Active Listing  ·  7 days on market

4808 Richmond Ave #1

Austin, TX 78745
$1,280,000
4 Bed 4 Bath 2,875 sqft $445/sqft Built 2025 0.39 acres 1-Car Garage Pool New Construction 4808 Richmond Ave Condominiums

Another exceptional Habitat Haus home located in the highly desirable 78745 area of Austin. This residence features an open-concept living space that beautifully integrates the kitchen, dining, and living areas. You'll find stunning wood floors throughout, enhancing the home's warmth and elegance, with impressive floor-to-ceiling windows that fill the space with natural light. The kitchen is a chef’s dream, boasting custom soft-close cabinets, stainless steel appliances, quartz countertops, and an abundance of workspace. Throughout the home, a neutral color palette and warm wood accents create an inviting atmosphere, ready for your personal touch. Condominium regime consisting of only two homes. While legally a condo, the residence lives and shows exactly like a detached single-family home, offering the perfect blend of privacy. The location is ideal—just minutes from Downtown Austin and convenient to the city’s finest restaurants, shops, and entertainment venues. This is a unique opportunity to own a beautiful new construction home with lasting quality and modern amenities in one of Austin’s most vibrant neighborhoods. Includes a 1-2-10 year builder warranty for peace of mind. Rendering of potential backyard. Pool/sauna not included but may be available as builder upgrade.

At $445/sqft, this home is priced 14% 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

4808 Richmond Ave #1, Austin, TX 78745

Property Details

Price $1,280,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,875 sqft
Lot Size 0.39 acres (17,005.82 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 4808 Richmond Ave Condominiums
County Travis
Zip Code 78745
$/sqft $445/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $21,794.74
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241358687
List Date July 28, 2026
Elementary School Joslin
Middle School Covington
High School Austin
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
2002 Kinney Ave #A
Kinney Ave Condo Amd 2002
$1,275,000 $652 3 bd / 3 ba 1,956 sqft , 2026-03-15
5607 Jim Hogg Ave
Broadacres
$1,275,000 $428 3 bd / 3 ba 2,981 sqft , 2025-04-10
3019 Garwood St #1
G M Brass Amd
$1,275,000 $537 4 bd / 3 ba 2,374 sqft , 2026-02-24
5002 Avenue H None
Highlands
$1,275,000 $422 4 bd / 3 ba 3,020 sqft , 2026-04-14
2201 E 16th St
Division B
$1,275,000 $505 4 bd / 4 ba 2,524 sqft , 2026-07-08

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
$6,144/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
$256,000
20% conventional investment loan

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

Estimated Gross Rent+$6,144
Principal + Interest−$6,985
Property Tax (~2.1% TX avg)−$2,240
Insurance (~0.5%)−$533
Est. Monthly Cash Flow $-3,614

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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