Active Listing  ·  13 days on market

1523 Piedmont Ave #A

Austin, TX 78757
$499,000
2 Bed 1 Bath 1,132 sqft $441/sqft Built 1950 0.09 acres Pool 1523 Piedmont Condos

The Character You Want. The Updates You’ll Appreciate. Some homes don’t need to be brand new to steal your heart—they simply need to be thoughtfully updated and cared for. This home is a charming 1950s Crestview classic that blends timeless character with meaningful updates, offering the warmth and authenticity that make older Austin homes so appealing. The original wood floors have been beautifully resurfaced, adding richness and personality throughout the home. Updated windows, a roof less than five years old, and a tankless water heater bring added comfort and convenience. The bathroom has been tastefully updated, while the kitchen combines charm and function with beautiful custom cabinetry, pull-out drawers, thoughtful storage, and an indoor washer and dryer. Light-filled living spaces create a welcoming atmosphere equally suited for quiet mornings with coffee or evenings entertaining friends. With two bedrooms and comfortable, manageable spaces, this is a home you can settle into now while still having the freedom to make it distinctly your own. Outside, fully fenced front and back yards offer plenty of room to garden, entertain, relax, or let pets roam. A covered carport provides convenient off-street parking without taking away from the outdoor space. And then there’s the location. Set in the heart of Crestview, you can walk to Brentwood Elementary, the neighborhood pool, Violet Crown Shopping Center, local restaurants, coffee shops, wine bar and everyday conveniences—the kind of walkability and neighborhood connection that make this part of Central Austin so special. Full of character, updated where it matters, and perfectly positioned in one of Austin’s most established neighborhoods, 1523 Piedmont is the kind of home that feels welcoming the moment you arrive. Original character where you want it. Smart updates where you need them. A walkable Crestview location that ties it all together.

At $441/sqft, this home is priced 13% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1523 Piedmont Ave #A, Austin, TX 78757

Property Details

Price $499,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,132 sqft
Lot Size 0.09 acres (3,815.86 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 1523 Piedmont Condos
County Travis
Zip Code 78757
$/sqft $441/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,436.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251291738
List Date October 30, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Brentwood · Lamar (Austin ISD) · McCallum

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
1106 Justin Ln
Crestview Add Sec 01
$499,950 $446 2 bd / 1 ba 1,121 sqft , 2026-10-08
605 WILMES Dr #1
KIRK HEIGHTS
$500,000 $490 3 bd / 2 ba 1,020 sqft , 2026-11-05
503 Brentwood St
Plaza Place
$489,000 $416 3 bd / 2 ba 1,176 sqft , 2026-03-03
2207 Pasadena Dr #10
Villas at Pasadena Condominiums
$480,000 $389 2 bd / 2 ba 1,233 sqft , 2026-09-01
7920 Mullen Dr #3
Wooten Park Square Sec 02
$475,000 $311 3 bd / 3 ba 1,525 sqft , 2026-08-26

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (assumed ~2.1%)−$873
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 November 9, 2026.

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

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