Active Listing  ·  4 days on market

1527 Madison Ave #B

Austin, TX 78757
$524,988
2 Bed 3 Bath 839 sqft $626/sqft Built 2014 0.12 acres 1-Car Garage Pool 1527 Madison Condo

Welcome to 1527 Madison Avenue #B, where the privacy of a detached home meets the convenience of one of Central Austin's most sought-after neighborhoods. Nestled in the heart of Crestview, this well-maintained condo has been lovingly cared for by its original owner since it was built in 2014 and offers a low-maintenance lifestyle.

Inside, the thoughtfully designed floor plan makes the most of every square foot. Stained concrete flooring anchors the main level, bamboo flooring adds warmth along the staircase, and plush carpet creates inviting bedroom retreats upstairs. Each bedroom features its own private ensuite bathroom and dedicated closet, offering flexibility for guests, roommates, or a dedicated home office.

Outside, beautifully landscaped front and back yards are complemented by a turfed backyard that stays green year-round with minimal maintenance. It's the perfect place to unwind after work, entertain friends, or enjoy your morning coffee. Unlike many detached condos in the area, this home also features its own private driveway with no shared drive, adding both convenience and a true single-family feel.

The location is what makes Crestview one of Austin's most desirable neighborhoods. Enjoy a five-minute walk to neighborhood favorites like Little Deli & Pizzeria and Fresh Plus Grocery, or a quick five-minute drive to the shops and restaurants along Anderson Lane and North Lamar. The University of Texas is approximately 15 minutes away, while Downtown Austin is only about 20 minutes from your front door. The property is zoned to Brentwood Elementary, Lamar Middle School, and McCallum High School.

Homes offering this combination of location, privacy, and condition at this price point are becoming increasingly difficult to find in Crestview. Come experience everything 1527 Madison Avenue #B has to offer.

At $626/sqft, this home is priced 60% 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

1527 Madison Ave #B, Austin, TX 78757

Property Details

Price $524,988
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 839 sqft
Lot Size 0.12 acres (5,013.76 sqft)
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 1527 Madison Condo
County Travis
Zip Code 78757
$/sqft $626/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,041.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240154993
List Date July 31, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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 →

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
1312 E M Franklin Ave #2
Division B
$525,000 $485 2 bd / 3 ba 1,083 sqft , 2026-06-01
3906 Becker Ave
Country Club Heights
$525,000 $557 2 bd / 1 ba 943 sqft , 2026-06-15
3409 Neal St #2
3409 NEAL CONDOMINIUMS
$525,000 $481 2 bd / 3 ba 1,092 sqft , 2026-06-16
1703 Perez St #2
1703 Perez Street Condos
$525,000 $486 3 bd / 2 ba 1,081 sqft , 2026-07-16
2209 S 1st St #113
One Oak Condominiums
$524,500 $640 1 bd / 1 ba 819 sqft , 2026-01-08

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
$2,520/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
$104,998
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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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