Active Listing  ·  54 days on market

1115 Kinney Ave #9

Austin, TX 78704
$575,000
2 Bed 3 Bath 1,619 sqft $355/sqft Built 2005 0.04 acres 2-Car Garage Pool Ivy On Kinney Condo Amd

Rare opportunity to own a beautifully updated end-unit townhome-style condo in the heart of Zilker. Quietly tucked away from the hustle and bustle of South Lamar and Barton Springs Road, yet just minutes from Austin’s most iconic destinations, this home offers the perfect blend of privacy, convenience, and walkability.

With over 1,600 square feet, this 2-bedroom, 2.5-bath residence lives more like a single-family home than a condo. The versatile three-level floor plan features a private office or flex space on the ground floor, open-concept living, dining, and kitchen areas on the second level, and two spacious bedrooms with en-suite baths on the top floor.

Recent updates throughout the kitchen and bathrooms create a fresh, modern feel. The kitchen is highlighted by a rare island cooktop with a drop-down vent, offering both style and functionality. As an end unit, the home enjoys abundant natural light and added privacy.

Leave the car behind and enjoy easy access to Barton Springs Pool, Zilker Park, Lady Bird Lake trails, Alamo Drafthouse, Blues on the Green, ACL Festival, and the countless dining, shopping, and entertainment options along South Lamar. Surrounded by multimillion-dollar homes, this property offers exceptional value in one of Austin’s most desirable neighborhoods.

Additional highlights include a recently replaced roof and a well-managed HOA with dues that have remained unchanged since 2020. Short-term rentals are not permitted, with a 90-day minimum lease term helping preserve the character and stability of the community.

Exceptional location, generous living space, stylish updates, and unmatched walkability make this Zilker gem a rare find.

At $355/sqft, this home is 9% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1115 Kinney Ave #9, Austin, TX 78704

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,619 sqft
Lot Size 0.04 acres (1,960.2 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Ivy On Kinney Condo Amd
County Travis
Zip Code 78704
$/sqft $355/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $11,630.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230485140
List Date June 11, 2026
Elementary School Zilker
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 11, 2026 $585,000
Current ask $575,000
Reduced $10,000 (-1.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1702 S Lamar Blvd #11
Sage Condo
$575,000 $378 2 bd / 3 ba 1,523 sqft , 2026-01-09
1114 Richardine Ave
Brooksdale
$575,000 $343 3 bd / 2 ba 1,677 sqft , 2026-03-07
7800 Southwest Pkwy Pkwy #2020
Escondera Condominiums
$575,000 $269 3 bd / 2 ba 2,135 sqft , 2026-01-09
1000 Liberty Park Dr #204
Liberty Park Condo Amd
$575,000 $483 2 bd / 2 ba 1,191 sqft , 2026-03-20
3112 Crosscreek Dr
Allandale Estates Sec 01
$575,000 $425 3 bd / 2 ba 1,352 sqft , 2026-05-21

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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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