ActiveResidential · sale

4309 Hank

Austin, TX 78745

$1,337,000

  • 3 beds
  • 3 baths
  • 1,648 sq ft
  • 0.2 acres
  • Built 2024

Listed by James R. Haecker · MLS #ACT1095103

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Highlights: high ceilings, in-ceiling speakers, Life Proof flooring, spray foam, tankless WH, smart HVAC, full bath, private parking, xeriscaped grounds, shaded patio under mature oak.

Year built

Built in 2024.

Property size

0.2 acres listed.

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

THE PROPERTY

Get to know the property.

Senior-Friendly Villa Retreat Portfolio – 62+ Age-Restricted Option Available!

4309 Hank Ave – Full Bundle Acquisition: $1,337,000 (Individual MLS values: $379,900 + $159,900 + $799,900 = $1,339,700 total)

Discover this rare 3-unit detached condo community in thriving South Austin (ZIP 78745), reimagined as a premium senior-friendly villa retreat. At the buyer’s option, easily convert to a 62+ age-restricted community—simply request from the seller for effortless implementation.

Taps into Austin’s surging senior housing demand: The metro has experienced an 81% increase in 65+ renters over the past decade (3rd highest nationally), with South Austin perfectly suited for independent, low-maintenance living near Barton Creek, South Congress, and vibrant urban amenities.

Unit #1 (MLS 8841556 – $379,900 value):
Turnkey 2 bed / 2 bath detached villa home (1,168 sq ft) fully rebuilt 2024 w/ 2025 CO. Private 3,136 sq ft lot. Luxury senior-ready features: mitered waterfall quartz counters, LG stainless appliances, Bosch dishwasher, tankless WH, spray foam insulation, ENERGY STAR windows, in-ceiling speakers, Life Proof flooring, Nest thermostat, walk-in closet, oversized waterfall shower.

Unit #2 (MLS 5079509 – $159,900 value):
Charming 1 bed / 1 bath loft-style detached villa (480 sq ft). 2024 rebuild. Highlights: high ceilings, in-ceiling speakers, Life Proof flooring, spray foam, tankless WH, smart HVAC, full bath, private parking, xeriscaped grounds, shaded patio under mature oak. Airbnb/VRBO-ready.

Unit #3 (MLS 7688898 – $799,900 value):
Desirable back-lot buildable parcel (3,004–3,179 sq ft) for a custom senior villa. No seller construction required—total design flexibility (prior concepts for ~1,650 sq ft, 3 bed / 3 bath).

Secure this exceptional value for equity, cash flow, and appreciation in Austin’s prime growth corridor. Limited opportunity—schedule a private tour today!

THE NEIGHBORHOOD

Explore the location.

4309 Hank, Austin, TX 78745

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2024
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Central Air, ENERGY STAR Qualified Equipment
Heating
Central
Appliances
Dishwasher, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Exhaust Fan, Freezer, Gas Range, Microwave, Oven, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer, Washer/Dryer Stacked, Tankless Water Heater
Flooring
Tile, Vinyl
Fencing
Fenced, Front Yard, Privacy
Accessibility
None
Pool features
None
Subdivision
Banister Acres Sec 02
Parcel
04080804040000
Elementary school
St Elmo
Middle school
Bedichek
High school
Travis
Annual property tax
$10,710.60

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
Estimated monthly rent$5,570.83
Cap rate

Annual operating income:

Have ERA review this rental estimate

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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4309 Hank, Austin, TX 78745 · MLS #ACT1095103

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Listing information

MLS #ACT1095103 · Austin Board of Realtors

Listing brokerage: James R. Haecker
Listing agent: James Haecker

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