$345,000

Property Overview

This recently completed South Manchaca condo at 4004 Banister Lane offers an exceptional income-generating asset with flexible lease options that appeal to both investors and owner-occupants. The unit features soaring 10-foot ceilings, luxury vinyl plank flooring, and thoughtfully designed storage throughout, including custom shelving around the bed and built-in closet organization. The kitchen showcases granite countertops and substantial cabinetry, while the covered patio extends the living space with downtown views and an additional storage closet.

Built in 2022 in Austin's 78704 zip code, this one-bedroom residence sits in a neighborhood characterized by generous lots and growing South Austin amenities, positioned less than ten minutes from downtown. Google Fiber connectivity and an on-site Amazon locker enhance daily convenience, while one covered parking space completes the package. The HOA has recently expanded leasing options, making this property particularly attractive for those seeking rental income alongside the flexibility of owner-occupancy.

Vox Residential Insight

At $511 per square foot, this property commands a premium that reflects its recent construction quality and dual-income potential, sitting 47 percent above the South Manchaca area median. Vox Residential sees this as a strategic play for Austin investors capitalizing on short-term rental demand while maintaining long-term lease viability in a neighborhood positioned for continued appreciation.

Agent Description

Invest, live, or lease, the choice is yours! Unlock the possibilities at 4004 Banister Ln #209 in the heart of 78704! This 1 bedroom, 1 bath condo offers a rare opportunity with both short-term rental capability and newly expanded long-term leasing options through the HOA, making it an appealing choice for investors and owner-occupants alike. Inside, you'll find 10-foot ceilings, no carpet, and durable, luxury vinyl plank flooring throughout. The kitchen features granite countertops, abundant counter space, and plenty of storage in the custom cabinetry. Thoughtful upgrades include built-in closet shelving and custom storage on both sides of the bed for added functionality. Step outside to a spacious covered patio with downtown views and an additional storage closet. The unit also includes one covered parking space, Google Fiber for high-speed connectivity, and the convenience of an on-site Amazon locker for secure package delivery. Located less than 10 minutes from Downtown Austin with quick access to Ben White, IH-35, and Mopac, this prime 78704 location puts dining, entertainment, parks, and major employers within easy reach.

Neighborhood: South Manchaca

This property is located in South Manchaca, Austin, TX. The area is known for Great Value, Generous Lots, Ranch-Style Homes, South Austin Location, Growing Amenities.

At $511/sqft, this listing is priced 51% above the South Manchaca median of $338/sqft.

Property Details

Listing data last updated: July 16, 2026

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