ActiveResidential · sale

4203 Prevail

Austin, TX 78731

$1,494,990

  • 4 beds
  • 6 baths
  • 3,839 sq ft
  • 0.06 acres
  • Built 2026

Listed by Outlaw Realty · MLS #ACT1550992

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2026.

Garage parking

2 garage spaces listed.

Property size

0.06 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to The Grove, a thoughtfully planned mixed-use community offering a seamless blend of modern living and central Austin convenience. Set along Shoal Creek, this walkable neighborhood is surrounded by parks, trails, and green spaces while placing shopping, fitness studios, wellness services, and notable dining options just steps away. Designed for ease and connection, The Grove is ideal for those seeking a truly low-maintenance, lock-and-leave lifestyle in the heart of the city.

This elegant four-story Olivette D townhome by M Signature Homes offers 3,839 square feet with four bedrooms, four full baths, and two half baths, all accessible by a private elevator serving every level. The first-floor guest suite provides flexible space for visitors or multigenerational living. The main living level is anchored by a chef’s kitchen featuring 10-foot cabinetry, a quartz center island, and refined finishes that balance style and function. The owner’s suite is a peaceful retreat with a spa-inspired wet room that includes a freestanding soaking tub and an oversized shower. Additional highlights include multiple living areas, durable RevWood flooring, two covered balconies, professional landscaping, a striking European-inspired exterior, and a two-car garage. The fourth floor adds another bedroom with a private bath, ideal for guests or a private office.

Located at the corner of 45th Street and Bull Creek Road, The Grove offers quick access to downtown Austin and nearby employment centers. A pedestrian bridge connects directly to Central Market, while Shoal Creek trails invite outdoor recreation. With close proximity to shopping, dining, and cultural attractions, this home delivers an effortless lock-and-leave lifestyle in one of Austin’s most desirable central neighborhoods.

THE NEIGHBORHOOD

Explore the location.

4203 Prevail, Austin, TX 78731

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2026
Full baths
4
Half baths
2
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan
Heating
Central, ENERGY STAR Qualified Equipment, Exhaust Fan, Natural Gas
Appliances
Built-In Oven(s), Cooktop, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Tankless Water Heater
Flooring
No Carpet, Tile, Vinyl, Wood
Fencing
Front Yard, Gate
Accessibility
Accessible Elevator Installed
Pool features
None
Subdivision
Grove Master Condos
Parcel
01240010160000
HOA
The Grove HOA
HOA amenities
Common Area Maintenance, Insurance, Landscaping
HOA fee frequency
Monthly
Elementary school
Bryker Woods
Middle school
O Henry
High school
Austin
Annual property tax
$1,018.61
HOA fee
$437.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$3,986.96
Estimated monthly rent$6,229.13
Cap rate3.45%

Annual operating income: $51,581.03

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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4203 Prevail, Austin, TX 78731 · MLS #ACT1550992

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Listing information

MLS #ACT1550992 · Austin Board of Realtors

Listing brokerage: Outlaw Realty
Listing agent: Grant Whittenberger

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.