Active Listing  ·  84 days on market

1111 W 12th St #108

Austin, TX 78703
$990,000
1 Bed 1 Bath 962 sqft $1,029/sqft Built 1981 0.04 acres Pool Condominium De Saligny Amd

One of only 20 residences in the architecturally significant de Saligny, designed by Howard Barnstone and set in the heart of Old West Austin, this Clarksville condo offers a level of finish, privacy, and walkability that is genuinely difficult to find in Austin at any price. The end-unit position places it elevated on the hill, with sweeping views that take in the downtown skyline, a partial view of the Capitol, and brilliant morning sunrises. Below, the pool is shared exclusively among the building's 20 owners, and watching the still water from your own living room has a quiet, restorative quality that is hard to put into words. The unit has been taken to the studs and fully remodeled with new plumbing, new wiring, and thoughtful finishes throughout, all on a single, easy level. Herringbone hardwood floors run through the living area, where a gas log fireplace anchors the room. Hunter Douglas shades and custom Restoration Hardware panel drapes in both the living room and bedroom allow precise control of the light, and as an end unit, there is no shortage of it. The kitchen and bathroom feature custom marble countertops and Miele appliances, a standard of finish more common in a private home than a condominium. The gated patio extends your living space outdoors, offering room for a pet and a side gated run, a rare find in a lock-and-leave setting. Just beyond, a generous grassy area serves as a natural gathering spot where neighbors meet and dogs play. When you want more, walk to Josephine House, Jeffrey's, Cipollina, Caffe Medici, Fresh Plus, and the independent shops along West Lynn. Pease Park and Shoal Creek are minutes on foot. For a buyer seeking a pied-à-terre, second home, or a luxury Austin condo with no compromise on location or quality, this is a rare opportunity in 78703.

At $1,029/sqft, this home is priced 163% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1111 W 12th St #108, Austin, TX 78703

Property Details

Price $990,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 962 sqft
Lot Size 0.04 acres (1,528.96 sqft)
Year Built 1981
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Condominium De Saligny Amd
County Travis
Zip Code 78703
$/sqft $1,029/sqft
Days on Market ,
HOA $740.36/Monthly
Annual Tax Est. $14,578.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229753007
List Date May 12, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
84 East Ave #3106
Rainey District
$969,000 $792 2 bd / 2 ba 1,224 sqft , 2026-07-30
48 East Ave #2611
Natiivo
$950,000 $917 2 bd / 2 ba 1,036 sqft , 2026-05-19
48 East Ave #2911
Natiivo
$949,900 $917 2 bd / 2 ba 1,036 sqft , 2026-05-07
48 East Ave #1310
48 East Condos
$1,049,000 $821 2 bd / 2 ba 1,277 sqft , 2026-03-13
301 West Ave #2009
Independent Condos
$1,049,000 $948 2 bd / 2 ba 1,106 sqft , 2026-05-05

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,752/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$198,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,752
Principal + Interest−$5,403
Property Tax (~2.1% TX avg)−$1,733
Insurance (~0.5%)−$413
Est. Monthly Cash Flow $-2,797

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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