Active Listing  ·  445 days on market

705 E 49th St #A

Austin, TX 78751
$749,000
3 Bed 3 Bath 1,908 sqft $393/sqft Built 2013 0.11 acres 1-Car Garage Pool 705 E 49th Street Condo

Modern North Hyde Park Living with No HOA, a Huge Private Yard & Exceptional Peace of Mind!

Welcome to this beautifully updated, one-owner contemporary condo that lives like a single-family home in one of North Hyde Park's most desirable neighborhoods. With no monthly HOA fees (shared insurance only), one of the area's largest private fenced backyards, and extensive recent improvements, this move-in-ready home offers an exceptional combination of lifestyle, value, and confidence.

Forget the worry of Austin's expansive clay soils. The home has been professionally stabilized with engineered foundation improvements, complete with a transferable lifetime warranty, providing structural confidence few homes in the area can match.

Recent improvements include over $20,000 in capital upgrades, featuring a new roof and gutters (May 2025), fresh interior paint, and a new dishwasher (March 2025).

The open-concept main level is ideal for entertaining, showcasing gray-toned stained concrete floors, black quartz-style countertops, a built-in wine refrigerator, and seamless access to the expansive covered patio and oversized backyard with room for a pool, ADU, home office, or garden.

Upstairs, the spacious primary suite offers a spa-inspired bath with a soaking tub, walk-in shower, and large walk-in closet. Two additional bedrooms provide flexibility for guests, family, or a home office.

Energy-efficient features include spray foam insulation, low-E windows, a tankless gas water heater, zoned HVAC, and an attached garage with a commercial-style roll-up door.

Enjoy an unbeatable central Austin location with quick access to Downtown, UT, Mueller, The Triangle, Central Market, and neighborhood restaurants and coffee shops. Ridgetop Elementary is just two blocks away.

Modern, meticulously maintained, structurally reinforced, and truly move-in ready—this is North Hyde Park living at its best.

At $393/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,645 active listings. View Austin market report →

Location

705 E 49th St #A, Austin, TX 78751

Property Details

Price $749,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,908 sqft
Lot Size 0.11 acres (4,687.06 sqft)
Year Built 2013
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision 705 E 49th Street Condo
County Travis
Zip Code 78751
$/sqft $393/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,996.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT197485741
List Date May 16, 2025
Elementary School Ridgetop
Middle School Lamar (Austin ISD)
High School McCallum
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
907 E 53rd St
Ridgetop
$749,000 $442 4 bd / 3 ba 1,693 sqft , 2025-12-11
2805 McCurdy St #7
Mueller
$749,000 $342 3 bd / 4 ba 2,189 sqft , 2026-03-27
2605 S 2nd St #2
2605 South 2nd Street Condominiums
$749,000 $580 3 bd / 4 ba 1,292 sqft , 2026-06-25
2006 Wheless Ln
Windsor Park 02 Sec 01
$749,000 $405 4 bd / 3 ba 1,850 sqft , 2026-06-26
1908 Holly St
Driving Park Add
$749,000 $489 2 bd / 2 ba 1,531 sqft , 2026-06-27

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
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

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