
Principal + Interest−$1,899
Property Tax (~2.1% TX avg)−$609
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-983

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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