Active Listing  ·  287 days on market

4801 Springdale Rd #1106

Austin, TX 78723
$249,500
1 Bed 1 Bath 701 sqft $356/sqft Built 2022 0.05 acres Pool GRAVITY ATX CONDOMINIUMS

Welcome to your “lock-and-leave” dream at 4801 Springdale! This like-new condo is perfectly positioned for easy access to downtown Austin, East Austin's foodie scene and the airport. Step into a modern oasis with high-end touches: the kitchen features top-of-the-line Samsung appliances and both the refrigerator + washer/dryer stay with the unit. Walk out from your private covered patio and gaze over the resort-style pool, right in your own backyard.

The building brings the amenities: resort pool, dog-wash & dog-run, rooftop lounge with TVs + grills + yard games, and lovely paved walking trails throughout the grounds. You'll have your assigned parking spot #17 and an additional storage closet on 4th floor (#S124) for even more convenience.

Location is everything: you're just minutes from standout East Austin dining like Bambino, where wood-fired pizza meets neighborhood charm. Want a casual bite or cocktails? Try The Front Page down at Springdale General. It is perfect for a quick stop or a laid-back night out. If you're craving green space, you've got access to nearby trails and parks to get outside and move, whether it's a walk, run or fresh air moment. This condo is quiet, stylish and ready for you. It's more than a home, it's a lifestyle upgrade.

At $356/sqft, this home is 9% 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

4801 Springdale Rd #1106, Austin, TX 78723

Property Details

Price $249,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 701 sqft
Lot Size 0.05 acres (2,099.59 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Condominium
Subdivision GRAVITY ATX CONDOMINIUMS
County Travis
Zip Code 78723
$/sqft $356/sqft
Days on Market ,
HOA $512/Monthly
Annual Tax Est. $5,012.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210306643
List Date October 31, 2025
Elementary School Pecan Springs
Middle School Martin
High School Northeast Early College
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
1313 Perez St
Chernosky 09
$265,000 $315 1 bd / 1 ba 840 sqft , 2026-05-12
1408 Luna St
Chernosky 09
$204,000 $402 2 bd / 1 ba 508 sqft , 2026-05-27
1410 Luna St
Chernosky 09
$204,000 $317 2 bd / 1 ba 644 sqft , 2026-05-27
1616 Webberville Rd #A
Flournoy's Eastern Hills Sec 4
$325,000 $451 2 bd / 1 ba 720 sqft , 2026-01-07

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
$1,198/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
$49,900
20% conventional investment loan

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

Estimated Gross Rent+$1,198
Principal + Interest−$1,362
Property Tax (~2.1% TX avg)−$437
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-705

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 May 25, 2026.

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