Active Listing  ·  4 days on market

1800 Lavaca St #A107

Austin, TX 78701
$175,000
1 Bed 1 Bath 608 sqft $288/sqft Built 1966 0.01 acres 1-Car Garage Pool Greenwood Towers Amd

Charming 1BD/1BA, 608 sq. ft. ground-floor condo in Greenwood Towers. This prime location is just a 3–8-minute walk to UT, ACC, the Museum District, the State Capitol, downtown, dining, shopping, and entertainment. Additionally, the condo is only a 5-minute drive from the Plaza Saltillo commuter rail station. The secure building offers controlled access to the lobby, community laundry, reserved garage parking, courtyard and bike storage. Unit #107 is one of only four ground-floor units, it offers privacy and convenient access to all building amenities. HOA fee covers all the utilities: electricity, gas, water, trash collection and maintenance of all the common areas. Priced to sell AS-IS, this unit features a high-potential layout ready for personal updates. Bring your best offer!

At $288/sqft, this home is 26% 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 #A107, Austin, TX 78701

Property Details

Price $175,000
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 $288/sqft
Days on Market ,
HOA $725/Monthly
Annual Tax Est. $4,474.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242951279
List Date August 10, 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.

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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
1800 Lavaca St #515
Greenwood Towers Amended
$174,000 $294 1 bd / 1 ba 592 sqft , 2026-02-19
1800 Lavaca St #203
Greenwood Towers Amd
$179,900 $296 1 bd / 1 ba 608 sqft , 2026-04-02
1800 Lavaca St #204
Greenwood Towers Amd
$184,000 $326 1 bd / 1 ba 565 sqft , 2026-03-03
1000 W 26th St #213
Escala At San Gabriel Condo
$185,000 $416 1 bd / 1 ba 445 sqft , 2026-06-23
2803 Hemphill Park #B-201
Whitis
$185,000 $411 1 bd / 1 ba 450 sqft , 2026-07-13

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
$840/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
$35,000
20% conventional investment loan

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

Estimated Gross Rent+$840
Principal + Interest−$955
Property Tax (~2.1% TX avg)−$306
Insurance (~0.5%)−$73
Est. Monthly Cash Flow $-494

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 · 30 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. This page was last updated on August 14, 2026.

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