Active Listing  ·  155 days on market

1800 Lavaca St #A806

Austin, TX 78701
$189,000
2 Bed 1 Bath 608 sqft $311/sqft Built 1966 0.01 acres 1-Car Garage Pool Greenwood Towers Amd

A true Downtown experience * Greenwood Towers offers its' owners benefits a step above with amenities including a welcoming lobby, on-site concierge service, elevators, a laundry center, private large open courtyard, secured entry and paring, building security, gated garage parking, cluster mailboxes, and secure bike storage.

Plus, your HOA dues pay for the electricity, gas, water, wastewater services, trash, hot water and one assigned parking space.

Located in the heart of downtown Austin, this condo has large windows in both the spacious living and bedroom areas fill the space with natural light and City views.

The open-concept floorplan has one bedroom and one study/2nd bedroom. The study has always been used as the 2nd bedroom. The kitchen offers a built-in microwave, stainless steel appliances, gas cooking range, dishwasher, range hood and refrigerator.

Your condo offers unbeatable walkability to the UT campus, only one block away, the Museum District, Dell Medical Center, only five blocks from the State Capitol, and The Drag. Residents enjoy easy access to a wide variety of eclectic restaurants, unique bars, and cozy coffee shops. Living here puts you in the center of it all—making errands, shopping, meeting friends for drinks incredibly convenient and the city's best night life.

Information provided within came from many sources and therefore cannot be guaranteed. Buyer and its' agent should verify all information before making an offer.

At $311/sqft, this home is 20% 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 #A806, Austin, TX 78701

Property Details

Price $189,000
Status Active Listing
Beds 2
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 $311/sqft
Days on Market ,
HOA $750/Monthly
Annual Tax Est. $3,545.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220448609
List Date March 12, 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 →

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 · March 12, 2026 $195,000
Current ask $189,000
Reduced $6,000 (-3.1%) 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
204 E 30th St #101
30th Street Condominiums
$189,000 $420 1 bd / 1 ba 450 sqft , 2026-07-17
2714 Nueces St #107
Nueces Corner Condo Amd
$192,000 $481 1 bd / 1 ba 399 sqft , 2026-05-27
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
1800 Lavaca St #512
Greenwood Towers Amd
$185,000 $311 1 bd / 1 ba 594 sqft , 2026-07-28

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
$907/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
$37,800
20% conventional investment loan

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

Estimated Gross Rent+$907
Principal + Interest−$1,031
Property Tax (~2.1% TX avg)−$331
Insurance (~0.5%)−$79
Est. Monthly Cash Flow $-534

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 13, 2026.

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