About This Home

Hot 78745! Close to SOCO/So1st/St. Elmo/St. David's South < 5 Miles to Downtown. Huge Yard! Bring your Dog! 1/2 Duplex (2-Unit Condo low HOA fees). Chef Kitchen w/All-Wood Cabinets, SS appliances, Granite countertops and Quartz, established fruit trees. 10x10 Shed. New HVAC! (735sqft per appraisal, TCAD/ 720 sqft, 4388 sqft land per condo plat) UNIT B Only

At $583/sqft, this home is priced 49% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4901 Richmond Ave #B, Austin, TX 78745

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $420,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 720 sqft

Lot Size 0.11 acres (4,900.5 sqft)

Year Built 1971

Garage ,

Stories ,

Type Residential · Condominium

Subdivision None

County Travis

Zip Code 78745

$/sqft $583/sqft

Days on Market ,

HOA $175/Monthly

Annual Tax Est. $2,666

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT226068976

List Date April 13, 2026

Elementary School Joslin

Middle School Covington

High School Crockett

School District ,

Have Questions About This Property?

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

1402 Camelot Cir
Greenwood Forest Sec 02 $427,500 $444 3 bd / 1 ba 962 sqft , 2026-05-01

4501 Gillis St
Forest Oaks $400,000 $424 3 bd / 1 ba 944 sqft , 2026-04-28

4415 Hank Ave
Banister Acres Sec 2 $475,000 $491 3 bd / 2 ba 967 sqft , 2026-08-11

4414 Jinx Ave
Banister Acres Sec 02 $475,000 $640 2 bd / 1 ba 742 sqft , 2026-08-11

601 Orland Blvd
Greenwood Forest Sec 01 $345,000 $369 3 bd / 1 ba 936 sqft , 2026-08-10

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

$2,016/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

$84,000

20% conventional investment loan

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

Estimated Gross Rent+$2,016

Principal + Interest−$2,292

Property Tax (~2.1% TX avg)−$735

Insurance (~0.5%)−$175

Est. Monthly Cash Flow $-1,186

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

About the Author

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 →

4901 Richmond Ave #B

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate