About This Home

2 Bedroom, 1 Bathroom home on E 46th Street. Amazing value for a freestanding property in one of Austin's best neighborhoods. Situated on a cozy lot with a shared treelined driveway, accessible from E 46th Street, the property is surrounded by mature trees with a fenced yard. Central Hyde Park location. Low utilities and tax rate. Close to shuttle, less than 10 minutes to UT, and downtown Austin. Recently renovated kitchen with granite counters, cabinets, pex plumbing, and tile backsplash. Fresh paint. Carpet updated. Replacement vinyl double pane windows. Stove and roof have been replaced. Large shade trees.

At $447/sqft, this home is priced 14% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

808 E 46th St #B, Austin, TX 78751

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Property Details

Price $315,000

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 704 sqft

Lot Size 0.10 acres (4,151.27 sqft)

Year Built 1946

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Ridgetop Annex

County Travis

Zip Code 78751

$/sqft $447/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,300

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244767304

List Date August 27, 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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 27, 2026 $350,000

Current ask $315,000

▼ Reduced $35,000 (-10.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

3115 Helms St #212
Sunchase Condominiums Amended $319,900 $393 2 bd / 2 ba 815 sqft , 2026-02-05

1320 Robert Browning St #408
Mueller Greenway Lofts Condo $320,000 $581 1 bd / 1 ba 551 sqft , 2026-06-25

4409 Duval St #305
Creekridge Condo $325,000 $351 2 bd / 2 ba 927 sqft , 2026-03-17

3115 Helms St #210
SUNCHASE CONDOMINIUMS AMENDE $299,500 $399 2 bd / 2 ba 750 sqft , 2026-05-28

1320 Robert Browning St #308
Greenway Lofts Condo Amd $299,000 $543 1 bd / 1 ba 551 sqft , 2026-08-19

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

$1,512/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

$63,000

20% conventional investment loan

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

Estimated Gross Rent+$1,512

Principal + Interest−$1,719

Property Tax (~2.1% TX avg)−$551

Insurance (~0.5%)−$131

Est. Monthly Cash Flow $-889

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 September 15, 2026.

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

808 E 46th St #B