About This Home

Beautiful modern 3 BR 2 1/2 BA duplex in the heart of Austin in a little pocket of Rosedale and Brentwood! Great location within walking distance of The Triangle and the South Burnet entertainment district. Minutes to UT and downtown with tons of great restaurants and old Austin haunts. Open floor plan with tons of natural light and floor-to-ceiling windows. Chefs kitchen makes entertaining a breeze. Covered carport and fenced yard with two outdoor decks. Spray foam insulated and modern finishes make this a great place to put down some Austin roots!

At $474/sqft, this home is priced 21% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1205 W 49 1/2 St #A, Austin, TX 78756

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Property Details

Price $799,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,687 sqft

Lot Size 0.19 acres (8,363.52 sqft)

Year Built 2018

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision LYNNDALE

County Travis

Zip Code 78756

$/sqft $474/sqft

Days on Market ,

HOA $85/Monthly

Annual Tax Est. $15,119.37

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246428439

List Date September 10, 2026

Elementary School Bryker Woods

Middle School O Henry

High School Austin

School District ,

Have Questions About This Property?

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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

4413 Barrow Ave
Eichelbergers Ruby Sub Am Lt $839,900 $668 3 bd / 2 ba 1,257 sqft , 2026-08-27

4412 Authentic Dr #206
The Grove $845,000 $388 4 bd / 4 ba 2,178 sqft , 2026-06-24

1807 W 38th St
Oakmont Heights $750,000 $646 3 bd / 2 ba 1,161 sqft , 2026-08-07

4515 Unity Cir
Grove Master Condos $865,000 $397 4 bd / 4 ba 2,178 sqft , 2026-09-08

3905 Vantage Dr
The Grove $875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03

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

$3,835/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

$159,800

20% conventional investment loan

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

Estimated Gross Rent+$3,835

Principal + Interest−$4,360

Property Tax (~2.1% TX avg)−$1,398

Insurance (~0.5%)−$333

Est. Monthly Cash Flow $-2,256

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 11, 2026.

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

1205 W 49 1/2 St #A

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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