Active Listing  ·  154 days on market

4802 S Congress Ave #213

Austin, TX 78745
$280,000
1 Bed 1 Bath 824 sqft $340/sqft Built 2024 0.22 acres 1-Car Garage Pool The Bend Condominiums

Located in the heart of South Central Austin, this stylish second-floor condo at The Bend offers modern living with unbeatable walkability just steps from the vibrant South Congress district. This thoughtfully designed 1-bedroom, 1-bath residence features an open-concept layout filled with natural light, a contemporary kitchen with stainless steel appliances and generous counter space, and seamless living and dining areas perfect for everyday living or entertaining. The spacious bedroom includes a large walk-in closet and a well-appointed bathroom with rare dual vanities, while a private balcony provides the perfect spot for morning coffee. Residents enjoy secure underground parking, a creek-facing pool, state-of-the-art fitness center, dog park and wash station, walking trail, community garden, and controlled access, all in a pet-friendly community minutes from Austin’s best dining, shopping, and live music. Unit comes with assigned parking space and private access.

At $340/sqft, this home is 13% 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

4802 S Congress Ave #213, Austin, TX 78745

Property Details

Price $280,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 824 sqft
Lot Size 0.22 acres (9,757.44 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Bend Condominiums
County Travis
Zip Code 78745
$/sqft $340/sqft
Days on Market ,
HOA $206/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222444639
List Date March 13, 2026
Elementary School Pleasant Hill
Middle School Bedichek
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.

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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 · March 13, 2026 $328,000
Previous ask $290,000
Current ask $280,000
Reduced $48,000 (-14.6%) 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
500 E Riverside Dr #154
Riverwalk Condo Amd
$280,000 $489 1 bd / 1 ba 573 sqft , 2026-05-05
1101 Grove Blvd #208
Townhomes At Riverside Grove
$280,000 $267 2 bd / 3 ba 1,048 sqft , 2026-06-04
3815 Guadalupe None #207
Avenel At Hyde Park Condo
$279,900 $335 2 bd / 1 ba 836 sqft , 2025-02-04
2804 Rio Grande St #208
Westview Condo
$279,900 $344 2 bd / 2 ba 814 sqft , 2026-06-24
2907 Pearl St #102
Pearl Street Condo Ph 01
$279,900 $299 2 bd / 2 ba 936 sqft , 2026-07-23

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (~2.1% TX avg)−$490
Insurance (~0.5%)−$117
Est. Monthly Cash Flow $-791

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 August 6, 2026.

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