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Days22Days on Market
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$1,325,000

4209 Elevator DR, Austin, TX, 78731

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,491 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$379.55 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Range, Built In Oven, Built In Refrigerator, Cooktop, Double Oven, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Wine Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Exterior Steps, Lighting, Rain Gutters
Lot Size2,570 sqft

Building Information

Year Built2022
Stories3
Roof Type121
Garage Spaces2

Land Information

APN01240009520000
SubdivisionGrove Master Condominiums The Amd
Land UseTownhomes
Legal DescriptionGROVE MASTER CONDOMINIUMS THE AMENDED UNT 62 PLUS 0.277 % INT IN COM AREA
Census Tract000101
Assessed Land Value$51,398
Assessed Improvement Value$1,215,796
Assessment Year2025

About this property

Set within the heart of The Grove, 4209 Elevator Drive offers the rare combination of lock-and-leave ease with the space, scale, and beautiful finishes throughout. This three-bedroom residence spans over 3,400 square feet across multiple thoughtfully designed levels, with a layout that lives comfortably day-to-day while offering flexibility for work, entertaining, and guests. The home has been extensively enhanced with designer-driven upgrades, elevating both form and function throughout. The main level is anchored by a light-filled living area featuring custom built-ins, plantation shutters, and warm hardwood floors. The kitchen has been reimagined with a custom vent hood, upgraded lighting, decorative ceiling detail, and an expanded refrigerator opening designed for a 48” Sub-Zero, creating a polished yet highly functional culinary hub. The main-level primary suite provides a true retreat, highlighted by a fully remodeled spa-inspired bath with an enlarged walk-in shower, dedicated makeup vanity, added linen storage, designer lighting, and a custom walk-in closet. Additional living spaces unfold across the upper levels, including a versatile media or flex room, secondary bedrooms with ample storage, and a third-floor bonus room complete with a wet bar and access to an expansive balcony, ideal for entertaining, working from home, or unwinding at the end of the day. Additional upgrades add to the home’s appeal, including solid wood interior doors, a beverage refrigerator, garage floor coating, and low-maintenance artificial turf. Outdoor spaces offer both privacy and usability, with a courtyard-style patio and elevated terraces overlooking the beautifully designed Grove community. Located just minutes from downtown Austin, yet surrounded by parks, trails, ponds, and on-site retail, this residence delivers a refined, low- maintenance lifestyle in one of the city’s most thoughtfully planned neighborhoods.

Investor Tools

Property Icon
$1,287,000
Estimated Property Value
$0Estimated Mortgage Balance
$511,742Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,950 /month
Positive
Cash Flow Estimate:
$2,650 /month

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Christies Intl Real Estate Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,983/month
$456/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,359
$1,267,194
2025
$51,398
$1,215,796
$1,267,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,359
$1,267,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$800,000
No
First
Nov 30, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$775,258
$511,742
39%
60%
$5,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$5,566/mo
$-3,456/mo
2.0%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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4209 Elevator DR | Property Details | No Agent List