Active Listing  ·  113 days on market

1205 Norwalk Ln #D

Austin, TX 78703
$1,400,000
3 Bed 3 Bath 2,747 sqft $510/sqft Built 2006 0.15 acres 2-Car Garage Pool Quarry Oaks Condo

Tucked into Quarry Oaks, an intimate, tree-lined enclave in Deep Eddy, this residence delivers the rare combo of design-forward living + true lock-and-leave ease, all in a location that keeps you close to everything, without feeling “in” everything. Designed by local architects Rick & Cindy Black, this townhome-style condo is filled with thoughtful custom touches, high ceilings, warm wood floors, and an abundance of natural light streaming in through expansive windows and skylights. Built-ins and bookcases add both character and function, creating a home that feels effortlessly livable. At the heart of the home, the kitchen is made for cooking and easy entertaining, featuring stone countertops, a built-in refrigerator, and a gas range, plus the kind of storage and flow you’ll appreciate every day. A dedicated wine room brings a “wow” moment that still feels practical, perfect for hosting, collecting, or simply having your favorites beautifully tucked away. Upstairs, the primary suite is a retreat, with a large shower + bathtub, double vanity, and two closets, while the home’s outdoor spaces invite morning coffee or evening wind-downs on the deck / screened porch and balcony moments. Add a 2-car attached garage and a community structure that supports an easy lifestyle, HOA includes items like landscaping, exterior/structure maintenance, and insurance, and you get the kind of low-maintenance living that’s almost impossible to find in this zip code. The location is the finishing touch: a short walk to HEB on Lake Austin Blvd and O. Henry’s track & tennis courts across the street, with Deep Eddy + iconic West Austin amenities just minutes away.

At $510/sqft, this home is priced 30% 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

1205 Norwalk Ln #D, Austin, TX 78703

Property Details

Price $1,400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,747 sqft
Lot Size 0.15 acres (6,621.12 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Quarry Oaks Condo
County Travis
Zip Code 78703
$/sqft $510/sqft
Days on Market ,
HOA $576/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226086379
List Date April 13, 2026
Elementary School Casis
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
1804 Ullrich Ave
Sun Set Terrace
$1,400,000 $560 4 bd / 3 ba 2,500 sqft , 2026-03-18
10904 Rawhide Trl
n/a
$1,400,000 $464 4 bd / 3 ba 3,014 sqft , 2026-04-14
3910 McNeil Dr
Oak Crest
$1,400,000 $485 4 bd / 3 ba 2,889 sqft , 2026-06-04
6004 Mount Bonnell Rd
Cat Mountain Villas Sec 02-A
$1,400,000 $477 3 bd / 3 ba 2,934 sqft , 2026-06-26
6602 Wolfcreek Pass
Wedgewood Sec 01
$1,400,000 $616 3 bd / 2 ba 2,271 sqft , 2026-07-14

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
$6,720/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
$280,000
20% conventional investment loan

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

Estimated Gross Rent+$6,720
Principal + Interest−$7,640
Property Tax (~2.1% TX avg)−$2,450
Insurance (~0.5%)−$583
Est. Monthly Cash Flow $-3,953

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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