Active Listing  ·  102 days on market

1800 Lavaca St #102

Austin, TX 78701
$199,000
1 Bed 1 Bath 608 sqft $327/sqft Built 1966 0.01 acres 1-Car Garage Pool Greenwood Towers Amd

**Located minutes from UT ** Beautifully Updated ** For Sale and Lease** Experience the best of downtown living in this beautifully renovated condo, thoughtfully updated with a modern kitchen, stylish bathroom, and convenient in-unit laundry. This elevated first-floor residence offers both privacy and ease of access—no elevator required—within a secure, controlled-access building featuring an on-site property manager, secure package delivery, and a nighttime security officer for added peace of mind.

Inside, you’ll find rich Brazilian cherry hardwood floors, sleek quartz countertops, and a full suite of stainless steel appliances, including a dishwasher, refrigerator, air-fryer microwave, and gas range. Central heating and air conditioning ensure year-round comfort, while expansive south-facing windows fill the home with abundant natural light.

Residents can also enjoy the serene shared courtyard—perfect for relaxing or unwinding outdoors. The HOA covers electricity, gas, trash, water, and wastewater services, and the unit includes an assigned covered parking space in a gated garage.

A perfect blend of comfort, style, and convenience in a prime downtown location.

At $327/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1800 Lavaca St #102, Austin, TX 78701

Property Details

Price $199,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 608 sqft
Lot Size 0.01 acres (270.07 sqft)
Year Built 1966
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Greenwood Towers Amd
County Travis
Zip Code 78701
$/sqft $327/sqft
Days on Market ,
HOA $530/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226520838
List Date April 24, 2026
Elementary School Lee
Middle School Kealing
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
3506 Speedway None #104
Pecan Walk Condo
$199,000 $395 1 bd / 1 ba 504 sqft , 2025-12-19
1000 W 26th St #215
Escala
$199,000 $447 1 bd / 1 ba 445 sqft , 2026-05-14
2801 Hemphill Park #A103
Quarters Condominiums
$199,000 $442 1 bd / 1 ba 450 sqft , 2026-05-13
2408 Longview St #110
Star West Condos
$198,500 $276 2 bd / 1 ba 720 sqft , 2026-03-12
7920 Rockwood Ln #249
Royal Orleans North Condo Amd
$199,699 $269 1 bd / 1 ba 743 sqft , 2026-05-29

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (~2.1% TX avg)−$348
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-562

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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