Active Listing  ·  20 days on market

716 Bernstein St #5

Austin, TX 78745
$515,000
4 Bed 3 Bath 2,080 sqft $248/sqft Built 2018 0.15 acres 2-Car Garage Pool Cooper Lane Condo

Experience the best of Austin living in this modern 4-bedroom, 2.5-bath home on a desirable corner lot! With an open floorplan, 2-car attached garage, private backyard, and low-maintenance lifestyle, this home makes it easy to spend less time on chores and more time enjoying everything Austin has to offer. The spacious kitchen is designed for gathering, featuring abundant storage, stainless steel appliances, a gas range, granite countertops, and a large island with bar seating. All four bedrooms are conveniently located upstairs near the washer and dryer, while the primary suite offers an oversized walk-in closet and glass-enclosed shower. Outside, relax or entertain in the private fenced backyard with an extended patio. Even better, the $225/month HOA fee covers yard maintenance, irrigation, and trash pickup! Enjoy the convenience of being within walking distance to restaurants and the 12.6-acre Dittmar Recreation Center, with a pool, gymnasium, basketball and volleyball courts, jogging trail, playing fields, playscape, and more. With easy access to I-35 and MoPac, you're well positioned to enjoy South Austin's dining, entertainment, parks, and everything that makes the Austin lifestyle so desirable. Modern, convenient, and move-in ready—this is one you won't want to miss!

At $248/sqft, this home is 37% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

716 Bernstein St #5, Austin, TX 78745

Property Details

Price $515,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,080 sqft
Lot Size 0.15 acres (6,608.05 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Cooper Lane Condo
County Travis
Zip Code 78745
$/sqft $248/sqft
Days on Market ,
HOA $225/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246103573
List Date September 18, 2026
Elementary School Williams
Middle School Bedichek
High School Crockett
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
904 Emory Tree Dr
BRENTWOOD VILLAS CONDOMINIUMS
$525,000 $211 5 bd / 4 ba 2,491 sqft , 2026-08-15
6605 Woodhue Dr
Cooper Oaks Sec 02-A
$525,000 $322 4 bd / 3 ba 1,632 sqft , 2026-09-03
900 Austin Highlands Blvd
Austin Highlands Sec 01
$500,000 $275 3 bd / 2 ba 1,816 sqft , 2026-07-31
7337 Menchaca Rd #32
Southbridge Villas Ph Ii Amd
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-09-18
5919 Idlewood Cv
Flournoys Sweetbriar Sec 10
$499,000 $327 4 bd / 2 ba 1,524 sqft , 2026-10-02

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 19, 2026.

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