Active Listing  ·  278 days on market

1506 W 13th St #1

Austin, TX 78703
$689,000
2 Bed 2 Bath 1,462 sqft $471/sqft Built 1983 0.04 acres 1-Car Garage Pool Escorial Condo

Introducing Your Dream Condo!

Step into this stunningly renovated 2-bedroom, 2-bathroom condo nestled in the desirable Escorial Condominiums in coveted Clarksville area! With an abundance of natural light, this home is designed for modern living. It has a very inviting open floor-plan! The spacious living-dining-kitchen area is perfect for both relaxation and entertainment, featuring a cozy gas fireplace and a stylish new chandelier. Cook up a storm in the gourmet kitchen equipped with a copper double sink, ensuring both functionality and elegance. The private outdoor oasis is a showstopper! Enjoy your morning coffee or evening gatherings on your charming private side patio, or take a stroll to the beautifully landscaped gated courtyard and refreshing swimming pool. This condo also includes a coveted single-car garage plus an additional assigned partially covered parking space for your convenience. Don’t miss out on this incredible opportunity! Schedule your visit today and experience the perfect blend of comfort and style!

At $471/sqft, this home is priced 20% 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

1506 W 13th St #1, Austin, TX 78703

Property Details

Price $689,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,462 sqft
Lot Size 0.04 acres (1,568.16 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Escorial Condo
County Travis
Zip Code 78703
$/sqft $471/sqft
Days on Market ,
HOA $694/Monthly
Annual Tax Est. $7,979.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210483471
List Date October 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 · October 30, 2025 $850,000
Previous ask $695,000
Current ask $689,000
Reduced $161,000 (-18.9%) 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
3103 Garwood St #2
Brass G M
$689,000 $510 3 bd / 3 ba 1,352 sqft , 2026-06-04
2105 SL Davis Ave. #2 None
Foster
$689,900 $629 3 bd / 3 ba 1,097 sqft , 2026-07-21
5200 Grover Ave
Brentwood
$690,000 $680 2 bd / 3 ba 1,014 sqft , 2026-06-02
1000 Liberty Park Dr #406
Liberty Park Condo Amd
$690,000 $472 2 bd / 2 ba 1,461 sqft , 2026-04-23
2505 Bluebonnet Ave #5
Bluebonnet Lofts
$685,900 $452 2 bd / 3 ba 1,519 sqft , 2025-05-09

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
$3,307/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
$137,800
20% conventional investment loan

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

Estimated Gross Rent+$3,307
Principal + Interest−$3,760
Property Tax (~2.1% TX avg)−$1,206
Insurance (~0.5%)−$287
Est. Monthly Cash Flow $-1,946

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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