Active Listing  ·  3 days on market

4307 S 1st St #108

Austin, TX 78745
$200,000
1 Bed 1 Bath 594 sqft $337/sqft Built 1982 0.04 acres Pool Pharo Condo

Discover South Austin with our newly listed condo, remodeled in 2019 for a perfect blend of convenience, comfort, and

style. Step into this cozy residence that has updated floors, two ceiling fans, nickel-plated fixtures, a stove, a

dishwasher, and new sinks. Stay cool year-round with the recently upgraded air conditioner ensuring a comfortable

indoor climate. There is also a wood-burning fireplace for those chilly evenings. Enjoy the best of Austin living with

quick access to downtown, ABIA, trendy breweries, and a variety of restaurants, making every adventure just around

the corner. Unwind on your cozy back patio - a perfect spot for relaxing evenings. Don't miss the chance to call this South Austin gem your home. Schedule a viewing today and embrace

the vibrant lifestyle that comes with living in this prime location.

At $337/sqft, this home is 14% 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

4307 S 1st St #108, Austin, TX 78745

Property Details

Price $200,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 594 sqft
Lot Size 0.04 acres (1,785.96 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Pharo Condo
County Travis
Zip Code 78745
$/sqft $337/sqft
Days on Market ,
HOA $335/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244216446
List Date August 21, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
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
3018 S 1st St #205
Loft Condo Amd The
$195,000 $345 1 bd / 1 ba 565 sqft , 2026-07-22
3018 1st St #109
Loft Condo Amd The
$189,900 $329 1 bd / 1 ba 578 sqft , 2025-07-18
3744 VALLEY VIEW Rd #C
SLEEPY HOLLOW PHS II
$185,000 $329 1 bd / 1 ba 563 sqft , 2026-07-02
4307 S 1st St #206
Pharo Condo
$175,000 $295 1 bd / 1 ba 594 sqft , 2026-08-15
4361 S Congress Ave #427
Public Condos Bldg 2
$225,000 $300 1 bd / 1 ba 749 sqft , 2025-05-02

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
$960/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
$40,000
20% conventional investment loan

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

Estimated Gross Rent+$960
Principal + Interest−$1,091
Property Tax (~2.1% TX avg)−$350
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-564

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 August 23, 2026.

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