About This Home

This Home shows like a model home! This location is epic! No HOA's. This Gossett Jones build boasts lots of natural light and lives like a single-family home with its functional layout and ample storage. High-end Bosch appliances and contemporary finish out, with all of the convenient amenities and charm of the Hyde Park Area. Excellent entertainment space downstairs, with all bedrooms upstairs. Low maintenance wood-like flooring. Centrally located and close to all the best things Austin has to offer. If you have a growing family this is a wonderful spot!

At $420/sqft, this home is priced 7% 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

701 E 49th St #B, Austin, TX 78751

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Property Details

Price $749,500

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,785 sqft

Lot Size 0.11 acres (4,682.7 sqft)

Year Built 2013

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision 701 49th Street Estates Condom

County Travis

Zip Code 78751

$/sqft $420/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $12,916

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT221786240

List Date March 12, 2026

Elementary School Ridgetop

Middle School Lamar (Austin ISD)

High School McCallum

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.

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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

1318 Newning Ave #C
Fairview Commons Condo Amd $749,500 $535 2 bd / 3 ba 1,401 sqft , 2026-07-23

601 Vermont Rd #1
Pipkin Add 02 $749,900 $465 3 bd / 3 ba 1,614 sqft , 2026-04-09

4903 Stella Link Path
Sunridge $749,900 $327 3 bd / 4 ba 2,290 sqft , 2026-05-08

513 W Odell St #A
Silverton Heights $749,900 $453 4 bd / 3 ba 1,656 sqft , 2026-06-26

11813 Knights Brg
Barrington Oaks Sec 01 $749,999 $386 3 bd / 2 ba 1,944 sqft , 2026-05-23

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

$3,598/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

$149,900

20% conventional investment loan

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

Estimated Gross Rent+$3,598

Principal + Interest−$4,090

Property Tax (~2.1% TX avg)−$1,312

Insurance (~0.5%)−$312

Est. Monthly Cash Flow $-2,116

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

701 E 49th St #B

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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