Active Listing  ·  42 days on market

1404 Norwalk Ln #206

Austin, TX 78703
$339,897
2 Bed 3 Bath 1,002 sqft $339/sqft Built 1981 0.04 acres Pool Westfield Condo

Prime Tarrytown Condo | 2 Bed | 2.5 Bath | Pool | Covered Balcony

Welcome to Westfield Condos, 1404 Norwalk Ln, Unit 206, in the heart of Tarrytown. This second-floor 2-bedroom, 2.5-bath condo combines a functional layout with an easy, low-maintenance lifestyle in one of Austin's most coveted neighborhoods.

The primary bedroom opens directly to a covered balcony, a private spot for morning coffee or winding down at the end of the day. Inside, hardwood, laminate, and carpeted floors add warmth, and the two-bedroom layout works equally well as a primary residence, second-bedroom guest space, home office, or lock-and-leave retreat. Residents also enjoy cooling off in the community pool.

Simple, worry-free ownership. HOA dues cover water, trash, pool maintenance, lawn care, and common area maintenance.

Location is the star. Zilker Park and the Lady Bird Lake trails are close by. Spend afternoons at Deep Eddy Municipal Pool, grab coffee at Mozart's, tee off at Lions Municipal Golf Course, or dine on the water at Hula Hut and Quince Lakehouse. H-E-B on Lake Austin Boulevard is an easy walk or quick drive, and downtown is a short trip away. Deep Eddy Cabaret dive bar, Maudie's, and Lake Austin are also nearby.

Schools and campus: Zoned to Austin ISD, including O. Henry Middle School, Casis Elementary, and Austin High School. Just minutes from UT Austin, it suits faculty, or students and roommates who want a quiet, established neighborhood.

Make it yours. With a solid foundation and functional layout, the unit is ready for cosmetic updates, so you can personalize it to your taste in a prime location.

Full-time home, city retreat, or low-maintenance place to own in Tarrytown, this is Austin living close to downtown and surrounded by parks, trails, golf, swimming, and dining.

Please contact listing agent Lamar Doyle for showings and information.

At $339/sqft, this home is 13% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1404 Norwalk Ln #206, Austin, TX 78703

Property Details

Price $339,897
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,002 sqft
Lot Size 0.04 acres (1,572.52 sqft)
Year Built 1981
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Westfield Condo
County Travis
Zip Code 78703
$/sqft $339/sqft
Days on Market ,
HOA $335/Monthly
Annual Tax Est. $6,756.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245196604
List Date October 1, 2026
Elementary School Casis
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Casis · O Henry · Austin

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.

Schedule a Call →

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 · October 1, 2026 $349,900
Current ask $339,897
▼ Reduced $10,003 (-2.9%) 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
2520 Quarry Rd #202
Quarry In Enfield Condo
$339,900 $396 2 bd / 2 ba 858 sqft , 2026-09-09
2412 Enfield Rd #3
Enfield West Condo Amd
$305,000 $456 1 bd / 1 ba 669 sqft , 2026-10-20
2520 Quarry Rd #304
Quarry In Enfield Condo
$385,000 $439 2 bd / 2 ba 876 sqft , 2026-10-29
1210 Windsor Rd #209
Windsor Oaks Condo Amd
$400,000 $415 2 bd / 2 ba 963 sqft , 2026-09-18
2208 Enfield Rd #105
Westfield Plaza Condo Amd
$239,717 $274 2 bd / 1 ba 876 sqft , 2026-05-19

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
$1,632/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
$67,979
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,855
Property Tax (assumed ~2.1%)−$595
Insurance (assumed ~0.5%)−$142
Est. Monthly Cash Flow $-960

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 28, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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