Austin/ Real Estate & Development

South Lamar's New Scandinavian Townhomes Open With Starting Prices Near $700K

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Published on October 29, 2026
South Lamar's New Scandinavian Townhomes Open With Starting Prices Near $700K4101 Menchaca Rd. — Approximate Site of Townhome Project
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A new cluster of 10 Scandinavian-inspired townhomes has finished construction on Menchaca Road in Austin's South Lamar area, adding modern three-story residences to a stretch of 78704 known for its restaurants and bars. The project, called 4101 Menchaca, sits directly across the street from Radio Coffee & Beer, according to Jason Cheng, principal and Austin director of DTJ Design, as reported by Community Impact Newspaper.

Construction on the 10-home community began in June 2024 and wrapped in August 2026, according to Community Impact Newspaper. Builder Drake Tappe worked with DTJ Design on the project, with the two using the property's narrow lot to shape the townhomes' architecture, per the same report. The community's own marketing describes the project as “an exclusive enclave of ten Scandinavian-inspired residences,” according to 4101menchaca.com, and says the homes were newly completed in 2026.

What's Inside the Homes

Each residence spans roughly 1,700 to 1,800 square feet and includes three bedrooms and 3.5 bathrooms, Community Impact reports. DTJ Design's project page confirms that all units include three bedrooms, along with covered parking and a balcony, according to dtjdesign.com. Interiors lean into the Scandinavian theme with natural stone countertops, warm wood flooring and artisanal textures, the community website notes, alongside tall ceilings and natural light pulled in through expansive windows and open-concept layouts.

Outside, residents get private fenced yards in addition to shared amenities: a fenced dog park and a social grilling area for the whole community, per Community Impact's reporting. FourT Realty lists the property's address as 4101 Menchaca Road, Austin, Texas 78704, placing it squarely in the South Lamar area, according to fourtrealty.com. Tours of the completed homes are now available by appointment, per the community's own site.

Pricing Details Differ by Source

Pricing for the townhomes varies depending on where you look. Community Impact reports a starting sales price of $685,000, attributed to Cheng, along with a starting monthly lease price of $4,000 for units offered for rent rather than purchase. The community's own website, meanwhile, advertises prices starting from $699,000 and currently lists nine of the 10 residences as available.

How It Fits Into Austin's Market

The project lands in an Austin housing market still working through elevated inventory. As of September, the Austin metro's median sale price sat at $421,000, up 1.4% year over year, while homes across the metro spent an average of 73 days on the market, according to KXAN. The metro had 13,465 active listings in September, including 6,360 in Travis County, and 5.4 months of overall housing inventory, the station reported.

Within the city of Austin itself, the median sale price was considerably higher at $570,958 in September, KXAN found, while homes in ZIP code 78746 carried a typical value of about $1.71 million — the priciest in the metro. Unlock MLS market research adviser Vaike O'Grady said earlier this month that rising mortgage rates had created another hurdle for buyers navigating that market.

Who Built 4101 Menchaca

Permit records reviewed by BuildZoom show builder Drake Develop Build, based at 1502 W 30th St. in Austin, has worked on 23 permitted projects. The company's listing does not detail which of those projects correspond to the 4101 Menchaca site specifically, according to buildzoom.com.

The Menchaca Road project adds to a broader wave of infill townhome development around Austin's urban core, though every project carries its own design pedigree. In East Austin, for comparison, the city announced in mid-2025 that the Mira mixed-income ownership community would feature three-story duplex townhomes designed by Plural Office and built by Pecan Valley Homes, according to the City of Austin — a different model from the market-rate townhomes now open on Menchaca Road.

Austin-Real Estate & Development