Active Listing  ·  99 days on market

4801 S Congress Ave #N2

Austin, TX 78745
$315,000
2 Bed 2 Bath 1,200 sqft $263/sqft Built 2006 0.05 acres 2-Car Garage Pool Bel Air Condo Amd

Experience the best of urban Austin living in this stylish 2-bedroom, 1.5-bath loft-style condo, perfectly positioned just steps from the vibrant St. Elmo District and backing to the 4-acre Battle Bend Park. Designed with a modern industrial aesthetic, the home features exposed steel beams, high ceilings, expansive windows that flood the space with natural light, polished concrete floors, sleek European-inspired cabinetry, stainless steel appliances, fresh interior paint, and a full-size washer and dryer. The showstopper is the oversized private rooftop terrace—an incredible extension of the living space perfect for entertaining, relaxing, or taking in the Austin horizon. Enjoy the convenience of an attached two-car garage, secure gated access, and low HOA dues, all just minutes from Downtown Austin, St. Edward's University, major employers, coffee bars, restaurants, shopping, nightlife, and public transit. Whether you're looking for a low-maintenance primary residence or an investment in one of Austin's most exciting and evolving neighborhoods, this move-in-ready Bel Air Loft delivers the ideal blend of style, location, and lifestyle.

At $263/sqft, this home is 33% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4801 S Congress Ave #N2, Austin, TX 78745

Property Details

Price $315,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,200 sqft
Lot Size 0.05 acres (2,178 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bel Air Condo Amd
County Travis
Zip Code 78745
$/sqft $263/sqft
Days on Market ,
HOA $276/Monthly
Annual Tax Est. $5,779.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240047166
List Date July 17, 2026
Elementary School Galindo
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 · July 17, 2026 $375,000
Previous ask $340,000
Current ask $315,000
▼ Reduced $60,000 (-16.0%) 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
6001 Leisure Run Rd
Turtle Creek Estates Sec 01
$315,000 $245 3 bd / 2 ba 1,287 sqft , 2026-02-12
4361 S Congress Ave #606
PUBLIC Lofts Condominiums
$319,900 $245 2 bd / 2 ba 1,305 sqft , 2026-08-21
6101 IDLEWOOD Cv
FLOURNOYS SWEETBRIAR SEC X
$325,000 $345 3 bd / 1 ba 943 sqft , 2026-07-09
601 Orland Blvd
Greenwood Forest Sec 01
$325,000 $347 3 bd / 1 ba 936 sqft , 2026-08-10
4510 Terry O Ln #223
South Austin Industrial Park, Section A
$327,990 $381 1 bd / 1 ba 861 sqft , 2026-08-11

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 October 24, 2026.

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