Active Listing  ·  130 days on market

4802 S Congress Ave #215

Austin, TX 78745
$319,000
1 Bed 1 Bath 625 sqft $510/sqft Built 2023 0.02 acres 1-Car Garage Pool The Bend Condominium

$25K+ in upgrades + exclusive below-market rate opportunity (starting as low as 5.125%*) + EV parking + private storage - this is one of the best values at The Bend. This thoughtfully upgraded 1-bed, 1-bath condo lives larger than its size with a bright open layout and a custom Murphy bed for flexible living and guest space. The kitchen features a premium custom pantry system for added storage and organization.

A major buyer advantage is the lender-paid 2-1 buydown, offering lower monthly payments upfront with potential savings of nearly $6K over the first 2 years, plus the option to refinance with no lender costs if rates drop.

Includes assigned garage parking with EV charging (no additional EV spaces available) and a rare same-floor private storage unit. The Bend offers a resort-style setting with pool, fitness center, trails, courtyards, and outdoor gathering spaces. Minutes to South Congress, Downtown Austin, and major employers.

At $510/sqft, this home is priced 30% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4802 S Congress Ave #215, Austin, TX 78745

Property Details

Price $319,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 625 sqft
Lot Size 0.02 acres (858.13 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision The Bend Condominium
County Travis
Zip Code 78745
$/sqft $510/sqft
Days on Market ,
HOA $213/Monthly
Annual Tax Est. $4,581.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224113520
List Date March 27, 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.

Schedule a Call →

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
715 W 22nd 1/2 St #204
Georgian Condo
$319,000 $468 2 bd / 1 ba 682 sqft , 2026-05-05
2220 Webberville Rd #216
Axiom East Condos
$320,000 $441 1 bd / 1 ba 725 sqft , 2026-05-15
1320 Robert Browning St #408
Greenway Lofts Condo
$320,000 $581 1 bd / 1 ba 551 sqft , 2026-06-25
3613 Jetson Way #112
George
$320,000 $393 1 bd / 1 ba 815 sqft , 2026-07-30
800 Embassy Dr #413
Sarah and Lydia M. Robertson's Subdivision
$317,000 $444 1 bd / 1 ba 714 sqft , 2026-03-04

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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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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