Active Listing  ·  461 days on market

1406 Windsor Rd #305

Austin, TX 78703
$400,000
2 Bed 2 Bath 1,007 sqft $397/sqft Built 1982 0.04 acres Pool Windfield Condominiums

Minutes from Downtown, Lady Bird Lake and Austin’s iconic hike and bike trails, perfect for morning runs or leisurely sunset strolls. Enjoy world-class dining at award-winning neighborhood favorites like Jeffrey’s and Cipollina, both just around the corner. Explore the cultural and educational heartbeat of the city at the nearby University of Texas or stroll to the majestic Texas State Capitol, all within easy reach.

Perched on the third floor with peekaboo views of the downtown skyline and UT Tower, this home perfectly balances serene comfort with vibrant city access. a sophisticated two-bedroom, two-bath condominium offering effortless city living in one of Central Austin’s most sought-after neighborhoods. Two reserved parking spaces — a rare luxury in this prime location — make coming and going seamless. Step outside your door and enjoy the pool and grilling area for owners.

Inside, you’ll find a thoughtful layout ideal for entertaining or quiet relaxation, with spacious bedrooms, updated baths, and an open-living concept.

Whether you're looking for a vibrant home base in the city or a lock-and-leave lifestyle, this property delivers on every level with location and convenience.

At $397/sqft, this home is priced 2% 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

1406 Windsor Rd #305, Austin, TX 78703

Property Details

Price $400,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,007 sqft
Lot Size 0.04 acres (1,742.4 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Windfield Condominiums
County Travis
Zip Code 78703
$/sqft $397/sqft
Days on Market ,
HOA $426/Monthly
Annual Tax Est. $8,266
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT194831489
List Date April 30, 2025
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.

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 · April 30, 2025 $535,000
Previous ask $500,000
Current ask $400,000
Reduced $135,000 (-25.2%) 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
105 E Walnut Dr
Dean Terrace
$400,000 $494 2 bd / 1 ba 810 sqft , 2025-11-18
4501 Gillis St
Forest Oaks
$400,000 $424 3 bd / 1 ba 944 sqft , 2026-04-28
8507 Contour Dr
Wooten Park Sec 05
$400,000 $329 3 bd / 2 ba 1,214 sqft , 2026-06-17
8507 Shenandoah Dr
Heritage Hills
$400,000 $308 3 bd / 2 ba 1,300 sqft , 2026-06-19
2235 E 6th St #204
ESTE; Condominium
$399,999 $426 1 bd / 1 ba 940 sqft , 2026-03-23

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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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