Active Listing  ·  77 days on market

808 E 46th St #B

Austin, TX 78751
$299,000
2 Bed 1 Bath 704 sqft $425/sqft Built 1946 0.10 acres Pool Ridgetop Annex

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 $425/sqft, this home is priced 9% above the Austin active market average of $390/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

Property Details

Price $299,000
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 $425/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 Austin ISD

Austin ISD

Ridgetop · Lamar (Austin ISD) · McCallum

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
Previous ask $315,000
Current ask $299,000
▼ Reduced $51,000 (-14.6%) 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
1320 Robert Browning St #308
Greenway Lofts Condo Amd
$299,000 $543 1 bd / 1 ba 551 sqft , 2026-08-19
3115 Helms St #210
SUNCHASE CONDOMINIUMS AMENDE
$299,500 $399 2 bd / 2 ba 750 sqft , 2026-05-28
3309 Grooms St #208
Escala At 34th Condo
$295,000 $338 2 bd / 1 ba 873 sqft , 2026-05-21
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

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (assumed ~2.1%)−$523
Insurance (assumed ~0.5%)−$125
Est. Monthly Cash Flow $-845

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 · 41 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. The written content was last updated on October 14, 2026.

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

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