Active Listing  ·  44 days on market

4802 S Congress Ave #324

Austin, TX 78745
$349,000
2 Bed 2 Bath 1,248 sqft $280/sqft Built 2023 0.04 acres 2-Car Garage Pool Bend Condos

Welcome to effortless Austin living in one of the city’s most vibrant and connected locations. Set along South Congress, this inviting residence puts you at the center of the energy that makes Austin so irresistible—just minutes from Downtown, surrounded by iconic restaurants, coffee shops, live music, boutiques, fitness studios and some of the city’s favorite outdoor spaces. Whether you’re a new Austinite ready to immerse yourself in the lifestyle, a student looking for a location that makes getting around easy, a professional who wants to be close to everything, or simply someone who loves having the best of Austin right outside the door, this is a place that makes everyday life feel more like a weekend. Inside, the residence offers a comfortable, low-maintenance retreat from the city, with a layout designed for both relaxing and entertaining. And when it’s time to head out, you’re already where you want to be—grab coffee, meet friends for dinner, catch live music, explore South Congress, or make the quick trip downtown without spending your day in traffic. Perhaps one of the most coveted features is the convenience of two private parking spaces, a true luxury in this location and an exceptional advantage for residents with multiple vehicles or frequent guests. With easy access to major thoroughfares, Downtown Austin, UT, East Austin and beyond, the location delivers the rare combination of urban convenience and everyday livability. This isn’t simply a home—it’s your Austin home base, perfectly positioned to experience the city’s food, culture, music and energy while having a private place to come back to. Come for the location. Stay for the lifestyle.

At $280/sqft, this home is 28% 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

4802 S Congress Ave #324, Austin, TX 78745

Property Details

Price $349,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,248 sqft
Lot Size 0.04 acres (1,698.84 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bend Condos
County Travis
Zip Code 78745
$/sqft $280/sqft
Days on Market ,
HOA $388/Monthly
Annual Tax Est. $6,771.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243648203
List Date August 25, 2026
Elementary School St Elmo
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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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
4510 Terry O Ln #405
South Austin Industrial Park, Section A
$349,000 $405 1 bd / 1 ba 861 sqft , 2026-08-27
404 Normandy St
Placidena
$349,900 $335 2 bd / 1 ba 1,046 sqft , 2026-08-20
4361 S Congress Ave #636
Public Condos Bldg 3
$350,000 $324 2 bd / 2 ba 1,081 sqft , 2025-06-11
204 Chippendale Ave
Greenwood Hills Sec 02
$350,000 $293 3 bd / 1 ba 1,196 sqft , 2026-10-03
4801 S Congress Ave #N2
Bel Air Condo Amd
$340,000 $283 2 bd / 2 ba 1,200 sqft , 2026-07-17

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 September 29, 2026.

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