Active Listing  ·  10 days on market

1504 Collier St #4

Austin, TX 78704
$799,500
3 Bed 3 Bath 2,333 sqft $343/sqft Built 2012 0.07 acres Pool Lyric Condos

Experience 78704 living at its finest, in a residence that truly feels like a single-family home. This is one of the best value's in 78704! This 3-bedroom + study home offers a rare layout with two bedrooms and two full bathrooms on the main level and a private upstairs primary retreat, complete with a spacious study and a 526-square-foot covered terrace—perfect for indoor-outdoor entertaining or peaceful evenings enjoying the sunset. This home is a second floor entry. Designed for both comfort and style, the home features Black Walnut hardwood floors, custom cabinetry, Mahogany doors, and quartz surfaces, providing warmth and craftsmanship that set it apart from typical modern condos. Located in the boutique Lyric Condominiums with only 12 residences, enjoy privacy (the community is soon to be gated), a pool, and a low-maintenance, lock-and-leave lifestyle just steps from South Lamar, Zilker Park, Lady Bird Lake, and the heart of 78704. One of the lowest HOA fee's on a per foot basis. For buyers seeking size, separation, and a walkable lifestyle under $800K, this home offers a rare combination of space, luxury, and convenience that makes it one of the most functional and desirable residences in the neighborhood. The expansive terrace and upstairs study create the feel of a full single-family home—perfect for work-from-home flexibility or elevated entertaining.

At $343/sqft, this home is 12% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1504 Collier St #4, Austin, TX 78704

Property Details

Price $799,500
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,333 sqft
Lot Size 0.07 acres (3,267 sqft)
Year Built 2012
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Lyric Condos
County Travis
Zip Code 78704
$/sqft $343/sqft
Days on Market ,
HOA $919/Monthly
Annual Tax Est. $18,525.76
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241211388
List Date July 25, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
16213 Maritime Alps Way
Falconhead West Ph 1 Sec 2 &
$799,716 $268 4 bd / 4 ba 2,980 sqft , 2026-07-23
11002 Sierra Verde Trl
Sierra Vista 01
$799,900 $365 4 bd / 3 ba 2,192 sqft , 2026-04-15
3308 Cantwell Ln
The Walsh
$799,900 $407 3 bd / 3 ba 1,966 sqft , 2026-03-05
4524 Berkman Dr
Mueller Sec Vi Sub
$799,900 $343 3 bd / 3 ba 2,335 sqft , 2026-05-20
100 W Odell St #3
Bills Add Sec 01
$799,990 $384 3 bd / 4 ba 2,084 sqft , 2026-06-20

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
$3,838/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
$159,900
20% conventional investment loan

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

Estimated Gross Rent+$3,838
Principal + Interest−$4,363
Property Tax (~2.1% TX avg)−$1,399
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,257

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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